Radical Innovation:

Venture Management

The Five Critical Success Factors for New Ventures

Rules for Start-Ups and In-Company Ventures

1. A focus on the market

2. Financial foresight, especially in planning for cashflow and capital needs ahead

3. Building a top management team long before the new venture actually needs one and long before it can actually afford one

4. A decision by the founding entrepreneur in respect of his or her own  role, area of work, and relationship

5. For in-company ventures in an established business, insulating the new venture from the main business

10 Commandments of Innovation 8 Key Entrepreneurial Questions Venture Financing Funnel