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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. He was primarily motivated by the educational potential of his invention, not the wealth it might generate.

Ideas 221
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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. Most of you could suggest one more, but not many. The ultimate compliment that any entrepreneur can get is that they can “see around corners.” Practice learning as an action sport.

Marketing 157
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Past Is Prologue: 13 Startup Lessons From How We Got To Now

InfoChachkie

In 1862, Charles Darwin predicted that an insect with an extraordinary tongue must exist by observing an orchid which stores its nectar at bottom of long stem. morganii praedicta, a moth with a freakishly long tongue which fed on the orchid’s pollen. Successful entrepreneurs make similarly educated guesses.

Examples 100
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Why We’re Looking to Fund Stuff With More Meaning

Both Sides of the Table

If you’re funding the same stuff as everybody else and if you started your activities when the clues were obvious you’re much less likely to drive enormous returns. When Fred Wilson funded Twitter I guarantee you it wasn’t obvious that it was a billion dollar idea. Online education. Far from it.

Funding 362
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Who’s In Your Club For Your Mutual Improvement?

InfoChachkie

You’re The Average Of The Five People You Spend The Most Time With” Jim Rohn, Motivational Speaker. He describes his Junto Club in his biography, as follows: “…I had form’d most of my ingenious acquaintance into a club of mutual improvement, which we called the Junto; we met on Friday evenings.

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Six Artificial Barriers to Startup Innovation

Startup Professionals Musings

Roy McAlister, who has been a prolific inventor for thirty years, and a recognized authority on the use of hydrogen as the ‘fuel’ of the 21 st century. While he still remains upbeat, I can sense the frustration that comes from years of facing barriers to innovation. The result is minimal innovation. Risk avoidance.

Startup 90
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The Necessity of Innovation

Xconomy

Innovation is at the heart of wealth creation. Innovation is at the heart of job creation. Innovation is at the heart of building better lives for everyone. And innovation can be increased by conscious support. A lot of people don’t think innovation is important. People may need to learn new skills.