In my book I claim businesses sell 1 of 2 things: services vs products. There is plenty social proof, of course, that enterprises of all sizes can experience success with either offering. Fortune 500 is a smorgasbord of cell carriers (services), gas providers (products), technology companies (products and services), and so forth.
Richard Branson, the founder of the Virgin Group, recently wrote in a blog article that he considers 2014 to be the “Year of the Entrepreneur.” Branson says, the growing buzz around startups has generated a lot of excitement and has consequently nurtured a lot of big ideas.
In a business landscape where having your own startup carries undeniable cachet, entrepreneurs are guided by many motivations. Some want to be their own bosses, otherswant to turn their personal passion into a career, and still others are inspired to answer a need in the marketplace. Yet it’s undeniable that many also have their eyes on a different prize – acquisition.
Have you ever found yourself in the situation where you need to immediately deliver business ideas or create solutions for a certain task, for instance in your business life? There you go. You know how hard it can be to produce a creative thought right away, at the push of a button.
My researchers keep track of useful Web sites. As Bing and Google shift from “search” to other information interests, having a library card catalog of Web information resources becomes more important. I want to highlight five “search” services that may be useful to a person conducting business intelligence or basic research.
I often get asked, “How do you evaluate a startup to see if it will be a fit with your Lab IX accelerator?” Some of our criteria are relatively straightforward, such as the startup’s current funding situation, a working prototype and strategic fit within Flextronics’ business and technology and innovation roadmaps. However, the most important thing we look for is less straightforward to evaluate – what’s the strength of the founding team?