European Scaleup Institute’s Post

𝐖𝐡𝐲 𝐄𝐧𝐭𝐫𝐞𝐩𝐫𝐞𝐧𝐞𝐮𝐫𝐬 𝐒𝐡𝐨𝐮𝐥𝐝 𝐓𝐡𝐢𝐧𝐤 𝐋𝐢𝐤𝐞 𝐒𝐜𝐢𝐞𝐧𝐭𝐢𝐬𝐭𝐬 In a recent study of European start-ups, one technique consistently boosted performance: the scientific method, a centuries-old discipline of formulating, testing, and tweaking hypotheses. Ventures employing it generated more revenues than those that didn’t and were also more likely to pivot away from unviable ideas, a necessity for early-stage firms. Entrepreneurs can easily apply it by following these steps: 1. First, state your main hypothesis. 2. Define the critical dependencies underlying the hypotheses and investigate them. 3. Refine your theories and test them again—but more broadly. “Entrepreneurs who adopt the scientific method are not visionaries. They’re aware that their theories may be wrong. And when they’re wrong, they modify their theories, which they test again. If no theories are successful, they terminate the start-up,” says Gambardella, a professor of corporate management at Bocconi University. Even if you end up shutting down a business, don’t worry. “Failing a few times is a recipe for future success,” Gambardella says. Checkout the article by Cosimo Cecchini is a cofounder of Osense for more information https://lnkd.in/g7pxRrBt #BusinessLeadership #Leadership #BusinessStrategy #ExecutiveLeadership #BusinessInnovation #Entrepreneurship #CLevelExecutives #FutureOfWork #Management #BusinessGrowth #decisionmaking #responsibilty #focus #timemanagement #focus #openness #criticalthinking #growthmindset #resilence #leadersship #gamechanger #innovation #adaptability #businessstrategy #innovation #sustainability #skillup #learninganddevelopment #success #thinkinghabit #priorities #improvement #awarness #clarity #development #responsibilities #effectiveness #encouragement #teamwork #openmindness #opportunities #challenges #leadership #leader #ttecna 

🎓 𝗙𝗿𝗼𝗺 𝗠𝗕𝗔 𝘁𝗼 𝗦𝗶𝗹𝗶𝗰𝗼𝗻 𝗩𝗮𝗹𝗹𝗲𝘆 𝗖𝗹𝗶𝗺𝗮𝘁𝗲 𝗧𝗲𝗰𝗵 𝗘𝗻𝘁𝗵𝘂𝘀𝗶𝗮𝘀𝘁: 𝗠𝘆 𝗝𝗼𝘂𝗿𝗻𝗲𝘆 𝘁𝗼 𝗘𝗻𝘁𝗿𝗲𝗽𝗲𝗻𝗲𝘂𝗿𝘀𝗵𝗶𝗽 Diving into my MBA was one of the most exciting decisions of my life. I’ve always had a fire for entrepreneurship, but my MBA truly lit the path. The time I spent in Silicon Valley tackling the Executive Development Program was nothing short of eye-opening—it’s hard to describe the buzz of innovation you feel in the air there. I found myself surrounded by visionary thinkers and the masterminds of the tech revolution, people who were pushing boundaries and redefining what’s possible. It wasn’t just the energy of the place, but the sheer excitement of seeing how technology could drive real-world change. That atmosphere fueled my ambition to build something impactful and guided the founding of sustamize. Today i can proudly say, that we’re helping businesses worldwide reduce their CO2 footprint and make a tangible difference by diving into the innovative world of Climate Tech. 💡𝗧𝗵𝗲𝗿𝗲’𝘀 𝗻𝗼𝘁𝗵𝗶𝗻𝗴 𝗹𝗶𝗸𝗲 𝗯𝗲𝗶𝗻𝗴 𝗮𝗿𝗼𝘂𝗻𝗱 𝗽𝗲𝗼𝗽𝗹𝗲 𝘄𝗵𝗼 𝗶𝗻𝘀𝗽𝗶𝗿𝗲 𝘆𝗼𝘂 𝘁𝗼 𝗽𝘂𝘀𝗵 𝘆𝗼𝘂𝗿 𝗼𝘄𝗻 𝗹𝗶𝗺𝗶𝘁𝘀 𝗮𝗻𝗱 𝗯𝗿𝗶𝗻𝗴 𝗻𝗲𝘄 𝗶𝗱𝗲𝗮𝘀 𝘁𝗼 𝗹𝗶𝗳𝗲. 𝗪𝗵𝗼 𝗮𝗿𝗲 𝘁𝗵𝗲 𝗺𝗮𝘀𝘁𝗲𝗿𝗺𝗶𝗻𝗱𝘀 𝘄𝗵𝗼 𝗶𝗻𝘀𝗽𝗶𝗿𝗲 𝗬𝗢𝗨? #MBA #Entrepreneurship #ClimateTech #Sustainability #CO2Management #Innovation #SiliconValley #GreenBusiness

