Effectual Entrepreneurship, Third Edition
Practically Speaking
A Window Into Precision Dumplings
Dumplings, a ubiquitous food, were the focus of innovation for this entrepreneur, who built an international chain of restaurants.
Entrepreneur: Yang Bing-Yi
Entity: Din Tai Fung
Country: Taiwan
Pages 178-179 in
Chapter 11 Transforming Means Into Something Valuable (174-191)
"It seems that virtually all cuisines feature dumplings (small pockets of dough filled with vegetables, meat, or fruit), which truly makes them a universal food. So, you might think that something so ubiquitous hardly has the potential of turning readily available means (a struggling shopfront on a busy street, hungry shop customers, and a keen interest in learning) into innovation and entrepreneurial success.
Think again. Yang Bing-Yi certainly put some thought into humble dumplings, innovated, and built an international chain of dumpling restaurants called Din Tai Fung."
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Video Resources
References & Links
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- Taylor, K. (2017, December 13). From Brooklyn to Billionaire: The Story of How Howard Schultz Transformed Starbucks Into an $84 Billion Business. Inc. https://www.inc.com/business-insider/howard-schultz-chairman-former-ceo-starbucks-successful-billionaire-coffee.html
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