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Lesson #3: Think Long-Term
“We weren’t trying to just go public and get rich,” recalls Gates of his early Microsoft days. “There was no near-term thing. It always was this many-decades thing where there were no shortcuts and we’d sort of put one foot in front of the other.”

Other company researchers Related Articles

Resource Dependence Theory In Management
In the early 1970s researchers began to question whether managers were able to accurately perceive the threats and opportunities actually present in the external environment. Scholars soon began to search for a more objective method of operationalizing the environmental uncertainty construct. Attempting to solve this dilemma, researchers in the 1970s began to explore resource dependency as a more objective measure of the uncertainty that organizations faced when dealing with their environment.
15.0 What Needs to be Done - Producing Better Research: Entrepreneurs and entrepreneurship in Africa
Most researchers and policy makers have tended to use the information summarized in Table I in an isolated way. Researchers have concentrated either on the entrepreneur (e.g., Frese, 2000), the entrepreneurial firm (Jorgensen, et al., 1986), or the external environment (Buame, 1996). Rarely have they taken a holistic approach to study the combined and interactive effects of the three factors on entrepreneurial success or failure across time and space.
2.1.1 Poor outputs, limited impact
During the 1970s, there was considerable optimism among policymakers, donors and researchers about the potential impact of vocational training on productivity and incomes for the poor.

Who Are Your Buyers and Who Feeds Them
Once you have the overall industry landscape figured out, the next step is to go deeper and describe who the buyers, suppliers and distributors are, and what drives them. This is the food chain that some researchers refer to. Start with the buyer; your customer. Within a company, who is the buyer? Is it a CIO? Is it a VP of service? Is it the purchasing manager? Is it the buyer for a retail store? Is it the VP of development? Whoever it is, describe the buyer's recognition of the problem you solve, the criteria that will be used to determine the purchase, the likely availability of resources to support the purchase, and the decision process that you will be confronted with.

The Importance of a Good Handshake
For the first time ever, researchers have studied the importance of a good handshake.
Nature Helps ADHD Symptoms
Researchers at the University of Illinois found that 20 minutes in nature (think green!) helped reduce unwanted ADHD symptoms among its participants. While this study was done with children, the researchers state that their findings also extend to ADHD adults and the non-ADHD population.
Balance Self-Confidence and Uncertainty
Researchers have revealed yet another key to flow.
Daydreaming – Is It Good For You?
Did you know that daydreams can have some big benefits? Today researchers know that daydream content helps you map onto your mind everyday goals, aspirations and even apprehensions.
Your Laptop Could Be Toasting Your Testicles
This bit of news might drive laptop makers nuts (every pun intended) but researchers say heat generated by laptops can cook men’s gonads and compromise their baby-making potential.

Positivity at Work
As neuroscience researchers study the brain and learn more about how we achieve optimal functioning, the term positivity has finally captured business leaders’ interests.

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