Dear friends and colleagues, after spending 30 years building and selling my own companies, supporting startups as a business angel, coach, and board member, and advising leaders and intrapreneurs at multinational companies on how to become more entrepreneurial, I’m now looking for opportunities to teach the next generation of budding entrepreneurs about entrepreneurship and business modeling. It was a great joy to be the Course Director of “Business Model Innovation”, a 7.5 credit course at the KTH Royal Institute of Technology in Stockholm (ranked #74 in QS World University Rankings). My students were kind enough to gift my course with one of the highest-ever recorded scores at KTH. The course was 100% digital and taught in the evenings from 17.00 – 19.45, two days a week for seven weeks totaling 38.5 hours. The schedule can of course be adjusted to fit almost any need. We used a combination of Zoom and Mural (an online whiteboard canvas similar to Miro). The course consists of one individual assignment and one group assignment + several workshops, plenary sessions, presentations by the course director and external speakers, team discussions, and a jury evaluating the students’ business models at the end of the course. Some of my side projects include being on the jury of the European Innovation Council, which is responsible for investing in European startups. I’ve also co-written ISO 56002 for innovation management. Here are some testimonials: https://lnkd.in/dujGF3Da If you would like a more detailed outline of my course I would be happy to share that with you. #business modeling #entrepreneurship

🚀 Otakus : A Choice That Defines Your Path 🚀 In this fast-paced, innovation-driven world, we’re all faced with one pivotal question: Do you want to be the Sheeple 🐑 or the Shepherd 🐺? In every line of code, in every pitch, and in every new idea, there’s a choice: 👉 Follow the cursor or lead the code? 👉 Be part of someone’s story or write your own? At E-YUVA Centre, Atmiya University, we believe in empowering YOU to take charge of your future. 🌟 Whether it’s technology, leadership, or entrepreneurship—this is your moment to rise as the Shepherd of Innovation and guide the change you wish to see. ⚡ To the Techfest innovators, dreamers, and creators ⚡ Are you ready to transform ideas into impact? Will you let others program your future, or will you lead and code it yourself? Your leadership journey starts here. Take control. Learn to lead. Inspire innovation. Let’s turn dreams into action—together. 🔥 #Techfest #IITBombay #Innovation #LeadershipDevelopment #Entrepreneurship #EYuvaCentre #AtmiyaUniversity #EmpowerLeadership #FutureLeaders

As someone who began my career as a scientist (University of Melbourne, University of Cambridge, The Florey) before transitioning into management consulting (Nous Group) and entrepreneurship (starting Curio Group), I found this article from Harvard Business Review particularly resonant: Why Entrepreneurs Should Think Like Scientists (https://lnkd.in/g2idikxQ). The article highlights how the scientific method – characterised by rigorous experimentation, data-driven decision-making, and a relentless pursuit of understanding – can significantly enhance entrepreneurial success. In my journey, these principles have been invaluable. The skills I developed in the lab, such as hypothesis testing, critical thinking, and resilience in the face of failure, have translated seamlessly into the business world. At Curio Group, we believe in transforming learning experiences with the same scientific rigor and curiosity that drive innovation. Embracing a mindset of continuous learning and adaptation has not only fueled our growth but also empowered us to help our clients navigate their challenges more effectively. I encourage fellow entrepreneurs and business leaders to read this insightful article and consider how adopting a scientific approach can propel your ventures forward. #Entrepreneurship #Science #Innovation #Curio #Leadership #ContinuousLearning

🚀𝗦𝘁𝗮𝗿𝘁𝘂𝗽𝘀 𝗮𝗻𝗱 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗜𝗻𝗰𝘂𝗯𝗮𝘁𝗶𝗼𝗻: 𝗙𝘂𝗲𝗹𝗶𝗻𝗴 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻! In today's fast-paced business landscape, startup ecosystems and incubators play a crucial role in nurturing innovation and entrepreneurship. From mentorship to resources, they provide the foundation for groundbreaking ideas to grow into successful businesses. 𝗔𝘁 𝘁𝗵𝗲 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗖𝗿𝗲𝗮𝘁𝗶𝘃𝗶𝘁𝘆 – 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗖𝗼𝗻𝗳𝗲𝗿𝗲𝗻𝗰𝗲, we’ll explore how startup ecosystems foster creativity, support founders, and drive economic growth. Learn from experts, connect with innovators, and discover the future of business incubation! Don't miss this opportunity to connect with experts, learn about the latest trends, and explore new strategies that are shaping the future of industries worldwide. 𝗗𝗶𝘀𝗰𝗼𝘃𝗲𝗿 solutions and to get the chance to publish, after peer review, in the #Scopus-indexed Book Series Advances in Science, Technology &Innovation (ASTI) by #Springer or in 𝐈𝐄𝐑𝐄𝐊 press Journals. 📄 𝗔𝗯𝘀𝘁𝗿𝗮𝗰𝘁 𝗦𝘂𝗯𝗺𝗶𝘀𝘀𝗶𝗼𝗻 𝗗𝗲𝗮𝗱𝗹𝗶𝗻𝗲: 15 November 2024 📅 𝗖𝗼𝗻𝗳𝗲𝗿𝗲𝗻𝗰𝗲 𝗗𝗮𝘁𝗲: 11-12 December, 2024 💻𝗟𝗼𝗰𝗮𝘁𝗶𝗼𝗻: Online, hosted by The American University in the Emirates (AUE) 🔗 𝗳𝗼𝗿 𝗺𝗼𝗿𝗲 𝗶𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗿𝗲𝗴𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻: https://lnkd.in/dSyWdmNp #StartupEcosystems #BusinessIncubation #Entrepreneurship #BusinessCreativity #Innovation #ResearchConference

