article thumbnail

10 Popular Founder Misconceptions Limit Startup Ideas

Startup Professionals Musings

A classic study based on intensive research, “ The Myths of Creativity ,” by David Burkas tries to demystify the processes and forces that drive innovation. This myth arises from the fact that new ideas can sometimes seem to appear as a flash of insight. Other people falsely believe that once we have a new idea, the work is done.

Ideas 127
article thumbnail

7 Negative Reactions To New Ideas And How To Prevail

Startup Professionals Musings

In business, and in your personal life, the ability to anticipate and overcome criticism is one of the biggest differentiators between leaders, who make things happen, and followers, who may have great ideas but never seem to get things to go their way. The reality is that good ideas are always challenged, so you need to expect it.

Ideas 126
Insiders

Sign Up for our Newsletter

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

article thumbnail

6 Funding Resources For Ideas Needing More Validation

Startup Professionals Musings

Applied research is still primarily scientific study, seeking to solve practical problems, but doesn’t yet focus on a commercial product. Here your options are limited primarily to large organizations with deep pockets, including government grants , universities and large enterprise sponsors searching for disruptive technologies.

Resource 102
article thumbnail

7 Likely Criticisms Every Founder Needs To Anticipate

Startup Professionals Musings

In business, and in your personal life, the ability to anticipate and overcome criticism is one of the biggest differentiators between leaders, who make things happen, and followers, who may have great ideas but never seem to get things to go their way. The reality is that good ideas are always challenged, so you need to expect it.

Ideas 136
article thumbnail

How To Counter Criticism Of Your Million Dollar Idea

Startup Professionals Musings

In business, and in your personal life, the ability to anticipate and overcome criticism is one of the biggest differentiators between leaders, who make things happen, and followers, who may have great ideas but never seem to get things to go their way. A new idea is a step into the unknown, and always represents some risk.

Ideas 92
article thumbnail

9 Sources Of Inspiration To Make Your Idea A Winner

Startup Professionals Musings

Ideas are a dime a dozen, but the inspiration to drive a great business is a lot harder to find. As a mentor to many aspiring entrepreneurs, I often get asked for next sure-fire idea. I have to tell them that anyone can find ideas, but only you as a person can find the passion to transform one into a successful business.

Ideas 54
article thumbnail

6 Keys to Superior Thinking in Business Innovations

Startup Professionals Musings

As I work with aspiring entrepreneurs and business professionals, I often hear about stress and disappointment from a great idea or innovation that failed for reasons that you don’t understand. She is an expert on the study of innovation, and professor at Columbia Business School. Don’t just accept your first breakdown.