The aspects of entrepreneurship he identified as particularly important to creating sustainable digital projects are listed below. I think as one moves through the list, the elements become increasingly relevant and important for stores to consider and internalize in their own terms and context. Here is the list, explanations and insight are added in the full piece.
#1 Grants are for start-up, not sustainability.The full piece is perhaps 1-2 pages in length and is worth the read.
#2 Cost recovery is not sufficient: growth is necessary
#3 Value is determined by impact.
#4 Projects should think in terms of building scale through partnerships, collaborations, mergers and even acquisitions.
#5 In a competitive world, strategic planning is imperative. (my personal favorite)
#6 Flexibility, mimbleness, and responsiveness are key.
#7 Dedicated and fully accountable leadership is essential