Entrepreneur Plus - Short White
For Subscribers

Why Is It so Difficult to Turn an Idea Into a Business? Your Questions Answered.A look at those pivotal early days of launch.

ByLambeth Hochwald

This story appears in theOctober 2014issue of狗万官方.Subscribe »

Ask Scott D. Anthony, author of The First Mile: A Launch Manual for Getting Great Ideas Into the Market, and he'll tell you that the heady early days--when an innovation moves from idea to market--are the toughest time for any startup. As a managing partner in the Singapore office of Innosight, a strategy and innovation consulting firm, Anthony knows of what he speaks. His book delves into hard-won lessons from startups and global giants alike. He shared with us some of the hidden traps that snare entrepreneurs.

Why is the first mile the hardest?

The phrase "the first mile" is based on my observation that there are a lot of possibilities for failure the moment you go from a business plan to a reality. I wrote this book because there has been a lot written about the overall process of producing a deliverable, scalable model but not as much about zeroing in on that first step to launching.

Continue reading this article — and all of our other premium content with Entrepreneur+

Join the internet’s leading entrepreneur community! With your subscription you’ll get:

  • Unlimited access, including premium content
  • No ads
  • Subscription to狗万官方magazine
  • Four free e-books a year
  • Subscriber-only events with our experts

Editor's Pick

Related Topics

Business News

'Truly Unprecedented': If You Are Hoping to Score a Lionel Messi Soccer Jersey, You Are Going to Wait a Very Long Time

The soccer superstar's authentic Inter Miami jersey is sold out through October.

Business News

Netflix is Hiring an AI-Focused Role—and the Starting Salary is up to $900,000

The streaming giant is looking for a leader in its machine learning department.

Business News

Kevin O'Leary Slams Anheuser-Busch CEO's Listening Tour, Says It Won't Stop Bud Light Backlash for One Huge Reason

Anheuser-Busch U.S. CEO Brendan Whitworth announced plans to hear consumers out this summer.

Money & Finance

Want to Become a Millionaire? Follow Warren Buffett's 4 Rules.

企业家是不能过度指狗万官方望太多a company exit for their eventual 'win.' Do this instead.