To change the game, change the business model. But, what if you can’t find one? Well, HBR published an article on business models that has the following cheat sheet of 19 different business models that you can brainstorm and adapt to a new venture.
“Without order, nothing can exist. Without chaos, nothing can evolve”. Just found this is great talk by Greg Horowitt, Chief Evangelist and Co-Founder of T2 Venture Creation, about what it takes to create a culture of innovation. It’s about belief systems; both a mindset and heart-set. Therefore, what does it take to solve problems in […]
Radically better products don’t stand on the shoulder of giants, but on the shoulders of lots of iterations. The basis for success then, and for continual product excellence, is speed. – Eric Schmidt Indeed. Scrappy startups are known for acting with speed and conviction, while established organizations are slow and risk averse. When implemented well, […]
“After this, the world will never be the same…” Those are the words a true innovator should say with complete conviction about their product or service because a world-changing outcome is what she/he sees in the future. Unfortunately, this isn’t the case on most occasions. Most entrepreneurs I know aim to make money by taking […]
A recent article in Fast Company touched on the topic of CIOs (Chief Innovation Officer) and how they’ve become more ubiquitous inside large organizations. This is an enterprise innovation tactic years in the making. But, do they actually mean anything? My take is that in the CEOs call for innovation, there is also a jump […]
There are various reasons why established businesses fail at innovation, but one stands above all: CEOs don’t really want a new business model. True innovation, not the incremental type, brings forth new approaches and business models. If you are an upstart, that means you are probably creating a new business model. For an established company, […]
Happy New Year! Last week I vacationed in Mexico City, where I ringed in the new year. It’s the first time I’ve spent considerable time there, it’s a huge city and covering it in a week is impossible. Good thing they have sightseeing buses, or turibus as they’re known there, that take you on different […]