What sparks paradigm-shifting innovation in any business? It's a special mix of entrepreneur and company, regular in every respect except for having the courage and foresight to make an idea happen that was supposed to be impossible.
In your business or your life, are you a competer or an innovator? No, "competers" is not a misprint. It's an original term for those who reflexively compete rather than seek to gain a strategic advantage through innovation.
Unlearning has become a popular concept recently. At first, I didn't pay a lot of attention to it, I tended to think it a clever play on words. But over time, I've started to grasp the importance of "unlearning."
Developing new strategies and new programs is exciting. The problem is committing to the execution of the programs. It's no longer about powerful ideas, but it's the tough work of making it happen.
As a history major, I understand the past is a great teacher. We learn from our experiences and they can serve as a solid base upon which to build. However, as they say, "If you keep doing the same things, you'll keep getting the same results." And in today's dynamic, rapidly changing marketplace, you've got to be willing to shake things up a bit.
Contrary to popular belief, competing with other individuals or companies is counterproductive. A better idea is to seek advantage.
There is no country in the world where the culture of entrepreneurship is more central to life for millions of people than the United States. Think of the greatest innovations of the past century, and beyond. How many of them came from the United States?
"I think there is a link from the late 60s all the way through to the amazing explosion of possibilities we have with social media today. Bill Gates was like 18 when he did the early version of Microsoft. And the changes in society made that more feasible, compared to the 50s."
Maybe all you entrepreneurs of the world have been too caught up in checking off your end-of-the-year to-do lists, or have been too busy burning the midnight oil every night in the office in preparation for Black Friday and Cyber Monday, but we are currently in the midst of National Entrepreneurship Week!
My grandfather delivered milk by horse and cart. Clopping hooves, the clink of bottles and the promise of daily delivered fresh milk is now but a faint memory. It was his life and business. Large supermarket chains have claimed his job.