As the global economy continues its historic shift from raw materials and manufacturing to knowledge-based, a company's valuation is completely taken up by IP
Intellectual property, or IP, is often underestimated or misunderstood – at least in the world of entrepreneurs. How you manage your IP can make or break your venture. IP is 'creation of the mind' and includes patents, copyrights, trademarks, industrial design and trade secrets. Every business is based on an idea, from ground-breaking research that…
Cutting corners on insurance and legal agreements is a risk that could undermine all your potential success
Starting, running and growing a small business involves a lot of “bootstrapping”: digging into your own resources, financial and otherwise, to get things done. But there are legal matters many entrepreneurs either make poor decisions about or avoid altogether. Insurance “If I had one thing that surprises me, it is the avoidance of insurance,” says…
A clear, concise purpose can give you an edge over your competitors
Personal development programs like Tony Robbins, Landmark, or Context International, to name but a few, all ask participants to ponder simple questions like, “Why am I here?”, and “What is really important to me?”. Questions like these are designed to help individuals define “why” they exist, to bring “purpose” to life. Identifying “purpose” has an…
Many of the best ideas are the result of “happy accidents” rather than the result of a methodical and structured innovation process
For many would-be entrepreneurs, the only thing standing between them and a booming business is an idea. What product or service? What market? What niche? And, what problem is the idea going to solve? It’s the million-dollar question, but only half the equation. What about aligning the idea with the skills, knowledge, passion and character…
Intellectual property, or IP, is often underestimated or misunderstood – at least in the world of entrepreneurs. How you manage your IP can make or break your venture. IP is 'creation of the mind' and includes patents, copyrights, trademarks, industrial design and trade secrets. Every business is based on an idea, from ground-breaking research that…
