Remove Competition Remove Patents Remove Social Network Remove Technology
article thumbnail

10 Keys To Real Innovation In Your Next New Business

Startup Professionals Musings

The most common proposals I hear are for yet another social networking site ( 200 on Wikipedia ), or another dating site/app ( over 1500 in the USA ). Innovative technologies have no value until they are turned into solutions to real customer problems. Sustainable innovation is really the only sustainable competitive advantage.

Coach 137
article thumbnail

10 Steps To A New Venture That Can Change The World

Startup Professionals Musings

The most common proposals I hear are for yet another social networking site ( 200 on Wikipedia ), or another dating site/app ( over 1500 in the USA ). Innovative technologies have no value until they are turned into solutions to real customer problems. Sustainable innovation is really the only sustainable competitive advantage.

Coach 144
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

8 Attributes Of Entrepreneurs Who Transform Society

Startup Professionals Musings

Every entrepreneur has an idea for transforming a market with innovative new technology, or transforming society with a new process. According to an MIT study a while back, only about 10% of patents granted in the United States have any meaningful commercial importance and less than one percent are of seminal importance.

article thumbnail

8 Inspirational Insights For Those Chasing Your Dream

Startup Professionals Musings

Every entrepreneur has an idea for transforming a market with innovative new technology, or transforming society with a new process. According to an MIT study a while back, only about 10% of patents granted in the United States have any meaningful commercial importance and less than one percent are of seminal importance.

Startup 171
article thumbnail

8 Guiding Principles For Pursuing A Winning Venture

Startup Professionals Musings

Every entrepreneur has an idea for transforming a market with innovative new technology, or transforming society with a new process. According to an MIT study a while back, only about 10% of patents granted in the United States have any meaningful commercial importance and less than one percent are of seminal importance.

Guide 95
article thumbnail

How Great Entrepreneurs Spell Continuous Innovation

Startup Professionals Musings

The most common proposals I hear are for yet another social networking site ( over 200 active ), or another dating site (now over 2500 in the US alone). Innovative technologies have no value until they are turned into solutions to real customer problems. Your people are the key to innovation, more so than a new technology.

article thumbnail

10 Keys To Delivering Innovation As An Entrepreneur

Startup Professionals Musings

The most common proposals I hear are for yet another social networking site ( over 200 exist ), or another dating site (over 2500 in the US alone). Innovative technologies have no value until they are turned into solutions to real customer problems. Sustainable innovation is really the only sustainable competitive advantage.