Are We Shooting Down Good Ideas?

1. You know whether or not an idea is good based who proposed it.
2. You observe from a distance rather than being lead down a path to the idea. (a.k.a. The Sniper)
3. You believe every idea is improved with your input.
4. Listing the top 10 ideas from your organization this year, half or more are your own.
5. Brainstorming means narrowing down to the best idea, instead of hearing all of them.
6. All ideas must be proven.
7. You only want BIG ideas.
8. You have no effective mechanisms to foster, collect, review, and implement ideas.
9. Your competition is your main source of ideas.
10. No matter how much you've talked about ideas, collected them, praised them, in the end you don't use them. (Like a maimed duck, you let them wander off and die.)

[Thank you, Dustin Staiger]

Perspectives on the Nature of Entrepreneurship

1. Creation of Wealth ... assume risks in exchange for profit
2. Creation of Enterprise ... founding a new business where none existed before
3. Creation of Innovation ... making existing products or methods obsolete
4. Creation of Change ... adjusting, adapting, modifying to meet new opportunities
5. Creation of Employment ... employing, managing, developing the factors of production
6. Creation of Value ... creating value for customers by exploiting untapped opportunities
7. Creation of Growth ... sales, income, assets, and employment

[Thank you, Michael H. Morris]