Drive your startup with Innovations

In the recent era, entrepreneurship is not only defined by how well you’re managing the things but also by what you’re creating for the society. The business world has enough Managers, all they are looking for is great innovators with super meaningful products and services that can actually redefine the way society is living.

Considering this, how well a company can contribute to the needs of innovations and creations, how a company can secure a concrete stage in this competition is defining challenge. Here is a roadmap that can give the organization a productivity boost with utmost innovative culture:

Types of innovative things you can do in your organization:

 

• Innovation Lab:

 

Creating an Innovation Lab within the typical office culture boosts the productivity and enthusiasm in the company dramatically. Innovation Lab is a group of master minds within the company building a “Techno-Managerial” team to focusing on creating “Game Changing Product/Services”.

An Innovation Lab Outpost in your company can be helpful to understand below listed points easily:

• New Product Demands & New Markets.
• Rising Technology and Application Environments.
• Getting in contact with Managers, Entrepreneurs & Startups.
• Understanding and Analysing new product/service projects.

Such Innovation Lab can frequently put efforts of the team on hunting new potentials and building revolutionary creation for the organization. Such efforts can provide its fruits either in the form of financial means or in the form of potential resources for the company.

 

• Partnership with Startups:

Partnership with startups and raising company can bring a fresh air in the company environment quickly. There are many startups in the global market with strong products with completely new approach of viewing the technology as an integral part of life instead of a medium of ease out the work. Revolutionary market of “Internet of Things (IOT)” and Artificial Intelligence applications in eCommerce retail segments are live instances for this. It should be noted here that one of the best inventions of IOT or AI is made by startups like Nara Logics and Yonomi.

It has been observed that many strong startups are looking for help and guidance from enterprises for product and fund management. Though startups have new innovative approach and potential to concur the technological challenges, they are always seeking managerial molds to shape as an Enterprise. Partnering with such startups is always in the interest of enterprises. This provides a win-win deal for both sides, where Organizations can provide the best of their managerial knowledge and experience and on the other hand startups can focus on building “out of the box” products that can acquire the markets.

 

 

• Startup Accelerators:

Seed “accelerators” also known as startup “accelerators” are fixed-term, cohort-based programs, that include mentorship and educational components and culminate in a public pitch event or demo day.

Getting in touch with Startup Accelerators provides the organization a broad platform for reaching out to startup owners/founders, Venture Capitalists, Angel Investors and other enterprises searching for certain business solutions. Additionally, meetups with industry players and “like minded” people acts as an analytical and motivational fuel for productivity. Impressive results of Accelerator Events can be found in the case study of “Accelerator Business City (ABC)” located at Slovenia, EU.

The main effectiveness of accelerators resides in a “win-win” deals for the organization, where Innovation Lab Team can reach out new markets and investors for upcoming innovative products of the company, with the help of accelerators and on the other hand the organization can get in touch with new startups and entrepreneurs with game changing flagship products.

• Venture Funds :

Venture capital (VC) is money that is provided to seed early-stage, emerging growth companies. Venture capital funds invest in companies in exchange for equity in the companies they invest in, which usually have a novel technology or business model in high technology industries, such as biotechnology and IT.

Once the organization has strong Innovation Lab, Accelerators in touch and good Startups in affiliation, a strong VC as financial backbone is must to drive the service/product innovation successfully to the market. The second best advantage of Accelerator Events is the direct contacts with VCs and Angel Investors.

Finally, the concussion point of this discussion is – An Entrepreneur must be a peoples’ person and a great communicator while conveying business aspirations. A vision and mission can never be fulfilled without a medium of expressions.

 

Have a Happy Business!! 🙂

Be your best friend first

“Be your best friend first ?? What kind of caption is this? I am me… Simply me!! Ofcourse I am my best friend…” If you’re thinking something like this, I must suggest you to take a look at yourself again, because I did and found so many thing to correct, probably you find one at least!! In fact, I am writing this due to a great realization and awareness that I had last week. I found that so many natural qualities that I possess, so many hobbies I could have enjoyed are suppressed!! It’s not because I have a bad time or bad life, but surprisingly I found that whole society works like that. The system is made in the way to implement fix set of rules on you and your surroundings.

