1. Passion Trumps Expertise
We wrote about Meredith Perry back in our February 2013 newsletter. As a college student with no engineering experience and limited scientific background, she developed a potentially groundbreaking technology. This week, her company uBeam, inked $10M in Series A financing.
2. Resourcefulness Key to Execution
We all know about Detroit's woes and the bankruptcy that turned what was once one of America's most vibrant cities into a ghost of itself. Entrepreneur Andy Didorosi learned what resourcefulness truly means in a city with many obstacles and limited-to-no resources. Successful innovators are propelled by passion that fuels their ability to gain resources (money, people and time) and navigate uncertainty.
3. The Power of Small and Reverse Assumptions
Tyler Fishbone's idea may seem small, but it demonstrates that innovations don't always need to be large in scale. And he did this by reversing assumptions. He decided against road rage already by letting another car cut him off on the highway. But the when that driver showed no gratitude, an idea was born, and that led to a Kickstarter campaign.