The global lending market is massive. In the U.S. alone, small businesses borrow over $600 billion annually and banks hold over $1.5 trillion in consumer loans. Yet despite market size, building a profitable, scalable lending startup is challenging because it requires running a capital markets business in addition to running one’s core business. Take LendingClub…
Highest Contribution Entrepreneurship: 3 Questions Every CEO Should Ask
The keys to sustained success of every great company can be distilled down to three questions. Highest Contribution Strategy Question #1: Are we as a business working on our highest contribution strategic initiative? Amazon won the battle for the world’s biggest online book store before the company won the right to build Amazon Web Services….
Dropping Into Wonder Before Dropping Into Work
Lost in a Powerful Virtual Reality Headset Picture the scene: the pandemic is over and you find yourself at CES in Las Vegas. You enter the crowded floor and a shiny device in the center of the room immediately grabs your attention. It’s the most sophisticated virtual reality headset that has ever been invented. You…