Perhaps it is professional burnout, but lately I’ve been getting extremely tired of all the stupid things people say about innovation. Especially stupid positive things. A great deal of the stupidity in the conversation about innovation is driven by the desperate urge to be original for the sake of being original. There is a pervasive, unexamined assumption that originality is always a good thing.
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The topic of honesty and ethics may seem trite. Most new entrants to entrepreneurism don’t give it a thought in their business development process because at the moment it is not a functional component. It is not a visible aspect of the company that has to be created in order to begin business.
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"A" students let their drive for perfection get in the way. My mom used to always say, "Bo, you could go to Harvard or to the local community college; no matter what, you'll always get a B." Mom was right. B-students don't know everything about anything and are excellent at nothing. B-students do, however, know something about a lot of things, and they can complete almost any task with some...
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Google, Pixar, Twitter. All of them started as side projects or experiments which only later turned into big ideas. In a world of lean startups, the mantra is to get a product out there in the hands of consumers and keep making changes until something clicks. It is called, appropriately enough, Little Bets: How Breakthrough Ideas Emerge from Small Discoveries, and it is just hitting Amazon and th
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The Costly Myths That Entrepreneurs, Investors, and Policy Makers Live By. There are far more entrepreneurs than most people realize. But the failure rate of new businesses is disappointingly high, and the economic impact of most of them disappointingly low, suggesting that enthusiastic would-be entrepreneurs and their investors all too often operate under a false set of assumptions.
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There is a fallacy rooted in the minds of many who wish to become rich — the fallacy of the great idea. Having a great idea is not enough. It is the manner in which ideas are executed that counts. Implementation will always trump ideas, however good those ideas are.
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While entrepreneurs are out there busting their humps, making something cheaper, expanding its usage, increasing productivity, fending off fierce competition, and hoping to turn a profit along the way, there are those who, through the stroke of a pen, make a killing doing absolutely nothing of value. These "political entrepreneurs" leverage their political power to own something and then...
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Last week I had the good fortune of meeting and speaking with Geoffrey Moore, author of the widely acclaimed books Crossing the Chasm and Inside the Tornado. If you haven’t heard of him before, Geoff writes and speaks about the technology adoption lifecycle and the marketing and business strategies for successfully navigating this lifecycle.
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Big ideas from Marty Cagan’s “Inspired” that helped me feel more confident on how to proceed with my business. This is a book that I suspect I will coming back to time and time again… it’s convenient, too, because the book is organized into 41 discrete chapters.
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I should be clear about something–I don’t really hate all business books, and there are some that can be hugely beneficial for the majority of people to read. That being said, most business books, at least for entrepreneurs, are a colossal waste of time. I know a few people (and some founders) who swear by books like Good to Great. I have a lot of respect for some of these people, and they’ve...
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