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| Art Medici (L) and me after the Strategic Business Forum |
I asked Art Medici, a partner at
Newport Board Group,
what was the biggest mistake CEOs routinely make. Given Art’s extensive
CEO pedigree (he’s raised money, right-sized, navigated through mergers
and acquisitions, founded companies, turned companies around, etc.), I
figured he was the right guy to ask. He answered, but along the way he
also gave me a bunch of other wisdom. Here are some highlights:
1.
Get potential buyers of your product or service involved early in any development process.
The conceit that a majority of entrepreneurs or inventors have is that,
based on their experience, they know exactly what the marketplace
wants. The problem is....
Read the rest at the Washington Business Journal.
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