Staying out of the weeds
Microsoft will never be mistaken for a small company – and it left its entrepreneurial roots behind long ago, but there are still important lessons new business owners can take from the company.
With so many divisions fighting for R&D dollars, CEO Steve Ballmer says he often feels like a “mini venture capitalist,” having to choose between the ideas he thinks will work and those that won’t. In this segment, taken from a Entrepreneurial Thought Leader lecture given earlier this year at Stanford University, he talks about which ideas and projects receive resources and the importance of staying focused on core-competancies and core-strategies.
http://ecorner.stanford.edu/swf/player-ec.swf
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About the Author, Chris Morris
Chris Morris is editor of the Entrepreneur Corner on VentureBeat, helping start-up business owners launch and grow their companies. He previously worked at Yahoo! Finance, where he was managing editor, and as director of content development at CNNMoney.com. He is also a widely respected journalist in the video game and technology fields, whose work has appeared in Variety, CNBC.com, AOL and Forbes.com. Follow him on Twitter at @MorrisatLarge
