I was recently reminded of a founder I coached about 7 years ago. Back then he had developed a climate change solution which eventually failed for various reasons; I wasn’t all surprised when his venture failed. I remembered him while on a recent trip in Cozumel Mexico, where I saw a solution that mimicked his being implemented.
Tag Archives: Innovation
The Ultimate Guide For Category Differentiation: The 8 Category Levers
Most businesses exist in the trap of better, which is a race to commoditization; more of the same. There are no shortage of books, blog posts and articles on how to differentiate a business. There really isn’t a surefire guide on how to achieve game-changing differentiation, but there are principles. How can you differentiate your business?
In the end no one’s original
in Innovation
The New York Times has an interesting article on fashion retailer giant Zara. How do you evade the law? You move fast.
Inditex denies that it copies other designers. Yet in The New York Times last March, Alexandra Jacobs described a visit to the new Zara store on Fifth Avenue in New York, where she was reminded of Prada, Alexander Wang, Balmain and many other high-end brands. Christian Louboutin took Inditex to court for selling the company’s signature red-soled shoes but lost, mainly because Inditex takes care to change its designs just enough to evade copyright laws.
Copyright is a type of intellectual property that applies to creative work. It is a legal right that gives exclusive rights to the creator of an original work to use and distribute it. It has to be revised from time to time. The issue with copyright is that it only safeguards the expression of ideas by the creator and not the underlying idea. Works of literature, music or art (barring Photographs) are granted the protection of copyright for a period which spans the creator’s life and 60 years from the year of the author’s demise. Businesses of every type — from e-commerce companies to software, to life science ventures, to production and publishing businesses — have their own histories that come from their founders’ visions and dispositions, historical and geographical factors, market structures and the like. However, despite all the varying points of origin, companies end up having a lot in common. This may be particularly true in case of publishing companies. To learn more here is a guide on start a copywriting business.
Copyright issues include Copyright infringement. Copyright infringement is using works protected by copyright law without prior permission, breaching certain exclusive rights granted to the copyright holder, such as the right to reproduce, distribute, display or perform the protected work. With the internet era going on, anything you take off the web is copyrighted.
7 Questions That Every Entrepreneur Must Answer To Create a Game-Changing Business
Peter Thiel, co-founder of PayPal, Palantir Technologies, and Founders Fund wrote the book “Zero to One” a few years ago. It’s a book about entrepreneurship, innovation and competition. It’s a good book if you want your thinking challenged, specifically in his views about competition; which is simple: escape competition by aiming to be 1 of 1.
Failing 15% of The Time is Optimal For Learning
Learning is fun for me. I went to a Montessori school in preschool, and it shaped my life because I was taught to learn through play. I still approach every new topic as play and don’t understand doing something any other way; and ever since I’ve had an obsession with learning in general.
3 Lessons On Customer Obsession From DoorDash
Customer obsession is thrown around as if every business does it. Truthfully, most businesses are profit obsessed; not customer obsessed. So what does customer obsession look like? A business that says they’re customer obsessed is one that sees their customers as their North Star; they start from them and work backwards.
Managers, There Are 3 Types of Failure. And Only One You Should Praise To Drive Innovation
The organizations that no longer exist are the ones that failed because they missed the future. Why did they miss the future? Because they were late to the party or got disrupted by an upstart. They never led, thus got disrupted. Ironically , organizations that fail operate with a fear of failure. Internally, it’s this mindset that kills any chance at disrupting themselves!