Derek Lidow, Author , Building on Bedrock: What Sam Walton, Walt Disney and Other Great Self-Made Entrepreneurs Can Teach Us About Building Valuable Companies

At crucial decision points for growing a business, leaders often find themselves in the position of fledgling entrepreneurs. They may have been tasked with launching a new business, entering a new market where past experience doesn’t apply, running a recent acquisition, or finding ways to revitalize an ailing product line. They may even have been encouraged to be entrepreneurial by the boss or the board. In those cases and others they can get ahead of the game by doing three things: