Ontario Wind Market set for a Breather in 2012 as Red Tape Delays Construction of Wind Projects
My good friends at Clear Sky Advisors have recently published a report projecting a sharp decline in the Ontario Wind Energy Market. Read more
How Can You Harness the Power Of Unconventional Thinking?
Unconventional thinking means looking at the world through an inquisitive, investigative lens, like you did as a child. And this perspective should not be limited just to your work, but permeate your general outlook on life. After all, some of the greatest inspirations and most profound unconventional ideas will come to you in moments and situations completely removed from your business. The whole world is your reservoir for unconventional ideas
The Right Way To Size Up The Competition
One of the first questions people ask about a new idea or venture is: Who is the competition? Who else is doing this? The worst rookie mistake in the world is to answer: No one. There is always a competitor. Even if you can’t find anybody else who is doing what you’re doing, someone probably is thinking about it. And even if nobody is thinking about it, you’ll always have indirect competitors, including the status quo and your customers’ thrift.
What to Look for in a Company Board
At any company level, the board of directors has a direct impact on the organization’s product strategy, hiring, fundraising and much more. And startups have to be very selective in choosing board members who will advise the company in the right direction.
Blue Ocean Strategy
One of my favorite books and most often recommended is Blue Ocean Strategy, a book that was first first published in 2005. It’s authors W. Chan Kim and Renée Mauborgne is part of The Blue Ocean Strategy Institute at INSEAD. The main message of the book is the high growth and profits an organization can obtain by creating new demand in an uncontested market space, or a “Blue Ocean”, rather than the traditional strategy of competing for known and existing customers in the current segment/market space.
Sizing up your competition
One of the first questions people ask about a new idea or venture is: Who is the competition? Who else is doing this? The worst rookie mistake in the world is to answer: No one. There is always a competitor. Even if you can’t find anybody else who is doing what you’re doing, someone probably is thinking about it. And even if nobody is thinking about it, you’ll always have indirect competitors, including the status quo and your customers’ thrift.
5 Ways Tech Startup Financing Is Changing
As the online sectors continues to mature, there are more ways to finance your business and increase your growth without sacrificing a large amount of equity. By financing several fast-growing websites, my company has gained a perspective on how the landscape is changing. Here are a few lessons learned along the way: more
Russia’s Innovation Town
Russia, once a hotbed of Soviet-funded research, is clearly feeling left out of the world’s technological developments. The country is trying to make up for it by packing lots of thinking into Skolkovo, a so-called “innovation town” to be built outside Moscow.
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