I believe that this is one of the skills that will serve entrepreneurs most. You must learn how to look at a situation, take what you can from it, and “spit out the rest” (gross, I know).
I’m a self proclaimed research-a-holic. I will research a topic to death. I am a definitely a member of the Analysis Paralysis Club. In fact, I’m the president. As I transition into my season of implementation I have decided to drop a few breadcrumbs along the way. It is my hope that I can one day look back on my writings and remember my humble beginnings. Anyway, enough of that!
One of the major themes that I encounter while reading (check out my recommended book list) is that successful business people recognize and seek out patterns for success. They search for business models and processes that can be transferred into various industries and economic conditions. Let’s take a look at the McDonalds Corporation. What can we learn from this successful international company? McDonald’s sells burgers, fries, and everything else in between. Do they cook the best burgers on Earth? I…
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