Why Hobbypreneurs are Thriving: It is Cheaper and Easier to Make Things

Posted in TRENDS

The Intuit Future of Small Business Research report Today's Hobbyists are Tomorrow's Hobbypreneurs covers six key reasons hobbypreneurs are thriving. All are important drivers of the hobbypreneur trend. But in my view the main reason a growing number of hobbyists are turning their passions into businesses is the costs of creating professional grade products has [...]

The Next Decade's Growth Industries

Posted in TRENDS

The U.S. Bureau of labor Statistics released a report forecasting the industries that will experience the greatest job growth and declines over the next decade. Their top 10 growth industries are: Management, scientific and technical consulting services Offices of physicians Computer systems design and related services Other general merchandise stores Employment services Local government, excluding [...]

Reverse Innovation – Lessons From Emerging Markets

Posted in TRENDS

One Laptop Per Child's (OLPC) mission is to produce low cost laptops designed for children to use for educational purposes in the developing world. Their first product, the XO, was released in 2007. Because the XO was designed for the developing world, the price had to be very low. To keep costs down, OLPC built [...]
Solar Energy

Using Business Model Innovation to Sell Solar Energy


Solar energy is great.Sunlight is free, plentiful and clean.The problem is the cost of solar panels.It costs between $25,000 and $35,000 to install a solar photovoltaic system on the average house.This upfront cost is simply too high for most homeowners. To solve this problem several companies have started “solar as a service” programs that effectively [...]

Take Local Bigger with a Shop Local Campaign

Posted in LOCAL

Featuring your local ties can give you an advantage in local business. If you're ready to go bigger with this concept, start a Shop Local campaign. Do Shop Local campaigns work? The research says yes. Let's take Portland, Maine, as an example. In a 2007 survey to check the results of their project, more than [...]

A Coming Wave of Small-scale Manufacturing Innovation

Posted in TRENDS

Desktop manufacturing systems use 3D ink-jet printer technology to “print” an object by spraying layer upon layer of fine beads of plastic or resin. These beads build up to create a freestanding product. Desktop 3D printers, which are about the size of a desktop laser printer, have been around for a long time and are [...]

Innovation Lessons from the Printing Press

Posted in TRENDS

The invention of the movable type printing press in 1440 by Johannes Gutenberg is considered one of the greatest innovations of all time. Gutenberg's printing press revolutionized the creation and distribution of information and movable type presses are still in use today. The printing press is a great example of disruptive innovation, which is a [...]