Innovation Archives

Are You an Innovative Entrepreneur

Entrepreneur, Innovation / By Dragan Sutevski, PhD

As an entrepreneur, you are also an innovator. Why? Simply because you must innovate if you want to succeed. You solve problems in a better or much more innovative way for your customers. You create a company that means something for you, your employees, and your customers from nothing. You need to be an innovative entrepreneur.

Who are innovative persons? Every person has enough creativity, dreams, and desires that can lead him to become an innovative entrepreneur. Sometimes, you will need appropriate business coaching to unlock your full potential. You can find more information on titaniumsuccess.

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4 Processes Where You Will Always Need to Innovate

Innovation / By Dragan Sutevski, PhD

business innovation opportunities - innovation process

As an entrepreneur, you will need to innovate, and that’s the fact. But, what I have seen in the work of many entrepreneurs is that they see innovation as something required only in their products and services. That’s wrong thinking and need to be changed as soon as possible.

Innovative products and service even they are an important part of the success of many companies, still, they are not enough to create a really remarkable business. They are only the beginning of many innovation processes that will exist on an everyday basis in your whole company.

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How Can You Bring Back Innovation Inside Your Small Business

Innovation / By Dragan Sutevski, PhD

The success of your small business in large part was based and will be based on the innovation that it brings in the form of value to your customers. That’s the fact.

But, as time goes on and your small business grows, the innovation cycle will become larger and larger.

Do you want to bring back innovation to your small business?

Probably your answer will be yes because you are a clever entrepreneur who knows that innovation is everything for your small business regardless of which subject it will come.

But how can you bring back innovation as a heart in your small business?

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Can We Learn Something About Product Development?

Innovation / By Dragan Sutevski, PhD

I like the concept of the minimum viable products that enable entrepreneurs to bring the product on the market and continuously improve and develop according to the customer’s desires. As you can see we talk about products developed for customers, not the entrepreneurial desires or the initial business idea.

Each business idea is the dream of an entrepreneur. Ideas are based on hypotheses that are not yet tested or proved that will work. In the past one of the basic tools for entrepreneurs to try testing the hypothesis was making a business plan where they put the results of market research and based on them, they make an assessment about the demand. But, today it is a time-consuming job that again will not give us 100% accuracy that everything that we put in the business plan will be the same in the implementation process.

On the other side, we need data about the acceptability and feature needs as soon as possible if we want to have the products that will satisfy the market. Can we start building something from nothing and put on the marketplace with the minimum required features to find approved information for our future directions in the development cycle?

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20 Business Innovation Quotes and Recommendations

Innovation / By Dragan Sutevski, PhD

Business innovation is something new, something undiscovered, something still not tried in the business world and the market where operates a particular business.

Entrepreneurs are persons who simply have the biggest responsibility for business innovation.

The business or company that an entrepreneur found or started is also an innovation.

Innovation is important for your small business so, you need to invest in innovation and accelerate your business innovation process. Simply innovation doesn’t happen by itself, it will need to be accelerated, or you as an entrepreneur will need to be accelerated in your company.

You must continuously learn new things because you need to listen to your customers, your employees, and everyone related to your small business. On the other side, you must motivate yourself and your employees if you want to succeed. So, if you want to be an effective motivator, know how to start a motivational speech.

I want to continue with this series of blog posts related to business quotes. The previous post from this serial was business idea quotes.

Now, I will continue with business innovation quotes.

Let’s start!

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Are You an Innovator? 5 Skills of Innovators + 2 Additional

Innovation / By Dragan Sutevski, PhD

What are the most important skills of innovators? Scientists, business people, managers, and entrepreneurs always want to know what is the perfect person to manage and grow the business.

The business world in which operates your business will require entrepreneurial skills, managerial skills, and innovation skills.

What are the skills that make one person perfect? What are the habits of those perfect persons? How do they think, breathe, and what do they eat? When they are working, how much do they stay at work? How to be the perfect person that will ensure high business growth? All of these questions were asked and analyzed a long time before.

There are too many researches conducted that want to find characteristics of that perfect person. We know that also Frederick Taylor (1856–1915) have conducted experiments to find the person that will accomplish more jobs for a shorter time.

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