Category Archives: entrepreneurship

How to Practice The Art of The Possible

everything is possible

Illustration by Christian Laborin

Innovative leaders and organizations practice the art of the possible.

What is the key trait all innovators have? Curiosity, which enables them look beyond the obvious and consider possibilities.

Innovation is about new, surprising and better options. You don’t get to see these better options in your mind’s eye without having a positive outlook, yet not every vision survives contact with reality; ideas need to be challenged.

Some people either love or hate the last part.

Are Millennials Not Ambitious Enough?

millennials need more courage

Illustration by Christian Laborin

Technology and millennials get a bad rap. But, whether or not people believe it to be true, rather than being a tool that eliminates jobs and disrupts people’s livelihoods, technology is a tool for progress. But have we millennials, the generation that is often stereotyped as leading the tech revolution, become complacent? Are we doing more than enough?

Tyler Cowen, a top economist says Americans are not nearly as ambitious or innovative as they think on his new book The Complacent Class.

Companies Don’t Innovate, Markets Do

companies don't innovate markets do

Illustration by Christian Laborin

One of the reasons big companies can’t innovate is they grow inert and can’t match the dynamism of the market. Markets are dynamic, companies are not. It’s very hard for companies to match the velocity, variance and selection of markets. As a business leader, a good question to ask yourself is: Are we changing as fast as the world is changing?

The most common answer is no.

Inspiration Comes from Anywhere

Inspiration Comes from Anywhere

Illustration by Christian Laborin

A common innovation challenge inside established organizations is the Not Invented Here syndrome, where you block ideas that come from outside the four walls of your organization; denying yourself of inspiration and a fresh perspective.

So, as a business leader, how do you overcome this challenge and jump-start innovation in your business? You take to heart and practice the principle of “ideas come from anywhere”, not just the people inside the organization.

Obsession: The Difference Between Good and Great

Obsession beats talent

Illustration by Christian Laborin

Survival in the 21st century demands a ceaseless obsession with your customers and with the possibilities that new technologies can offer them. When hiring or collaborating, we want to work with the most talented people. But have you ever thought about the most obsessive? Unlike naturally talented people, the most obsessive will challenge you and make you better.

How Startups Slay Giants

Killing giants

Illustration credit Christian Laborin

Slaying giants is fun, almost every new disruptive company slays a giant or two. Last week I had a chat with a team based in Puebla Mexico working on a cool augmented reality application for museums. They asked for my thoughts on their app and business model, I happily answered their questions. One of those questions comes up every time I talk with startups: How do you protect yourself from giants who might copy your idea?

Strategic Thinking 101: Strategy Is The Answer to These 5 Questions

5 Key questions to ask to create a winning strategy

The President and CEO for Ford Motor Company, Mark Fields, had a conference where he spoke about Ford entering the self-driving car race in 2021 hoping to establish Ford as a leader in this field.

Of course, self-driving is the next car revolution so it’s not surprising to hear Ford is entering the space.

What’s interesting is how he explained Ford’s decision making process and the way they operate. In order to make any investment they go through 3 simple questions: