Browsing Tag
Innovation
201 posts
10 Tips for Landing a Product Licensing Deal
When you’ve got a great idea for a product, there’s an important decision to make right up front: Do you want to build a brand new company from the ground up in order to commercialize the product, or do you sign a product licensing deal with a preexisting company that already has the resources in...
Why You Should Start a Business to Solve a Common Problem
Silicon Valley is known for its revolutionary ideas, grandiose statements and ability to challenge the status quo. By now, we’re all familiar with the classic persona of the Bay Area-located, hoodie-wearing techie, who tells their team to “move fast and break things” in order to “disrupt” entire industries. However, what those promising to change the...
40 Tips for Millennial Entrepreneurs to Improve Their Leadership Skills
Millennials are making waves. As a generation, they are redefining what a successful career is, with a focus on flexible and fulfilling work, and millennials are not afraid to make financial sacrifices in order to stay true to these values. With this in mind, combined with the fact that many millennial men and women are...
How AR and AI are Driving Innovation Amid Social Distancing
AR and AI tools are a goldmine for retailers that can gather customer data to improve marketing, product development and personalization. Read how AR and AI work together to drive trendy new innovations like touchless makeup trials that make distance shopping easier. Theresa Novicky knows makeup. Based in Raleigh, North Carolina, Novicky, a beautician, loves...
8 Steps for the Perfect Product Launch
You’ve created the killer product that will change the world. Now you need people to buy it. Top entrepreneurs and members of The Oracles share their tried-and-tested ways to build buzz so people buy from you and passionately spread the word for mega profits. StartupNation exclusive discounts and savings on Dell products and accessories: Learn more here...
7 Tips for Founders to Move From Early Market to Mainstream
If you're a company's founder in an early market, you know how hard it can be to cross the chasm between early adopters and mainstream customers. Early markets are by no means easy to tackle, so in this post, I'll discuss seven tips that will help founders navigate these difficult waters. These tips range from...
5 Actionable Goals for Your Startup to Set and Achieve
While the pandemic has created numerous obstacles for entrepreneurs, some of the best and most inventive ideas have been born out of adverse circumstances. January is the perfect time to re-evaluate what worked and what didn’t work over the course of the past 12 months in order to set new intentions for your business. Whether...
Understanding the Jobs to Be Done Theory for Breakthrough Innovation [VIDEO]
In "Competing Against Luck," disruptor and Harvard Business School professor Clayton Christensen shares his theory for breakthrough innovation: the jobs to be done theory. In the book, he and coauthors Karen Dillon, Taddy Hall and David S. Duncan share case studies and real world examples that provide entrepreneurs and business owners with the tools they...
4 Ways to Promote Team Collaboration and Inspire Innovation Within Your Startup
What do all startups that drive growth by embracing strategic thinking, inspiring creativity and supporting talent have in common? Team collaboration. Market competition is thick. Startups that embrace inventiveness and creativity rise, and such innovation happens when leadership and teams unify in pursuit of a shared vision within a culture that highly values collaboration. Here are...
Why Startups Fail: A Harvard Business School Professor’s Letter to a First-Time Founder
The following is excerpted from the book "Why Startups Fail" by Tom Eisenmann. Copyright © 2021 by Tom Eisenmann. Used by permission of Currency, an imprint of Random House, a division of Penguin Random House LLC. All rights reserved. StartupNation has partnered with Yottled to provide the fastest way to bring your business online. Get started...
The 4 Elements Necessary for Building Innovative Teams
In order to gain traction, earn revenue and turn a brand into a sustainable business, entrepreneurs must innovate. And in order to understand how to build innovative teams, it is important to first understand what innovation means. Innovation is the ability for teams or groups to collaborate around a product or service to create value through...
The Benefits of Encouraging Creativity and Innovation in the Workplace
Creativity is essential for any organization if you want to keep your business moving forward. There are numerous organizations that have designed a cool, funky, creative environment for their employees to help them relax and spark creative thinking to get their projects moving forward. Some organizations go as far as having regular brainstorming sessions when working...
Why Taking a Customer-Centric Approach Significantly Reduces Risks and Increases Your Chance of Success
To build successful businesses, entrepreneurs must fall in love with solving customer problems more than their own ideas. Entrepreneurs often rush to build and test their ideas using the lean startup methodology. They are taught and believe that they should “fail fast.” Unfortunately, most entrepreneurs do a great job failing. Harvard reports that 95% of...
3 Ways Artificial Intelligence Can Help Inbound Marketing
Today, inbound marketing is inescapable for any startup that wants to be successful online. Not surprisingly, a survey done by Statista found that content marketing was believed to be the most effective digital marketing technique according to marketers — followed by marketing automation, big data, and artificial intelligence (AI). The one downside of inbound marketing...
WJR Business Beat with Jeff Sloan: Entrepreneurship is Alive and Kicking in The USA (Episode 286)
On today's Business Beat, Jeff discusses new findings that show that entrepreneurship continues to thrive in today's business world. Tune in to the Business Beat, below, to learn more about how entrepreneurship continues to grow today: Tune in to News/Talk 760 AM WJR weekday mornings at 7:11 a.m. for the WJR Business Beat. Listeners outside...
The Data Paradox: Why Data Can Be Both an Advantage and a Burden
In 2016, Dell Technologies commissioned our first Digital Transformation Index (DT Index) study to assess the digital maturity of businesses around the globe. We have since commissioned the study biennially to track businesses’ digital maturity. Our third installment of the DT Index, launched in 2020 (the year of the pandemic), revealed that “data overload/unable to...
WJR Business Beat with Jeff Sloan: Michigan Ranks in New CNBC Study as a Top State to Base a Business (Episode 259)
On today's Business Beat, Jeff discusses a recent CNBC study on the best states to base a business, and it ranked Michigan as one of the top, at number 11. Tune in to the Business Beat, below, to learn more about how Michigan ranks in states to base a business and what its best/worst metrics...
Surviving and Thriving Post-Pandemic in a World of Constant Digital Transformation
The following is excerpted from “Everybody Wants to Rule the World: Surviving and Thriving in a World of Digital Giants” by R "Ray" Wang. Copyright © 2021 by R "Ray" Wang. Used by permission of HarperCollins Leadership. www.harpercollinsleadership.com. Over the past decade, digital transformation has evolved from being the “new thing” in business to “business as usual.” Before...
WJR Business Beat with Jeff Sloan: Rocket Mortgage Classic Helps Bridge the Digital Divide (Episode 251)
On today's Business Beat, Jeff discusses the Rocket Mortgage Classic, an annual stop on the PGA Tour held in Detroit. All net proceeds from the tournament go toward an initiative called Changing the Course, which seeks to help those with a lack of internet access. Jeff chats with Laura Grannemann, vice president of strategic investments...
WJR Business Beat with Jeff Sloan: Michigan-Based Orbion Space Technologies Secures $20 Million in Funding (Episode 250)
On today's Business Beat, Jeff discusses Orbion Space Technologies, a Michigan-based company that's working on developing an aurora plasma thruster. Its system is now being met with widespread market acceptance, and it just secured $20 million in Series B funding. Tune in to the Business Beat, below, to learn more about Orbion Space Technologies and...