Entrepreneur

Disruptive Innovation Borders

7 Lessons From How Borders Group Failed To Unsettle Disruption

And how companies should take the competition seriously and be willing to make changes when necessary. Falling off a perch is not a pleasant feeling for an individual or a company. However, falling is a trait among warriors, and rising after a fall is a hobby for champions. For this to happen, an individual or a company needs to be sitting right up to the pile of all other competitors for several years to lose track and fall so hard that the company usually ends up in a bankruptcy file. I love bookstores, and visiting Borders at its time was

Spread the word
Read More »

Why All The Innovation Fuss About Ideas. Innovation Requires Much More Than That

While some make no distinction between good ideas and innovation, there are several pit stops in an entrepreneurship journey. Global and local markets are becoming highly saturated and volatile. This increased competition and changes in consumer behavior have pushed businesses to innovate within their realm. Yet, when talking about finding ways to make a difference, most companies believe that the answer to innovation lies in brainstorming more ideas. According to the Massachusetts Institute Technology experts, innovation can be defined as the “process of taking an idea from inception impact.” While simplistic, this definition truly captures the gist of innovation and helps differentiate

Spread the word
Read More »
Entrepreneurship-Journey

The Top Three Tips to Jump-Start Your Entrepreneurship Journey

Kick-off to start from today, and be ready to fail, iterate, and repeat. I remember our first mentee call with Joe. He was enthusiastic; he had been dreaming about starting his own business for years. He had a lot of ideas to tell and was quite proud of his creativity flow. Belonging to an engineering background, he described solutions using blockchain, augmented reality, and Artificial Intelligence. I appreciated him for his imagination and enthusiasm. It was a good sign. I then asked him to tell me the problems that he was solving with all these solutions. He was stopped short at that. Silence

Spread the word
Read More »