Innovation – Ideas Need to be Exploited

Here is an excellent quote from BusinessPundit, via Small Business Trends:

Entrepreneurs are people that exploit ideas by matching them to market needs, executing them despite scarce resources and designing a business model that makes the idea profitable.

This is a good follow-up of an earlier post I made on The Medici Effect, showing that having a good idea may be important, but follow-through is critical.

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