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Inventor Or Innovator – Which Are You?

InfoChachkie

Philo Farnsworth created a technology which underlies one of the 20 th Century’s most ubiquitous products, yet he died a man of modest means and is relatively unknown today. Philo was an inventor, not an innovator. Numerous innovators capitalized upon them as well, creating dozens of multi-billion-dollar enterprises.

Ideas 221
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Could you be the next Ford, Jobs or Musk?

Berkonomics

Note that none of these three famous innovators were inventors like Thomas Edison, but visionaries who see a new marketplace or niche or how to reach the mass market in ways not previously attempted. Innovation does not always equal invention. And innovation is what creates value. My experience describing innovation.

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Could you be the next Ford, Jobs or Musk?

Berkonomics

Note that none of these three famous innovators were inventors like Thomas Edison, but visionaries who find a new marketplace or niche – or how to reach the mass market in new ways. Innovation is valued by our society, by investors and certainly by consumers. Well, it’s a fair question.

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7 Keys To Transforming Your Invention Into A Business

Startup Professionals Musings

Do you have an invention that you believe is worth a million dollars? In fact, it could be worth much more than that, if you are able to use it to kickstart a successful business. Unfortunately, many inventors I know are stuck at this stage, being great technologists, but not so great as entrepreneurs. billion net worth.

Customer 136
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9 Strategies For Implementing An Innovative Business

Startup Professionals Musings

Whether you are a business professional in a big company, or an entrepreneur with a startup, innovation is a key strategy. Many people believe that new ideas are the critical element of innovation, but in my experience as a mentor and investor, long-term business success is more about implementation than ideas.

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How To Incent Your Team To Find More Innovative Ideas

Startup Professionals Musings

Most entrepreneurs I know are individually very innovative, but a successful startup can’t be a one-man show (for long). That means they need to build an innovative team, which is not a skill that most people are born with. Innovation is not all about coming up with new ideas. Develop the best solution. Implement plans.

Ideas 123
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What Would it Look Like if Elon Musk Pitched a VC Today?

Both Sides of the Table

I’m sure you know, but Elon was the co-founder (and largest shareholder) of PayPal, the most important payment transfer technology of its era and still the most instrumental to date. I hope you’ll consider clicking that link and making even a small KickStarter contribution to support arts & innovation.