Wednesday, March 09, 2005

Got Amazon.com Invite

Yes I got the invite and am going to the function organized by Amazon.com in Bangalore.The talk is titled
"Building Blocks of Innovation" and yes I want people to know-to make innovation actually happen one has to be creative.Ideas are fleeting moments from which we can capture value - provided we write/register the idea some place for future reference and subsequent action.

My recipe for converting ideas into products/service or a combination of both is below :
  1. Know the costs of implementation and making a prototype.
  2. Show the prototype and demonstrate the product/service to people you trust for evaluation.
  3. Release a trial version
  4. gather feedback from actual users
  5. Price the product/service properly
  6. provide a no questions asked return guarantee/warrantee
  7. Introduce a subscription based following
Have been travelling a lot and thats why was unable to write more on this blog.Today's websites are:

  1. www.entreworld.org
  2. www.emkf.org

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