Note: This is Part 3 of a 3 part series — Part 1 | Part 2 | Part 3
One of the hardest things to do is to come up with a compelling idea for a new technology business. Here is the process that I use to help uncover hidden opportunities.
What type of person do you tend to hire? Rock Stars or Roadies? Eagles or Turkeys?
My favorite strategy is to hire roadies that want to become rock stars … hire turkeys that want to be eagles. » Read more: Rock Stars or Roadies? Eagles or Turkeys?
When I meet with aspiring entrepreneurs, I always ask them what type of business do they want – Asset or Baby?
Inexperienced entrepreneurs try to have it both ways. But it doesn’t work that way. Your business needs to be either an Asset or a Baby.