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Integrity should come first

Stanford made headlines this past week, gaining notoriety for careless data management and misrepresenting its financial aid program. The data security issue features prominently in the University’s official response. But the greater failure is one of integrity. The leadership at Stanford Graduate School of Business was caught lying about its commitment to “need-based” financial aid, which…

Food for thought (part 2 of 2)

Contrary to other areas of entrepreneurship, having first-mover advantage is not actually that important. Gosselin explained that a company with more capital and experience with the distribution channels could easily replicate a promising startup product before the new company even has a chance to become successful. Instead, all three panelists emphasized the importance of developing a unique and genuine brand.