Stumbled across a short podcast on my way home from the SUP46 event tonight where they discussed wether big cities are still a primary engine for scientific innovation. Thought I would share it here and at linkedin. The discussion is only three minutes so it’s a perfect break from intense studying or intense napping.
/Felix
Yesterday I stumbled across an article with an interview with 91-year-old entrepreneur Jack Nadel. During the last 70 years he has been able to achieve a sustainable success in a wide range of different industries worldwide, creating millions of dollars in profits. In this article he shared his three most valuable lessons to know when starting and managing your company.
These are his lessons:
All of these lessons seem quite simple and I don’t think it’s anything revolutionary for anyone taking this course. But reflecting a bit more over the meaning of these lessons I realized that we maybe look at it in the wrong way. We want to hear some complex and complicated lessons because we think this is something complex and complicated. But in reality all of us could start a company just by finding a need and filling it and never doubt ourselves.
/Felix
Yesterday the Global Innovation Index for 2015 was published. This ranking shows that Sweden is one of the top countries regarding innovation which is always nice to hear. You can read more about this in the link below and there are also som nice graphics in the article.
http://www.wipo.int/pressroom/en/articles/2015/article_0010.html
Stutterheim is a Swedish non-tech start-up that I have been following for the last couple of years. For around 5 years ago Alexander Stutterheim started the company were the idea was to make high quality raincoats with inspiration from his grandfathers’ old raincoat that he had found in the attic. I have been fascinated with the product since the beginning and I actually have a coat my own.
This is no billion-dollar company but it has had an amazing growth and has become recognized all over the world for its product design and high quality products. Alexander Stutterheim started out selling from his own apartment investing everything he owned and even pawning his apartment to get his dream started. And now, in 2015, Stutterheim has an expected total turnover of 55 M$.
If you are interested to read more about this Swedish fashion brand you can read an article about the company and their branding strategy in the link below:
A recent article in Times of India claims that imitation is innovation and refers to a quote by artist Pablo Picasso. Further the article states that many successful Indian start-ups are based on similar ideas from the US or Europe which have then been customised to fit the Indian market.
”Good artists copy, great artists steal, said Pablo Picasso, one of the 20th century’s most influential artists, implying that a good artist merely reproduces a subject while a great one takes possession of it and turns it into something new. It’s a maxim that many Indian startups, who have adapted ideas for services from the US and other countries, seem to live by.”
http://timesofindia.indiatimes.com/tech/tech-news/Imitation-is-innovation/articleshow/48907419.cms
#KTH #ME2603 #Entrepreneurship