Pete On Rails

My friend and colleague Theo Nguyen-Cao posted on his blog about considering graduate school. He inspired me to dig up some reflections on my B-School experience and my startup lifestyle.

I’ve learned a few things working on startups while going to B-School. Here’s just one:

Creation of value means more than selling more
Delivering value to shareholders is often cited as a business objective. Certainly that is a component of what value creation entails, but there’s more to it. There are elements of value creation that include building better products for customers, aligning organizational and social objectives, and reducing impacts to other parties.