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London Calling: Lessons from the States applied in Britain’s capital: A British diplomat shares entrepreneurial truths at MIT Sloan – Philip Budden
Britain is well known as the site of the world’s first Industrial Revolution, but until recently London – home of the scientific and financial revolutions that preceded industrialization – was rarely considered an entrepreneurial hotspot since then. London seemed simply not to have captured the kind of world-class, innovation-driven entrepreneurship that has propelled Silicon Valley and Kendall Square to international acclaim. Seeking to play my role in helping London recapture some of its entrepreneurial tradition, I took up a post in Fall 2012 as a Visiting Scholar at MIT Sloan on behalf of the British Government. For the previous five years, I had been Britain’s Consul General to New England focused on transatlantic business development and had moved the Consulate into One Broadway (aka E70) to deepen the links with MIT, Kendall Square and the high-tech sectors. I had not started my project with a focus just on MIT: I … Read More »The post London Calling: Lessons from the States applied in Britain’s capital: A British diplomat shares entrepreneurial truths at MIT Sloan – Philip Budden appeared first on MIT Sloan Experts. Read the full post >
From Xconomy Success in business is out of reach to those who aren’t already blessed with plentiful advantage, so goes the conventional wisdom. A similar stereotype in sports is that you either have talent or you don’t. But the story of a once-maligned pitcher’s World Series victory upends both of these stereotypes, and has great lessons for entrepreneurs. A year ago, the Boston Red Sox would have gladly traded John “Popeye’s Chicken and Beer” Lackey for a bucket of dirty baseballs. Certainly, the fans would have. The pitcher delivered a horrific 6.41 earned run average in 2011, missed the entire 2012 season due to injury, and his clubhouse antics suggested a lack of discipline and focus that would hamper him even when he was healthy. Fast forward to last month, where Lackey’s performance in the final, decisive World Series game led the team to victory. As Lackey walked off the … Read More »The post What entrepreneurs should learn from John Lackey’s incredible turn around — Bill Aulet appeared first on MIT Sloan Experts. Read the full post >