Kim Saxton / Special to IBJ

Roughly 27 years ago, about this time of year, we arrived in Indianapolis with our elementary-school-age daughters.

Forbes has ranked Indiana in the top two states for starting a business for the last few years. We have so many great resources to help people getting started.

While providing resources and reducing barriers to new startups is important, we should not ignore the needs of scale-up companies.

We will be electing a president every four years, but who knows how long your family will be with you?

Hoosiers might be familiar with the term “pivot” from basketball, where you keep one foot in place (the plant foot) and move the other foot around to shift direction or get leverage.

The reality is that the entrepreneurial journey is not even a process of solo creation but rather is one of co-creation.

What many people don’t realize is that the Titanic was the White Star Line’s solution to a hyper-competitive market—its own form of disruption.

Losing a key team member or a major customer, or having a product fail in the field, can lead to significant declines in revenue, customer trust and optimism.

The choice to vertically integrate comes down to four factors, including the source of competitive advantage and strategic goals, the risks of outsourcing, the importance of technical capabilities, and costs.

Regardless of the analogy, a startup team must incorporate diverse talents but with a common set of core values and a passion for the problem being solved and the solution.

Depending on the organization, intrapreneurs can be successful and find meaning by thinking differently and contributing to a larger whole.