While observing a common lifestyle of everyone – doesn’t matter rich or poor, you can find one thing in common that after the student life, everybody is just busy with their professional activities with 90% of their time in a day. In this mock race of life, many little joyful moments and many skills or hobbies which are god gifted or say natural in one is suppressed all the time. I found some questions for you – answers of these questions can easily make you realize about the situation of your life. You can easily estimate if you’re being yourself as nature has made you or you’re just following social parameters for so called race of life!! Here we go:

 

Do you do what you love? :

If I say I do what I love and if I say I love what I do. There’s a huge difference in both the scenario. Unfortunately, most of us loving what they’re doing. I strongly believe that in life, sometimes due to circumstances or due to situations we have to accept some kind of work or job as compulsion but that compulsion should never be permanent. I think life is too short to judge according to society made parameters. One should always do what one loves, doesn’t matter what!! As Will says in “Pursuit of Happiness” – “If you’ve gotta dream, you’ve gotta protect it!!”

According to me, 70% people in this world are doing what they don’t want to do for their lifetime. If you’re among them, what different thing you’re doing with your life? I think at the end, there’s nothing but regret and guild for those who are not following their aspirations and accepting the compulsions of life. Just close your eyes and ask yourself with intense approach – “Do you do what you love?” The rest will be all…

 

Do you have worthy people surrounded? :

The another most time consuming and fake activity that we do in our life is to be with the people who actually doesn’t mean anything in our life. “Dah! what kind of joke is this? I have wonderful people with me!! I enjoy their company a lot…” Well, if that’s the case, you are one of the luckiest people in this world but take a serious and close look at your people relations chart. In most of the cases, we’re trying to impress the people which can benefit us professionally or socially – and that’s it!! Even the conversation between two are not pure now a days. Either they are cutting some third person in their talk or they’re wasting their time to discussing negative things or greedy ideas and so on…

Now, my question is very simple. Do you find people surrounded you who really love you (apart from family), who really boost you for being your most improved version, who motivate you in your downfall, who guide you through every thick & thins?? A matter of fact is – It’s hard to find friends, relatives and colleagues with this approach almost impossible. I strongly recommend you to find this kind of people in your life. These are real gems of your life. You can share the most precious time and trustworthy life  with a friend circle like this.

Don’t waste your time behind fake people just to complete your goals or materialistic requirements. In one sense it doesn’t sound practical – I know that. But if you’ll think seriously, you will find that on initial level you’ll be in trouble but once you’re through with this approach you will be more than happy in your life. Real Friendship, Real Love and Real Attachment can give a great satisfaction of life that no other materialistic achievement can give. Just think about it…

 

Do you have any hobby? Really? :

From my view point, hobby is a gift given by nature. Everybody has at least one hobby with so intense attachment – where that activity makes that person to forget every hard nukes of the life. After your professional activity, hobby is the only platform where you can have a feeling of creativity of your own. And you feel it more fascinating because that creativity was purely by your will and choice.

Find out what makes you feel refreshed and blissful? What activity or hobby suits your nature? Once you do that, just go for it. Meet more people sharing the same hobby with you and actually you’ll start finding good people surrounded you. Some people believe, following hobbies means spending more and more unproductive time in your life and I strongly feel that spending time behind your favorite activity means improving your productivity by refreshing your mental ability. So what’s your hobby? Find one…

 

Are you being so logical? :

Do you remember, when you were of 5-6 and when you see a butterfly in garden or backyard – you used to run behind it with lots of enthusiasm and smile. When you were small, watching full moon was a fascinating site for you. You used to enjoy so many little things. What happens today when you see the butterfly? Either you don’t give attention to it or may be you don’t even notice it. Today you don’t even care if it’s full moon or not. I am not saying that even at this age, you should run behind butterfly and catch them from your neighbor’s backyard, but the point is, exposure to excessive knowledge makes us ignore small moments of joy. We actually stop seeing beauty of nature or little time of happiness. Why? Because we have this habit of examine everything with the magnified glass of “Logic”. We know how earth rotates in the space but we don’t know how to live joyful and sensible life on earth. That’s the problem!!

Don’t be excessively logical in everything. It’s okay to enjoy some moment of life as it is, without any logic behind it. Even try to accept people as they are!! Don’t try to evaluate with your measure tape of parameters. Knowledge should be just a tool for your well-being, it should not throw you out of basic human nature of Love, Compassion, Attachment and Happiness in life. So just use your knowledge as and when required and rest of the time, just enjoy your surrounding as it is. Ask yourself – “Are you being excessive Logical all the time??”

 

With a great hope that these thoughts will help you at least 1% in changing the way you think in life towards the affirmative way, I would like to close this article.

Have a Great Time 🙂