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Innovate!
Dave Pollard: “The big guys don’t want to innovate (they think it’s expensive and risky), they don’t have to innovate (in today’s economy it’s easier for them to litigate, pre-emptively patent and buy out innovators than to develop anything radically new themselves), and they’re no good at innovating (they’re too big, too inflexible, and too risk-averse and cost-conscious). That’s your competitive advantage as an entrepreneur. And innovation isn’t just about products and services, and about pre-start-up activity, it’s about every aspect of the business — products, services, processes, distribution channels, technologies, organization, structure, strategy, everything — and it must be continuous.”
via Rauno Saarinen.
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