Tag: business survival

19Apr
Business

How to Innovate in a Stale Industry

Entrepreneurship is all about innovation. It’s all about coming up with new exciting ideas and using them in order to shift paradigms and make money.

But what if you’re someone who doesn’t easily have new ideas? Or what if you’re in an industry where everything already seems to have been done?

Well, there’s no way to guarantee that you’re going to have exciting new ideas. But what we certainly can do, is to increase the likelihood of that eureka moment happening. And often, this comes down to asking the right questions.

How to Ask the Questions That Lead to Innovation

So, just what are these magical questions that can help you innovate?

The first thing to consider, is just how new ideas come about to begin with. In business, most ideas essentially consist of finding a need and then fulfilling it. This makes your job a little easier – you are trying to find a new need and/or meet it in a new way.

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