Prøve GULL - Gratis
Why Common Sense Is Not So Common Among Founders
Entrepreneur magazine
|March 2021
Some years ago, two college kids posted online photos of themselves smoking weed in their dorm room. The next day, when they realized what they’d done, one of the guys observed, “I wish we could retract those photos.”
The result was Snapchat, a $50-billion company. Their pain, amplified by empathy, shaped the Snapchat concept. I’d suggest that nearly every startup has one thing in common. They’re born on empathy, stemming from the founder’s solution to his or her frustrations, dreams, fears, and wishes.
Empathy is the ability to place oneself in the customer’s shoes. Or, to state it another way: to treat consumers and fellow employees as you would want to be treated. When empathy takes off, you’ll witness a small army of true believers join forces and march day-and-night until they’ve broken through their organisation’s red tape and ‘we’ve always done it that way’ mindset.
Lack of empathy paralyses the giants of every industry – yet in a David and Goliath scenario, a relatively small number of empathetic strivers can do wonders to reinvigorate an unstoppable, powerful entrepreneurial spirit, admired by every corporation out there.
SO HOW COME, IF THE ENTREPRENEURIAL SPIRIT IS SO DESIRED, IT ALMOST ALWAYS DISAPPEARS?
I’ve studied and worked with hundreds of companies around the world, from Googles and LEGOs to tiny over-night wonder start-ups like Hitwise.com and YellowPages.com, to promising start-ups that never really took off. I’ve observed what happens as companies grow and how that entrepreneurial spirit gets lost in translation. In almost every case, the answer boils down to three simple words:
LOSS OF EMPATHY.
Denne historien er fra March 2021-utgaven av Entrepreneur magazine.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Entrepreneur magazine
Entrepreneur magazine
The Captain of Commerce
Arun Poddar, CEO and Executive Director of Choice International Limited started playing cricket passionately in his childhood, and the passion for the sport evolved into a serious pursuit during my school and college days. Even today, amidst the hustles of modern corporate life, the game remains a source of inspiration for him. In this tête-à-tête with Entrepreneur, he shares why it always reminds him about teamwork, strategy, and resilience.
1 mins
December 2025
Entrepreneur magazine
Everyone Blindly Chases Success. This Is What Really Keeps You Steady
A strong, intentionally protected personal foundation, not career success, is what keeps leaders grounded, steady and able to grow.
4 mins
December 2025
Entrepreneur magazine
AI Ushers In A New Era for Mythological Storytelling
Stories of India - the Ramayana, Mahabharata, and Upanishads, among others - have always captured our imagination, whether one viewed them as mythology, folklore, or history.
4 mins
December 2025
Entrepreneur magazine
From Sanctions to Sales Pitches:
How Kabul Is Trying to Rewire Its Economy Through India
5 mins
December 2025
Entrepreneur magazine
Context Engineering
AS SYSTEMS GO LIVE, A QUIETER REALIZATION IS SPREADING: LASTING ADVANTAGE WILL COME LESS FROM THE MODEL AND FAR MORE FROM THE CONTEXT WRAPPED AROUND IT.
2 mins
December 2025
Entrepreneur magazine
The He-Man Is Gone
Remembering the Everlasting Charm of Dharmendra
2 mins
December 2025
Entrepreneur magazine
How Smart Founders Know When to Pivot or Shut Down Their Startup
A simple process for founders to make smarter, less emotional decisions with their startups.
3 mins
December 2025
Entrepreneur magazine
The 3 Imperatives to Unlock India's AI-Powered Future
WE NEED TO STOP THINKING OF Al AS A TOOL AND START TREATING IT AS AN ECONOMY. AND TO MAKE THIS HAPPEN, WE DON’T NEED CORPORATE STRATEGIES, WE NEED INDUSTRY IMPERATIVES.
2 mins
December 2025
Entrepreneur magazine
4 Essential Tips to Help Gen Z Grads Navigate Today's Tough Job Market
Traditional application methods aren't enough. Success now depends on upskilling, strategic networking and being referral-ready.
2 mins
December 2025
Entrepreneur magazine
Is Matcha a D2C Opportunity or Another Passing Trend?
Despite short-term dips, matcha's long-term upward curve is supported by three strong demand drivers: health consciousness, wellness positioning, and premiumization
3 mins
December 2025
Translate
Change font size

