Posts tagged innovation

Art entrepreneurs give great advice. We found ourselves nodding enthusiastically over every piece of advice culled from Fractured Atlas’ five 2014 Arts Entrepreneurship Awards Honorees. We especially liked this one from the founders of e-commerce site ofakind:

What is one piece of advice you would give to aspiring arts entrepreneurs?

“Think of yourself like a business. One that has to make more money than it spends. One that has to think about things like marketing, press, and balance sheets. Nobody benefits from you being a “starving artist”—not you, not your audience, and not your industry.”

The Shocking Discovery That Led to Disruption For This Entrepreneur

“We found out that a $60 T-shirt from any upscale brand cost about $8 to make. We thought, ‘Holy crap! That doesn’t sound right.’” everlane founder Michael Preysman

Via OPENForum.com: “Everlane: How a Shocking Discovery About Luxury Goods Led to Disruption

How to Find Inspiration in Unexpected Places

1. Visit an art museum. “Art museums take experiences of the world and capture them in new ways that express the human experience and human potential,” says consultant and speaker Erica Dhawan. “They’re also an unexpected place to match historical realities with ‘new ideas,’ allowing innovators a unique holding place to combine different perspectives. This is why I believe so many companies, like Apple’s offices, are designed to feel like an art museum.” Surrounding yourself with art can open up new worlds and new perspectives.

Via OPENForum.com: “6 Unexpected Places to Look for Innovative Ideas

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The SCAMPER method, invented by teaching expert Bob Eberle, is ideal for the kind of brainstorming that balances staying on point and letting everybody involved feel uninhibited as they come up with ideas. What does SCAMPER stand for? Substitute, Combine, Adapt, Minimize or maximize, Put to another use, Eliminate, Reverse or Rearrange.