Tag Archives: Business Models

Why Being First is not Always an Advantage

Why Being First is not Always an Advantage - Innovation Excellence

As an investor, I often heard entrepreneurs claiming being first to market as an advantage. However, you must remember that Facebook wasn't the first social media platform, Apple didn't produce the first cellphone, and Dell didn't make the first PC. In fact, MySpace, Motorola, and IBM were the first in those fields.

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Overcoming Innovation’s Roadblocks: Overlooked Assets

_____ Despite well-laid plans and big investment, most innovation is slow and unpredictable. How to make it faster and more efficient? Supercharge your ideas with the assets and capabilities you already possess.   This is the second piece in a multipart series on the Roadblocks to Innovation—where we’ll be providing real-world examples, actionable insights and practical tools that can help ...

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Shoe Dog: 11 Lessons from the Creator of Nike

I’m a sneakerhead. In English, that means that I collect trainers. I love the aesthetics of the shoes, but perhaps more so the dynamics of the collectibles market which Nike effectively created. In his new book, Phil ‘Shoe Dog’ Knight, the founder, former CEO and now Executive Chairman of Nike, he tells his story of taking the business from humble origins, through an IPO in 1980 and onto its current $30 billion market capitalisation.

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The Lean Startup is Changing The World

“Build a better mousetrap, and the world will beat a path to your door” is a phrase that has inspired generations of innovators and entrepreneurs. Unfortunately, they often find that a better mousetrap is not enough. You also need to find a customer who wants to buy a mousetrap at a price at which you can profit. That, essentially, is ...

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