There are no rules to design thinking, managing a business, building a startup, etc. Innovation is learning to critically analyze the information presented to you and then adapting it to the specific needs of your business.
After already building the company and working with a product for months, you’d think pitching the idea would be easier than it actually was. However, it is not enough to know your company and your product inside-out.
By reading the business report judges and investors need to have enough information in order to understand not only how your business is currently operating, but also whether or not it can continue to operate well in the future.
There are so many various tasks and challenges on the way to building a startup that if the people involved stay within only set roles then the startup is bound to fail.
I think a common misconception about collaboration is that it’s the individual who has to make sacrifices for the good of the team. But now I’m questioning that.
On February 23 we had our second trade fair. This time our course had a large tent set up in the middle of Eden Street walk, which is in Kingston Upon Thames town center. This environment was definitely less “safe” than the first trade fair. This time we were selling to complete strangers, people who … Continue reading Eden Street Here We Come
If it’s a good idea, someone else will probably have it too. This is one of the concepts discussed in a podcast I listened to. Here the narrators discuss the fears that keep people from looking into products similar to their own; they don’t want to steal an idea, or they don’t want to lose … Continue reading Taking Inspiration From Competitors