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Both houses of Congress are in recess, back in their home states for a one-week work period. Members are slated to return to Washington next Monday, March 24.
At Healthcare's Grand Hackfest: Idea to Breakthrough Innovation in One Weekend, at Massachusetts Institute of Technology, day two of the program began with presentations from a panel of keynote speakers who shared some words of wisdom for innovators in the group.
Healthcare's Grand H@ckfest, a collaboration between the Kauffman Foundation and MIT's H@cking Medicine, kicks off tonight in Boston.
"No business plan survives first contact with customers," Steve Blank says. What? Isn't the point of planning that you maximize the likelihood of success in the marketplace? Well yes, but perhaps not the kind of planning you might be thinking about. A business plan conceived on paper, powered by a great idea or invention, enhanced by research on the size of the market and a customer profile, has great potential. But it also has a crucial flaw.
Bootstrapping refers to sustaining a business through personal investment and without external help.
It was a thrill for me last summer when I had the chance to sit down with best-selling author, entrepreneur and teacher, Gifford Pinchot III. For someone like me who has been an entrepreneur and who now works at the foundation for entrepreneurs, to meet the legend who actually coined the term "intrapreneurship" was a real treat. During our visit, I had the chance to ask Gifford about the motivation that led to the publishing of his best-selling book, Intrapreneuring: Why You Don't Have to Leave the Corporation to Become an Entrepreneur, in 1985.
Baby boomers are micromanagers, work hard, do not understand technology, are stubborn and want to destroy the planet. Millennials are lazy, entitled, tech savvy, want to save the world and don't know how to communicate in person. Although the generalizations of baby boomers and millennials vary, they do share one similar characteristic, they both share particular entrepreneurial characteristics. Millennials crave freedom and earning potential. Baby boomers have a desire to build something.
Each day, Innovation Daily checks the pulse of global innovation--courtesy of Innovation America. Below, we take a look at a handful of relevant stories compiled from the last week on government support for tech-based innovation and entrepreneurs, patent trolls, the creative economy and a push for stronger patent rights for university faculty.
Of the nearly 4,000 delegates from 153 nations signed up for the Global Entrepreneurship Congress (GEC) next week in Moscow, a large number are traveling from Latin America. The region’s startup ecosystems are now firmly part of the global entrepreneurship grid and with such strong delegations expected from cities like Medellín, Santiago and Buenos Aires, it is clear they don’t want there to be any doubt around the world about it.
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