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Monday, December 15, 2008

About Small Business Info: Innovating on a DIme

About.com    Small Business Info
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  from Darrell Zahorsky
The single most abundant resource in today's economy is creativity. Finding new ways and new ideas to operate your business is the essence of innovation. The current perceptions of innovation are it's all about big ideas and primarily technological. Big ideas have a much lower success rate (1 in 1000 vs 1 in 10) than small innovations. Innovations can occur in all aspects of business from new customer service ideas to improvements in operations. The future belongs to small businesses that can turn innovations into profits. Apply the principles of innovation to your small business in 2009.

 
In the Spotlight
7 Principles of Small Innovations
We live in a fast-paced, instant gratification global society that adores big. The next big thing. The big innovation. The approach of big innovation isn't ideal for small business. Small innovations are the best strategy for your business. Discover the 7 principles of small innovations.

 
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The House That Innovation Built
How many household items do we take for granted never knowing the amazing stories these objects hold? Enjoy a sampling of favorite household items. The science and history behind these familiar objects will have you wondering what amazing stories are hidding in your own households.

 
The Innovator's Dilemma
Innovation is certainly not a prerequisite for entrepreneurship. Successful entrepreneurship is often more a matter of timing and perception--providing the right product or service at the right time in the right market. However, high-growth entrepreneurial enterprises, the kind that make people famous, are most often the result of a significant innovation on the part of the entrepreneur. It's frequently entrepreneurs who develop those disruptive technologies that create a whole new performance trajectory.

 
 
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