Innovation as a profit generator

At all times, innovative business development brought maximum profits. If you study the history of business, it becomes obvious that the greatest profits were carried by businesses whose essence is the embodiment and development of new ideas. This is due to the fact that the embodiment and development of new ideas leads to the emergence of new needs.

New needs are fashionable and cool. For the satisfaction of such a need, people are ready to pay money, big money. From here and earnings, very good earnings. On the old needs, too, you can earn, but usually very little. In order to earn a lot on old needs, you need to spend a lot of time. Continue reading →