India Currents’ Post

🔔 Attention all business leaders, entrepreneurs and innovators! 🔔 We are thrilled to share with you an insightful article on the art of the pivot published on Medium In today's fast-paced world, adapting to changing market demands and unexpected circumstances is crucial for any business to thrive. The article highlights the importance of pivoting, a strategic change in direction that can turn a struggling company into a resounding success. What we have done as Guard Hawk by taking a break to come back with a restructured platform and a system called the DataConsent System. Don't miss out on this valuable resource! Read the full article here: https://lnkd.in/d5bKRSBA #Innovation #Entrepreneurship #Pivot #Adaptation #Change #GuardHawk #DataConsentSystem #DataRevolution

It's about time! We’re seeing more and more how investors are returning to the pre-pandemic long-run trend. What should we take from this? It’s time to build businesses that are sustainable, adaptable, and #resilient. #Business #Unicorns

🎯 Why now? Recognizing the opportune moment to introduce a specific innovation demands precision and impeccable timing. Bill T. Gross, a US entrepreneur renowned for founding numerous startups, outlined five key elements for a company's success. Not missing initiative timing is at the top of the list, along with deployment, ideas, business model, and investment. Developing a new idea and turning it into a product or service is not an instantaneous process. It involves studies, market research, investment, application tests and operation. However, all these efforts do not always materialize at the right time. It is crucial to seize opportunities that address customers' pain points TODAY (or, at a minimum, in the near future). Predicting needs, developing solutions in response to technological advances, or proposing innovations that align with legislative changes are some of the strategies. Adaptability is essential to avoid investing in solutions that are considered "old" and have been set aside. In the realm of technology, changes occur at almost the speed of light, and staying in sync with this pace is not always a straightforward task. It's essential to remain vigilant, constantly informed, and keeping an eye on everything unfolding within and around your sphere of operation, extending beyond your core business. There are many iconic examples of companies that ended up closing down because they did not practice the "Why now?" routine—Kodak, Blackberry, Blockbuster, MySpace, to name a few. On the other hand, we see successful cases like Uber, which emerged during a recession and helped unemployed individuals earn an income. Knowing how to adjust the boat's heading in different directions is crucial for changing course if necessary. Don't hesitate to innovate and take risks; just ensure you're prepared to aim the arrow at the right place at the right time. This readiness is a prerequisite for survival. #VentureCapital #Innovation

You HAVE TO DISRUPT to scale & thrive - see real-case-why below 🔥and BIRTHDAY SPECIAL: Loving my birhtday week so far (Coldplay concert & won tickets to an event in Tokyo) & feeling excited about the birthday special I will send out tonight to everyone on my email list: 👉All my recorded courses & masterclasses on the SOUL2SALE business framework (literally great for 4,5,6+7 figure business owners) and 👉my super potent channeled protocols you can listen to on repeat that activate money, potential & unleash confidence & your authentic voice At wildly reduced prices! Only until Sunday 🔥My dear visionary entrepreneurs, artists and creators: As I'm constantly connecting to different industries, I wanna share a short recent story with you: Monday one of the world's top 4 battery brands and manufacturers based in Germany and listed at the stock exchange (incl huge manufacturing plant) filed for bankruptcy. This is one of the industries I worked in in my corporate sales & business development times managing a 30million € portfolio, so I know a thing or two about it. While there are always several reasons for such a decision, there is one factor I see that has not necessarily been mentioned in the news about the event. The company had tried over the past years to move into business sectors that hold potential for the future - which is great. Even though they investigated & decided to try different options, they stayed in what was/is already there. I call that "optimising innovation" vs "disruptive innovation" The latter would have been the better choice in my opinion. So instead of asking "who else needs my batteries or what is an extended use case?" The question needs to be "How will energy be consumed/stored/needed in 5, 10 and 20 yrs? Where we are today with everything in the world, you just cannot innovate anymore thinking about a 4.0 version of the existing. You need to disrupt to sustain & thrive. Another side learning: They filed for bankruptcy in a certain legal way that is supposed to lead to re-building the company and this version (introduced in Germany in 2021) leaves all current share holders with zero value. Basically investors lost millions over night. And once the company is allowed to collect fresh cash - which is part of the plan - the former shareholders are excluded from investigating again. Another reminder to A) diversify investments (as you know) B) look for visionary & disruptive projects & personalities that are future oriented and do some due diligence before you jump in of course And why we urgently need advanced economies = advanced business models For your business: When are you deciding to get unstuck from the "optimising innovation" and truly disrupt into true leadership front-running your industry? Drop 🔥 if you want access to the email with the Birthday specials & get ahead in your industry Love & Trust Judith TRUST TO DISRUPT #entrepreneurship #disruption #visionary #Leadership #personalgrowth

