Zebraheard

Helping entrepreneurs turn ideas into a business

Economic Challenges Creates Innovation Caution


InnovationThe recent economic challenges faced by businesses in the last couple of years cannot happen without changing the way business is accomplished. One change is the way companies approach innovation. Faced with trepidation about the future, thinner margins, and limited resources Senior Management and Board of Directors are requiring an increased sure certainty in innovation initiatives.

The article “Why Some Companies Successfully Innovate and Others Don’t” written by Christine Crandell, discusses what 280 product executives have found are the best practices in today’s economy to continue to be innovative.

It is a great article and here is a little excerpt:

“In a survey commissioned for our company, involving more than 280 product executives in 17 different industries, we found common patterns among the study’s top performers. Among the good management habits of innovative, high-performance companies:…”

To read the whole text from this terrific article here is the link: http://www.businessweek.com/innovate/content/mar2011/id20110318_758366.htm?campaign_id=rss_topStories

To discuss this article with other innovative and thoughtful entrepreneurs go to LinkedIn and join the group Zebraheard – Helping Entrepreneurs Turn ideas Into A Business. http://www.linkedin.com/groups/Zebraheard-Helping-Entrepreneurs-Turn-Ideas-3845731?mostPopular=&gid=3845731

Advertisements

March 29, 2011 Posted by | Entrepreneur | , , , , | 3 Comments

Entrepreneurs and Passion


Entrepreneur Passion

 

Passion is a word that is frequently overused and has lost its meaning between the daily chatter of the media, friends, mentors and coaches. But what does it really mean. When you hear a word tossed into the verbal arena off handedly it starts to lose its luster. 

The dictionary states passion is a strong or extravagant fondness, enthusiasm, or desire for anything. 

Certainly I believe everyone should be passionate about something in their life.  However, if you are considering entrepreneurship, and I hope you are, passion has to be the foundation of which you begin building your business

Why is passion necessary? Although rewards are many when you are an entrepreneur so are the challenges. It is easy to be passionate about something easy and fun, but more challenging when something is difficult and full of drudgery. 

As an example, I am in the midst of starting an online business for entrepreneurs. This endeavor has been fraught with one challenge after another. But I am passionate about entrepreneurs. When working with entrepreneurs it isn’t work but a joy. If I wasn’t passionate about entrepreneurs the challenges facing my start-up would have been too much.  But they haven’t been too much because my passion for helping entrepreneurs helped me meet and overcome the challenges. 

If you are passionate about what you do and put some blinders on to the ‘distractions’ that will surround you then the chances of you achieving your dreams increase exponentially. 

To recap: 

  1. Find your passion.
  2. Put blinders on and try to ignore the ‘noise’ that will surround you.
  3. Keep the goal line in front of you.
  4. Always move forward.
  5. Find ways to succeed not ways to fail.

  

Here is to challenges, because if you don’t let them defeat you then I believe you have found your PASSION. 

Comment back and tell me how your Passion as it relates to business. How do you know? What have you overcome that confirmed you are passionate? I would love to hear your stories.

September 25, 2010 Posted by | Entrepreneur | , , , , , , | 4 Comments