MIT Sloan Fellows Blog

MIT Sloan Fellows, alumni, and faculty put themselves in situations around the world where they believe they can have the most impact—and dig in to uncover truth in uncertainty, reason in chaos, and tackle the tough challenges from refreshingly new vantages.

Entrepreneurs: Keep your Eyes on the Road

Posted by MIT Sloan Fellows on March 29, 2017

One of the great hazards for any founder of a new enterprise, seasoned entrepreneurs say, is the distractions. Distractions in the form of opportunities and detours that can lure the founder away from the core mission in search of easy money or markets. “When you start a new enterprise, check your distractions at the door and stay focused on your vision,” says Gustavo Mamão, SF ’11, founder of the Brazilian startup Flourish. “Remind yourself why you have launched the business…
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Entrepreneurship: A new enterprise should never be a solution in search of a problem

Posted by MIT Sloan Fellows on March 13, 2017

Innovation for its own sake is not necessarily innovative. If you want to start a successful business, says Jag Gill, SF’13, solve a problem. Gill, founder and CEO of Sundar, a global apparel startup, created her business because no efficient platform existed to connect the apparel industry to suppliers and manufacturers. “A clever idea is neither practical nor executable if it doesn’t solve an existing problem or fill a gap.” Gill says that when she mentors budding entrepreneurs, she asks…
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Social responsibility must be a team effort

Posted by MIT Sloan Fellows on February 27, 2017

You’re a founder of a new enterprise and one of your top priorities is social and environmental responsibility. Your management team, however, can’t think of anything but the balance sheet.  By year’s end, your bottom line is healthy, but you don’t feel your new enterprise has contributed much to society. It’s a common dilemma that comes down to a core disconnect that many founders don’t think to look for when pulling together their C-suites. But compatibility surrounding worldview, ethical issues,…
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Entrepreneurship: Anatomy of a Dream Team

Posted by MIT Sloan Fellows on February 9, 2017

Surround yourself with like-minded people. Bring in as many different perspectives as you can. Fuel creativity by promoting tensions. It seems that every expert who weighs in on the composition of the perfect management team offers up a different recipe. We polled a number of entrepreneurial gurus and asked them to tell us who should be at your right hand when you’re about to launch a new enterprise. A diverse mix, says Greentown Labs CEO Emily Reichert, PhD, SF ’12.…
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Stress—a Good or Bad Sign in an Employee?

Posted by MIT Sloan Fellows on February 1, 2017

Will the calm, cool, and collected applicant turn out to be a better employee than the person who exhibits stress? Traditionally, companies have tended to think so. In fact, many industries conduct stress tests with current and prospective employees to see how they perform under pressure. Those who remain calm during the simulations are commonly seen as the best fit for stressful on-the-job situations. MIT Sloan professors Juan Pablo Vielma and Tauhid Zaman and graduate student Carter Mundell beg to differ…
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A robot can drive you to work, but can it advise you on your finances?

Posted by MIT Sloan Fellows on January 19, 2017

The founding father of artificial intelligence Marvin Minsky once said that his ultimate goal was not so much to build a computer he could be proud of as to build one that would be proud of him. MIT Sloan Professor Andrew Lo mentioned this anecdote in a recent piece about financial advisers in The Wall Street Journal. In essence, he poses the question: Can a robot do the job? Lo says that while tech-savvy millennials would be just as happy…
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Opinions expressed in this blog are that of individuals and do not reflect the general opinion of Massachusetts Institute of Technology and MIT Sloan.