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Entrepreneurs R Us-Innovation and the Entrepreneur

  • Broadcast in Entrepreneur



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Realizing that jobs fuel the economy and a healthy U.S. economy brings about a healthy world economy, much attention is being paid to the value of the business start-up in this country.

All of this has brought about a rush from many to identify "secret traits" to be found among certain individuals that would indicate a propensity for Entrepreneurial success. They have not yet found them. However, there are two traits that I believe are essential to Entrepreneurship and new business start-ups: Ideas and Innovation.

I cannot think of a single circumstance where a new business has been started without both. I call these two the engine and the fuel of Entrepreneurship. To explore these two factors, lets call them the "I Factors." First, lets define both; Idea = a thought, a mental conception, an opinion or plan; Innovation = the process of introducing new methods. It is my belief that Entrepreneurs and those that start new business are those that are capable of converting ideas into innovation.

The absolutely magnificent outcome of this analysis it that both idea generation and innovation application are learned skills. Yes, it is true, that many are capable of generating more ideas than others and many find it easier to see how a new idea can become a business easier than others, but more often than not it is learned skill. On that premise alone, I believe you, your neighbor and even I can become an Entrepreneur simply by learning a new skills.Get your copy of the article "Ideas and Innovation" for tips on how you can add real value to your organization.

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