Mon, 10 October 2022
More Mental Models for Ideation
Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.
There are several more approaches to ideation for a startup.
Consider these mental models for your ideation process:
Move online -- take offline interactions and move on to the web.
Roll-ups -- acquire other companies into your company or into a new one.
Provide enabling technology -- provide technology to an industry segment to reduce cost or increase productivity.
Commercialize patents -- take technology sitting on the shelf such as at a university and commercialize it.
Spin off technology -- take a successful internal technology and set it up as a stand-alone company.
Extend technology in the market -- apply high-end technology to low-end applications to reach more users.
Picks, shovels, and Levis -- provide the tools to other companies serving a customer.
Monetizing a network -- build a business that takes advantage of channel access.
Consider these additional mental models for ideation in your startup.
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Category:general -- posted at: 5:00am CDT