Remove conventional-wisdom
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Making Revenue Sharing And Cost Savings Deals Work – Sharing Means Caring

InfoChachkie

Leverage the purple dinosaur’s wisdom and seek business partnerships which are based upon sharing the results, as opposed to deals in which one party trades their money for promises. Establishing mutually agreed upon and readily measurable metrics up-front are essential to creating viable sharing relationships. from the Wharton School.

Resource 154
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Know When To Declare Defeat And Toss Out A Bad Idea – Do Not Be Afraid To Say, “That Baby Be Ugly!”

InfoChachkie

Startups consistently identify more ideas and opportunities than they have the time or resources to pursue, such as potential partnerships, new products, entering emerging markets, etc. In the early 1960s, conventional wisdom in the music industry did not lend itself to a systematic manner of evaluating creative content.

Ideas 187