Inventor Vs Innovator — What Can Entrepreneurs Learn From Who Builds Vs Who Wins?

Let’s start with three key principles: Principle 1: Inventors create a technology. Innovators bring the technology in everyone’s hands. Sometimes inventors and innovators are the same people. More often they are not. You can guess who gets most of the credit and financial rewards. Principle 2: Corporates are great at scaling a market but terrible at creating a new market. Startups are the opposite. Startups are inherently battling against huge odds and it really boils down to execution — calibrating for customer’s expectations a good enough job done quickly is preferable to a great job done slowly. Principle 3: If…...