Innovation: Action That Could Be Considered a Ridiculous Error in Judgement

Here are some things I learned from Stan Metcalfe today: We can’t make money by making bets that everyone agrees will pay off. That means that innovative ideas will often look nuts when we first start working on them. Nevertheless, we have to give them a try.

Are Creativity, Entrepreneurship & Innovation the Same Thing?

There’s a difference between having a great idea, and creating value with that idea. Creativity, entrepreneurship and innovation are all words that are used to describe the value creation part of the equation. So do they mean the same thing?