article thumbnail

7 Steps To A New Business From An Innovative Solution

Startup Professionals Musings

Defining the right business model requires the same diligence as designing the right product, but the approach and skills required are different. In the investment community, this work is called proving the business model. The founder had simply not done the work to validate a price and customer segment.

article thumbnail

10 Ways To Use Social Media To Be Authentic and Open

Startup Professionals Musings

When done well, an organization’s online community can become a competitive advantage. It can also be for solving everyday problems, like logo design or open source code. Distributed. Conversing: engaging in a dialogue with others. Open microphone: encouraging participation. Crowdsourcing: solving a specific problem together.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Embracing Technology to Build an Effective Community Healthcare Board

Board Effect

As a board member of a community healthcare nonprofit, working within the rapidly evolving landscape of healthcare, you probably face a multitude of challenges that require problem solving and innovative solutions. Introducing governance technology can help improve your boards’ efficiency, communication, and clarity.

article thumbnail

7 Keys To Making A Business Out Of Your Great Product

Startup Professionals Musings

Defining the right business model requires the same diligence as designing the right product, but the approach and skills required are different. In the investment community, this work is called proving the business model. The founder had simply not done the work to validate a price and customer segment.

article thumbnail

Democratizing The Tools Of Design

YoungUpstarts

By Kevin Bennett, co-author of “ Solving Problems with Design Thinking: Ten Stories of What Works “ America has a long history of championing rugged individualism and visionary leadership, especially when it comes to innovation. Like any powerful set of tools and labels, the struggle over status is alive and well, and misguided.

Design 212
article thumbnail

10 Key Elements Of An Open Leadership Framework Today

Startup Professionals Musings

When done well, an organization’s online community can become a competitive advantage. It can also be for solving everyday problems, like logo design or open source code. Distributed. Conversing: engaging in a dialogue with others. Open microphone: encouraging participation. Crowdsourcing: solving a specific problem together.

Framework 397
article thumbnail

19 Entrepreneurs List Their Favorite Technology Innovation

Hearpreneur

7- Decentralized and distributed ledger Photo Credit: Erwin Vico Being in the finance industry my favorite technological innovation is Blockchain. Blockchain is a decentralized and distributed ledger that enables secure and transparent transactions. Don’t forget to join our #IamCEO Community. Tell us in the comments below.