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Showing posts with the label innovation

Executing Your Newly Incubated Business Idea

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Founders soon learn that customers only spend real money for solutions rather than ideas. Investors have also learned not to invest in ideas but only in entrepreneurs and teams who can deliver solutions. Success requires moving your passion quickly from the idea to the business implementation. A good execution requires a plan and the right people, combined to create operational excellence and exceptional customer value. Companies that do this best become market leaders. Google, for example, was not the first Internet search provider (think Yahoo!, AltaVista, InfoSeek and others), but according toInvestopedia, Google was the first to really monetize search. As a result, Google has become a verb, and the company is a tech giant with record growth rates and a revenue of $74.5 billion in 2015. But Google is not unique. Many other companies have followed a similar set of execution principles which I believe are required for business success, no matter how great the idea: 1. Tune the busines...

Building And Boosting Creativity In Your Business

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Increasingly, business success today goes to the entrepreneur who can come up with the most creative solutions to pressing problems. For example, Uber is one of the most creative solutions to one of the oldest problems—how to get from point A to point B. In my work as a coach, relatively few entrepreneurs come wanting to learn the new, established ways of doing things. They want to know how they can gain an edge by doing something nobody else is doing. And the best way to do that, of course, is to come up with an idea that nobody else has thought of. Promoted: Two heads are better than one. Let us help you develop creative and boost your business. Start with our FREE manual today.  Contact us But while best-practices and processes for many mission-critical functions are widely known, relatively few business leaders are well-versed in what it takes to foster creativity. Fortunately, there are a ways that entrepreneurs can make themselves and their companies more creative. Here are f...