I had to pay attention when Schumpeter in the latest Economist called the television series "Breaking Bad" - "... one of the best studies available of the dynamics of modern business."
Using "Breaking Bad", Schumpeter highlights why successful entrepreneurs are able to turn insights, ideas, way of looking at the world in a contrarian way, into businesses:
- Huge ambition.
- Product obsession.
- Partnerships and alliances.
So, what is the draw back: Hubris - "An impressive volume of social-science studies suggests that leaders are more willing to break the rules than followers. There is no shortage of corporate examples, from Enron to Olympus, to illustrate this." Fortunately, or unfortunately, this is human nature, and it will not change. Of course, exceptions are there to prove the rule.
Enjoy the complete article here.