A decade ago, Devin Jameson might have chosen to drop out of college and work on Eversound, a wireless headset start-up for senior communities. Instead, Jameson was able to combine his co-founded company with his academic coursework through Cornell University’s eLab program, an accelerator curriculum he completed in 2015. Jameson said, “Being able to get actual college credit for going through an incubator program was really important.” Read more>>
Monthly Archives: May 2018
Most Science Startups Fail. Here’s Why.
It seems like every day we see or hear about a breakthrough new discovery that will change everything. The problem isn’t necessarily with the discoveries themselves, but that there’s a fundamental difference between discovering an important new phenomenon in the lab and creating value in the marketplace. We need to get a lot better at bridging that gap. To do so, we need to create a new innovation ecosystem for commercializing science. Read more>>
5 Steps to Finding Your Next Big Idea from Spanx’s Sara Blakely
There’s a myth amongst entrepreneurs of the “lightning strike” — the “aha” moment when an idea just comes to you. In reality, it’s rare to find a successful scale entrepreneur whose big idea landed on their lap. It’s more likely they were already on the hunt. I wanted to talk to Spanx founder Sara Blakely about my theory. Her story is the perfect parable for any entrepreneur looking for their first — or their next — big idea. Read more>>
Robotics Is Here and Already It’s Changing Everything
Robotic process automation is becoming an integral part of how businesses operate, and these solutions are making employees both more efficient and effective. PwC estimates that companies can automate approximately 45 percent of workplace activities. However, robotics won’t just change operations — process automation will change everything from the boardroom to education. Read more>>
The Quality Of The Outcome And The Quality Of The Decision
Annie Duke, a professional poker player, said “Don’t be so hard on yourself when things go badly and don’t be so proud of yourself when they go well.” In a recent interview, Duke talked about distinguishing the quality of the outcome and the quality of the decision. Like all really important concepts in life and business, this idea can be distilled into a 2 x 2 matrix. Read more>>
Virtual Reality Is Already Changing How We Work and Communicate
Our ability to communicate with each other is a big part of what makes us human. In the last little while, we’ve been enhancing this ability with modern technology. Most recently, virtual reality (VR) has been making strides, beginning to affect different aspects of our lives, including the way we work and communicate. Read more>>
IBM’s New Computer Is the Size of a Grain of Salt and Costs Less Than 10 Cents
The miniaturization of electronics has been progressing steadily for decades, but IBM just took a major leap. The company has created what it’s calling the world’s smallest computer, and it’s the size of a grain of salt. The company sees the tiny computer becoming a crucial element of attempts to apply blockchain to supply chain management by collecting, processing, and communicating data on goods being shipped around the country. Read more>>
How to Succeed as a Business-to-Government (B2G) Startup
Governments across the world award contracts worth billions of dollars each year. Despite the obvious opportunities that exist here, launching and growing a B2G startup is not for the faint-hearted. For one, the tendering process can take several months to complete. Secondly, government agencies tend to favor businesses that have prior experience working on government projects. Read more>>