Most companies are sitting on valuable information that either they fail to use or don’t realize they have in the first place. One of the most valuable strains of this dark data are mistakes that well-meaning employees make in pursuit of innovation. Usually, your employees will quickly sweep the story of their mistake under the rug to minimize reputational damage. That can be an enormous missed opportunity. As the boss, you want to bring these dark data into the light so that your company can beneft from their silver linings. Some ideas on how to do that: Create a mistake bank.
This article has been curated from Learning by Error–Or, How to Make Hay When Things Go Hay-Wire
How to Incubate a Company From Start to Finish
Don’t be blinded by early adopters. You still have a lot of work to do to overcome the power of the status quo. Forget about the competitor who undercuts your prices and releases products more quickly. Your first, most formidable foe is the status quo, argues entrepreneur Rajesh Setty. Status quo “is for your prospect or your target audience to do nothing or continue to do what they are doing without being touched by what you are offering,” Setty, the co-founder of WittyParrot , writes on his blog .
This article has been curated from Status Quo: Your Most Powerful Competitor
Status Quo: Your Most Powerful Competitor
It was just a better way of doing business. Since working at Google, both had moved on to senior roles at great companies where they were personally and professionally satisfied. Neither had the time to start a new company in addition to their day jobs, but both of them saw a real opportunity. Start-up companies, freelancers, and most people participating in the collaborative economy needed basic legal documents like NDAs, loan agreements, consulting agreements, and bills of sale.
This article has been curated from How to Incubate a Company From Start to Finish