🔍 Embracing an entrepreneurial mindset in a corporate setting can be transformative in corporate! Why you might ask? Thinking like an entrepreneur often parallels scientific inquiry. Entrepreneurs, much like scientists, thrive on experimentation, adaptability, and a rigorous approach to solving problems. In the corporate world, adopting this mindset means being more proactive about innovation, questioning the status quo, and rigorously testing new ideas and strategies before full-scale implementation. This approach not only fosters a culture of continuous improvement but also positions companies to better navigate the complexities of modern business landscapes. 👉 Why Entrepreneurs Should Think Like Scientists: https://lnkd.in/dNjr2WUz #BusinessInnovation #EntrepreneurialMindset #CorporateStrategy #Leadership #ExponentialLeadership #Innovation #DataDriven

📌🔅Excited to Share Insights from My Doctorate Module on Innovation and Entrepreneurship that is given by Prof. Dr. Robert Pfumbudzayi Machera (PhD), within Exeed College - Westford Education Group, Exeed College As I progress through my doctoral program, I am currently diving into a module focused on Innovation and Entrepreneurship. This course has been an eye-opening experience, highlighting the critical role that innovative thinking plays in driving successful entrepreneurial ventures. Throughout this module, I have explored various frameworks and strategies that foster creativity and encourage the development of ground breaking ideas. Key points include: 1. The Importance of a Growth Mindset: Embracing challenges and viewing failures as learning opportunities are essential for fostering innovation. 2. Identifying Market Needs: Understanding customer pain points and market gaps is crucial for developing solutions that resonate with target audiences. 3. Collaborative Innovation: Engaging with diverse teams and stakeholders can lead to richer ideas and more effective problem-solving. 4. Sustainable Entrepreneurship: Balancing profit with social and environmental responsibility is increasingly vital in today’s business landscape. 5. Agile Methodologies: Adopting flexible approaches allows entrepreneurs to pivot quickly in response to market changes and customer feedback. This module has not only deepened my understanding of the entrepreneurial landscape but has also inspired me to think critically about how innovation can drive positive change in various sectors, including healthcare. I look forward to applying these insights in my future endeavors and contributing to a culture of innovation in my field. #Innovation #Entrepreneurship #DoctorateJourney #ContinuousLearning #HealthcareInnovation #GrowthMindset

Struggling to navigate the complex world of business incubation? 🤯 A new study in the Journal of Business Research offers valuable frameworks for understanding and optimizing the business incubation process, catering to diverse incubator types and desired outcomes. 📈 Takeaways: 1. CIMO Framework in Action: The study employs the Context-Intervention-Mechanism-Outcome framework to analyze different incubation models and their effectiveness. 2. Mechanisms Matter: Identifying the key mechanisms driving desired outcomes (e.g., innovation, societal impact) is crucial for tailoring incubation programs. 3. Future Research Agenda: The research proposes further investigation into long-term outcomes, soft skills development, and comparisons across incubator types. #BusinessIncubation #StartupSupport #Entrepreneurship #CIMOFramework #Innovation

Imagine turning an intangible idea into a groundbreaking product that adds real value (tangible). Our Brave Fellows experienced that firsthand with The Product Field Framework, led by the brilliant minds of Michael Schieben who co-authored the framework, and Rönke von der Heide from Germany. This session wasn’t just a lesson; it was a transformative leap into structured ideation. Innovation as both a Process and a Result was the least of what they learned. Starting with simple projects like a Lemonade Store, our Fellows learned to take abstract concepts and build them into meaningful businesses. The Product Field empowered them with the tools to Realize and Introduce a journey from idea to value, from thought to action. The Product Field Framework approaches problems clearly, combining insights from Design Thinking and Lean Startup methodology into a cohesive and structured process. Each Fellow not only showcased their creativity but learned to execute ideas with precision, making innovation not just a dream but a picture-perfect reality (literally displayed on a chart). What’s truly groundbreaking about the Product Field isn’t just the framework itself, but how it fosters collaboration, cultivates bold thinking, and challenges you to look at the world differently. It opens your eyes to new opportunities and offers a tangible path forward. This journey with the Product Field has changed how our fellows think and act. It teaches that innovation is about having great ideas and knowing “how” to nurture and bring them to life. Here, creativity meets strategy, and ideas turn into value.  #BraveFellows #BraveRedemptive #ProductField #Innovation #CreativeStrategy #DesignThinking #LeanStartup #Entrepreneurship #linkedin