New research published in Academy of Management Discoveries found that 50% of people report having had at least one epiphany in their lives. Some experience more.
Researchers found how long an entrepreneur displays the highest level of excitement during a pitch also plays a major role in predicting success in receiving funding.
Entrepreneurs aren’t short on ideas for exciting new products or companies, but they are often short-sighted when it comes to finding ways to fund and build those projects.
The term “mission drift” has a bad connotation: It is often used to describe a confusing or inauthentic shift from a firm’s initial focus, or to accuse a company of diverging from its core values.