May 032013
 
Deciding What to Patent Based on Expected Value

All businesses and creative individuals share a problem. It is a good problem, but still a problem. The problem is simply that they generate far more exciting ideas than they can ever patent or pursue. As a result, many great ideas languish and are forgotten. We can’t pursue all of our ideas because our time is limited. There just aren’t enough hours in the week Read More »

May 012013
 
Crafting Innovation Strategy As A Business Leader

The value of crafting innovation strategy as a business leader to guide organizations throughout unpredictable times in unchartered zones might not be overemphasized and the existing crisis proves it. Employees look at the leader as the role of magnate as here see is essential in method development as well as execution in order to stay competitive in this fierce environment. While one of the major Read More »

Apr 292013
 
Synching the Conceptual With Reality

Most entrepreneurs have a vision -a conceptual plan that sets the stage for a business implementation. This conceptual component is crucial to the business’ development and growth. There must be an alignment of concept and reality for success. When there is a conflict between the two, necessary adjustments must be made because a business must survive in both parallels. Conflicting accounts will threaten the success Read More »

Apr 262013
 
10 Good Reasons Not to Trust Your Brain

The human brain is a marvelous tool. However, it was designed for a very different world than we currently live in. As a result, it retains many design flaws that do not serve us well, especially in today’s business world where new ways of thinking and ongoing innovation are essential for success. Perhaps the most damaging flaw is the brain’s tendency to think it’s right. Read More »

Apr 242013
 
Build a Virtual Startup Team

Conserve Cash by Hiring Nobody Don’t let naysayers or problems hold you back. Maintain your passion and clear your head. You can start your business if you focus on your offer, not building an empire. Cash flow is precious when you start a business. Hiring staff can be costly: there’s salaries and payroll costs, but you’ll also be concerned about paying staff regularly when you Read More »

Apr 222013
 
Expertise Is a Handicap! 5 Tips to Move From Expert to Entrepreneur

In our Entrepreneur classes, I often hear new members rattle on about their expertise. For many experienced professionals, it is hard to realize that their professional status carries less effect in the ‘real world’. They don’t realize that having professional qualifications and degrees does not really position them to be successful in entrepreneurial ventures. Indeed, it is likely that having expert degrees has no effect, Read More »

Apr 192013
 
10 Steps to a Funding Strategy That Works

I had been dreading to make the call for almost a week. I knew I needed to do it, but just didn’t have the courage. For seven years I worked my ass off in my company, raised over $1MM and grew my green retail stores into probably the largest in the country at that time. We had become an international sensation with media from all Read More »