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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.

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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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8 Ways New Venture Founders Create Whole New Markets

Startup Professionals Musings

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. Most of you could suggest one more, but not many. Not afraid to kill the cash cow.

Marketing 157
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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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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.

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7 Ways Of Using An Immigrant Culture In Your Business

Startup Professionals Musings

All of these seem to display a common set of traits, which I believe should be high on the priority list of every entrepreneur and business professional: Use multi-cultural insights and unique experiences. I find that most new business innovations are ideas from one discipline or culture, applied to another.

Startup 146