Jensen Huang's fireside chat with Patrick Collison was technically worth $999. Here are my 8 key takeaways for free 👇 : 1. Find the “zero billion dollar business.” Aka. Be a market maker, not a market taker. 2. Information is wealth. Jensen runs his company with that philosophy in mind. That means no 1 on 1s meetings and open communications with his entire C level team. 3. As CEO, he doesn't hold reporting meetings; instead, he focuses on problem-solving, vision-setting, and brainstorming meetings that guide the company's direction into new territories. 4. That being said, it doesn’t mean he’s not technical. Jensen knows his business inside out. From software to hardware to operations, he is deeply ‘technical’ and understands the language used at every language. He could easily hold a conversation with his engineer team even at the ground level. As the CEO of a company that employs more than 29,000 employees, Jensen still covers the product manager fundamentals. 5. For young founders: Stubbornness and determination can be a delicate balance. It’s important to constantly evaluate our goals and progress against our core values. Meanwhile, find small opportunities to monetize because they can keep our ventures afloat. 6. AI discussion: if you’re not actively engaged in AI, you’re doing it wrong. You won’t be replaced by AI, you’ll be replaced by someone who uses AI. Your company won’t lose to AI, it’ll lose to another company that uses AI. 7. “If you don’t have acne. I don’t think you deserve to start a company.” 8. "Young people, go be extraordinary,” was his parting advice. #entrepreneurship #socialentrepreneurs #startups

Gah, innovation clichés! 😱 Sadly, many meant something but got turned into religion 🙏 or crude sales tools 🤑. Like DVF. (DVF, aka "Desirability, Viability, & Feasibility" says: Make things that are Desirable to users, Viable as businesses, and Feasible operationally.") You may even buy it: "Oh yeah, just do DVF!" Sounds elegant, logical, simple! Building businesses must be easy! Nope. 🥵 Credible business building is hard work. 💡 Once, DVF helped orgs to reconnect with users, after getting so big that they'd lost touch. But now it often causes harm! In startups: DVF is not that easy! Many "unicorns" haven't even pulled it off. 🔥💰 See them burning money (thanks VCs)? Hardly Viable. In existing orgs: ⛔️ DVF misses Acceptability ("A"). (More here: https://lnkd.in/gQ2dwA86 ) You even get issues from thoughtful efforts: Many "unmet user needs" are "unmet" because they don't fit your org's business. User centricity is also no panacea. If "listening to users" isn't what blocks your org's innovation, then, if you propose it as a solve-all, people will blame it for "not working." 🤷♂️ Instead, 🔭 treat DVF like a vision: Hard. For the long haul. With small wins as you go. Check out my own suggestion on how. (Blog post link in comments.) Also see Ash Maurya's recent related post on the Two Equations of business building: https://lnkd.in/gR7P4nai #innovationcliches #innovationtheater #credibleinnovation #corporateinnovation #intrapreneurship === Hi, I'm Steffen. I write about making corporate innovation and innovation governance more credible. ➕ Follow me! I post Tue, Fri, and as cool topics pop up.

“Chase the vision, not the money; the money will end up following you.” This powerful message from Tony Hsieh captures the essence of our philosophy at Kakushin. In a fast-paced business world, it’s tempting to fixate solely on profits, yet true achievement stems from a compelling vision that fuels creativity and determination. At Kakushin, we empower startups to transform their initial concepts into flourishing brands through specialized business development, innovative AI technology, and seamless web and app development. By centering your actions around a strong vision, we guide you in taking impactful steps that resonate with your audience, bringing your aspirations to fruition. Our comprehensive support in business management not only motivates your team and stakeholders but also establishes a robust foundation that attracts sustainable financial success. Step into this journey with us, where your vision unlocks extraordinary revenue potential. Together, we can create businesses that are profitable, influential, and operate on a visionary level! #VisionFirst #Kakushin #StartupSuccess #InnovateForImpact #BusinessDevelopment #AI #BrandBuilding #Entrepreneurship #DreamBig

