Innovation

Does Transparency Hurt Business?

I believe people want to know that those they respect and esteem are normal folks, just like they are. They want to know about their failures, their foibles, their unusual beliefs and interests.

Basic Steps to Protect Your Invention

Once you’ve come up with a great idea for a product or service, it’s important to find ways to protect your invention. Not only do you want to make sure people know that it was you who invented the product, but you also want to prevent anyone else from copying your idea and profiting off of your ingenuity, cutting you out of the fruits of your labor.

32 Ways to Grow a Business

While there are only four primary strategies for growing a business, there are literally dozens of different techniques you can use to implement these four strategies.

9 Habits That Work for Trump and Branson & Can Work for You

There are entrepreneurs, and there are successful entrepreneurs. If you want to be in the second group, there are certain habits and practices you’ll want to begin incorporating right now.

6 Acts to Keep the Focus on Urgency vs. Emergency

In business and startups, a “sense of urgency” is a good thing. Yet many entrepreneurs confuse this with a “sense of emergency,” which insidiously saps the life from their business.

For Big Companies, Change is Hard and Slow

One of the most important things any business needs to do in order to survive in the long term is reinvent itself. Every day, you have to be open and willing to change, never letting yourself get locked into a single way of doing things.

Crowdsource Your Business: Iceland’s Doing It!

Crowdsourcing is to operational problem solving what cloud computing is to computational resources and memory. With one difference: crowdsourcing is in the real world, while “the cloud” is in the virtual.

8 Keys to Entrepreneurs Who Can Make New Markets

The ultimate compliment that any entrepreneur can get is that they can “see around corners.” This is a statement that they are willing and able (and successful) at projecting market and technology turns, not just straight-line innovations. They have the courage to make bold decisions, often contrary to conventional market research.

Acculturation and Brand Values

When I discuss branding with companies, one key element in our discussions are the company brand values. It is commonly understood and agreed that without them the company would cease to exist. They are the foundation of the company.

Dealing with Failure

In business, you have to constantly try new things, because most of the things you try won’t work. It doesn’t mean they weren’t worth the attempt; it just means that the small business world is impossible to predict. Because none of us know beforehand what will work, we have to try many things that fail in order to reach success.

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