innovation lessons from a startup
DESCRIPTION
Some of the things, we learnt the hard way in Life. This is taken from a presentation that we did in IIT Kanpur as part of Alumni outreach program to help budding entrepreneurs .TRANSCRIPT
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- Innovation and entrepreneurship
UMAKANT SONI Delivered @ IIT Kanpur
Some lessons we learned during our journey
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it all starts with an
idea
Ideas are born out of observation, so keep looking carefully
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its when one starts seeing opportunities where every one else sees problems
Going against the grain grants you one thing, less competition
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Its about looking at things from fresh perspectives
Pitch to as many people as possible, find detractors early
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Try out as many combinations as
possible
Failing fast is a necessity to reach the right solution
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Its about connecting with
your user
Describe your offerings in your customer’s words
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Its about finding greener pastures when everyone is looking for snow
Create strong differentiation with your competition
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Choosing the right vehicle is important
Right channel to customer can make all the difference
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Relish the drops, they are an indicator of things
to come
Disruptive innovations don’t become roaring success overnight
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It will be always a little hazy, so you have to back your guts
There are no correct answers on path to innovation
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Aspire for something higher, but keep taking baby steps
Creating a new world
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