Chapter from: "Spinout Ventures"
Published by:
Business Expert Press
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Abstract
This chapter is excerpted from 'Spinout Ventures'. For many aspiring entrepreneurs, the path to entrepreneurship begins within the walls of established corporations. This book is about spinouts - independent businesses established by former employees - and is specifically designed for employees and executives in the private sector. It caters to those who are either personally exploring entrepreneurial ambitions or dealing with them in their organizations. Whether you're considering launching your own business or managing employees with a desire for entrepreneurship within your organization, this is your essential guide to the journey from employment to entrepreneurship. Delve into the choices that employee entrepreneurs make and the consequences they face. If you work in or run an organization, gain insights into the processes and critical decision-making moments through real-life spinout stories like Chevrolet, Apple, Zoom, Zillow, Intel, and Electronic Arts. Spinouts have a distinct advantage, which comes from what they inherit from their parent firms. Their advantage hinges on what they absorb or carry forward from their parent firms. While some parent companies actively support and cultivate their spinouts, leveraging them to bolster their reputation, others adopt a more defensive approach. Learn from parent firm cases like Fairchild, Palantir, AstraZeneca, Nokia, and Paypal. Explore the controversial yet often successful path of spinout ventures!
About
Abstract
This chapter is excerpted from 'Spinout Ventures'. For many aspiring entrepreneurs, the path to entrepreneurship begins within the walls of established corporations. This book is about spinouts - independent businesses established by former employees - and is specifically designed for employees and executives in the private sector. It caters to those who are either personally exploring entrepreneurial ambitions or dealing with them in their organizations. Whether you're considering launching your own business or managing employees with a desire for entrepreneurship within your organization, this is your essential guide to the journey from employment to entrepreneurship. Delve into the choices that employee entrepreneurs make and the consequences they face. If you work in or run an organization, gain insights into the processes and critical decision-making moments through real-life spinout stories like Chevrolet, Apple, Zoom, Zillow, Intel, and Electronic Arts. Spinouts have a distinct advantage, which comes from what they inherit from their parent firms. Their advantage hinges on what they absorb or carry forward from their parent firms. While some parent companies actively support and cultivate their spinouts, leveraging them to bolster their reputation, others adopt a more defensive approach. Learn from parent firm cases like Fairchild, Palantir, AstraZeneca, Nokia, and Paypal. Explore the controversial yet often successful path of spinout ventures!