Here’s a counterintuitive thought: if you’re pitching an idea to risk-averse stakeholders, lower the stakes by painting an even bigger vision. People want to join you in imagining the future. But almost immediately, their fear and anxiety get activated. “But what about…?” “What if it fails?” “How would that make me look?” Directly overcoming those feelings requires predicting the unknowable — if we could know ahead of time if something would work, startups would never fail and A/B tests would win every time. Instead, paint a bigger vision. Connect it to the larger company strategy. Emphasize how it would dramatically improve key business drivers. A big vision can offer all the excitement and none of the baggage. Then, pull out your original idea and show how your (much smaller) idea is just a very small test of the value and viability of this bigger vision. Using the psychology of anchoring, we’ve lowered the stakes of our original idea by framing it relative to a much bigger vision. Of course we wouldn’t go all-in and build the whole big vision at once! But this one small piece of it? Seems safe enough. And if it works, how cool would that be!

Post #3: "The Innovator's Dilemma" by Clayton M. Christensen asks, "Are you prepared to innovate?"   👍 👍 👍 Christensen explains why successful companies often fail to innovate and how an entrepreneurial mindset can prevent this. Every company needs to conduct managed experiments, and recognize that most will fail—that's better than waiting for the company to fail. As he explains success in innovation is hard to predict, hence the need to run “experiments” all the time. ➡️ ➡️ ➡️ Jeff Bezos, restated this when he said, "What really matters is, companies that don't continue to experiment, companies that don't embrace failure, they eventually get in a desperate position where the only thing they can do is a Hail Mary bet at the very end of their corporate existence." ➡️ ➡️ ➡️ Blockbuster Video rental business died because they were not aware that technology changes made streaming possible. ➡️ ➡️ ➡️ Kodak, Nokia and other companies collapsed because they did not see how the convergence of technologies would impact their business, believing that “tomorrow will be like yesterday” 🔥 🔥 🔥 Are your senior leadership incentives driving away innovative ideas?🔥 🔥 🔥 ✅ Innovating effectively requires risk-taking. You have to embrace uncertainty. Companies must create an environment where experimentation is encouraged, and failure is seen as a learning opportunity. 👌🏾 Christensen is my favourite Professor for his ground-breaking thinking and how he explains it. He has several videos online. In the picture, I am watching him speak at a lecture in 2016. Sadly he passed away on 20 Jan 2020. 👌🏾 If you would like to know more, interact with my ChatGPT book, "9 Entrepreneurisms: Management Practice for a VUCA World," to learn more about fostering an entrepreneurial mindset in your company. See the comments for the link. Thanks to Srikrishna Vadrevu my coauthor, who rescued my book when I was stuck. #Entrepreneurship #Innovation #ZeroToOne #BusinessGrowth #9Entrepreneurisms

"Contrarian thinking" involves adopting a perspective different from the prevailing beliefs and questioning the status quo, identifying opportunities that others might overlook. By challenging conventional wisdom, we could uncover hidden value and unique opportunities that are not evident to others. Some examples that still inspire me today: - Peter Thiel: "Competition is for losers." Focus on creating monopolies instead of engaging in price wars. - Brian Chesky and Airbnb: Renting out a space in your home when no one believed strangers would stay. Today, Airbnb is a leader in hospitality. - Warren Buffett: His approach of buying stocks when everyone is selling and selling when everyone is buying, seizing opportunities others overlook due to market panic or euphoria. - Elon Musk: The opportunity to create a sports electric car when most believed electric cars were slow and unattractive. Additionally, launching rockets into space with a private company when this was considered impossible. - Cody Sanchez: Her strategy of investing in "boring" businesses like laundromats or parking lots, generating consistent and stable income while others chase trendy tech startups. These are just some of the examples that come to my mind, but something as simple as a question beyond the surface can unlock a lot of value. - What seemingly solved problem could benefit from a new solution? - What value could be found in what others consider useless or insignificant? - What current challenges could turn into significant opportunities if approached from a different perspective? These are just some of the questions that could guide you. Don't underestimate the power of questioning what everyone takes for granted. The next big idea could be hidden in what others consider impossible.