The Big Idea that will make an entrepreneur successful is not obtainable by filling in the blanks on a magic invention template. Where do ‘The Big Ideas come from Why are some people able to develop exciting concepts and others, though constantly scheming, achieve nothing of value How do serial inventors repeat success, again and again
Entrepreneurs are born, not made. Thomas Edison performed over 1000 experiments before perfecting the electric light bulb. Think of that fact, and apply it to people in general. He failed 1000 times to get it right. How many people do we know that will keep trying to succeed at a task if they fail three times, five times, 12 times We all know the answer, not many. Business school can not teach this kind of drive, determination, and dedication to a task.
Entrepreneurs and inventors are different. Successful entrepreneurs excel at commercializing opportunities. Inventors excel at creating. Not every inventor is an entrepreneur. Nevertheless, creating exciting new products is an art that is essential to entrepreneurial success. Many inventors employ others to commercialize their creations. Some entrepreneurs also have the ability to develop exciting new projects. There is simply not one silver bullet answer that defines the requisites for success. » Read more: Opportunity and Innovation – The Power of Weird Thinking