Considered the most dynamic young conductor in classical music since Bernstein, 28-year-old Gustavo Dudamel begins his tenure as Music Director of the Los Angeles Philharmonic in fall 2009. In this program, learn more about Dudamel, the LA Philharmonic, composer John Adams, and see a movement fr...
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According to Adams, the biggest competitor of a start-up is a large established company. Their size alone is enough to destroy a young company, says Adams, but large companies are at a disadvantage because they’re slow to act and avoid risk at all cost.
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Adams talks about testing the viability of a new technology with potential customers. He recommends entrepreneurs conduct polls and surveys to determine whether there is demand for the technology in the market. Never commit to a large development effort without prototyping the technology first an...
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Failure is a good thing, says AuctionDrop’s Randy Adams, as it can be a much needed catalyst to make the budding business person strong, humble, and innovative. Think of it as a reset, he says, and something to make one re-evaluate and reset a current course of action. And furthermore, he advise...
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Adams talks about how the creation of a plan with a logical set of steps is essential to creating a successful business. Within this plan are attainable milestones and the knowledge that as a small company, flexibility is still an option.
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Randy Adams, founder of AuctionDrop, talks about his background, including growing up in Maine, attending MIT, and his realization of his love of creating companies.
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Adams advises that new entrepreneurs ask themselves, what’s the worse that can happen? and prepare for it. Hope for the best, but become comfortable with the possibility of failure, he says.
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Adams answers the question: Will someone with experience and credentials have a better chance of securing a venture finance deal than someone who is new and inexperienced? He believes that a good idea will always prevail. Other factors are important to consider, including team, but the right ide...
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