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Leading in a New Direction - 3 Techniques for Thinking up New Business Ideas

Great Leadership By Dan

A = Adapt – How about adapting the successful drive-through services that the fast food companies offer to the fast-casual market? P = Put to Other Uses – use the restaurant as a market research center. Renters will travel to a central location where DVDs are stored -renters will come to the DVDs. ? Or vegetarian or even vegan?

Incubator 238
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Understand Your Entrepreneurial Superpower

Skip Prichard

The city was buzzing with excitement, with startups popping up everywhere, and events and pitch nights hosted by new incubators hoping to attract investors. During our travels and research in Estonia, Finland, Paris and California we found ten iconic individuals that encapsulate the core archetypes. Entrepreneurism is a good contagion.

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"We've got to grow together." the quote of the evening!

Jason Womack

During our conversation, he told me about the business incubator program at Hannah Grimes , here in Keene, NH. With today's movement to "think global and act local," or to work and live as a "local-vore," it is interesting to think that in those days way back then, EVERY one supported local - local government, local education, local markets.

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Case Study: Should an Emerging-Market Incubator Help U.S. Businesses?

Harvard Business Review

In fact, her love of the city’s mingled cultures and vibrant local businesses was one of the things that had inspired her to cofound Unamano, now a world-renowned nonprofit that supported entrepreneurship in emerging markets. Unamano’s mission was to help entrepreneurs in emerging markets—not in the United States.

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The Missing Market for Failure

Harvard Business Review

Paul Graham, one of the founders of the startup incubator Y Combinator , wrote about Airnb , a business whose entrepreneurial goal was to create a platform to match beds with people in New York city. The idea was that many homes had space and a mattress, while many travelers were looking for cheap lodging.

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What It’s Like Being a Business Traveler in Iran

Harvard Business Review

and Canada with extensive experience in emerging markets persevered to take a closer look. We almost immediately learned that Iran is an astoundingly lovely place, with very little of the deep poverty one sees intertwined into the societies of most emerging markets. Coke and Pepsi were everywhere.

Travel 10
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How GE Stays Young

Harvard Business Review

For example, GE incubated an energy storage company (“ Durathon ”), which has gone from the lab to a $100 million business in five years. Chief Marketing Officer Beth Comstock told me they looked to see how they could take this battery technology to new markets. Marketing plays a catalyst role, providing growth funding.