More Mental Models for Ideation

There are several more approaches to ideation for a startup.

Consider these mental models for your ideation process:

Move online — take offline interactions and move on to the web.

Roll-ups — acquire other companies into your company or into a new one.

Provide enabling technology — provide technology to an industry segment to reduce cost or increase productivity.

Commercialize patents — take technology sitting on the shelf such as at a university and commercialize it.

Spin off technology — take a successful internal technology and set it up as a stand-alone company.

Extend technology in the market — apply high-end technology to low-end applications to reach more users.

Picks, shovels, and Levis — provide the tools to other companies serving a customer.

Monetizing a network — build a business that takes advantage of channel access.

Consider these additional mental models for ideation in your startup.

 

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let’s go startup something today.

---

Thank you for joining your host Hall T. Martin with the Startup Funding Espresso — your daily shot of startup funding and investing.

For more episodes from Investor Connect, please visit the site at: http://investorconnect.org  

Check out our other podcasts here: https://investorconnect.org/ 
For Investors check out: https://tencapital.group/investor-landing/ 
For Startups check out: https://tencapital.group/company-landing/ 
For eGuides check out: https://tencapital.group/education/ 
For upcoming Events, check out https://tencapital.group/events/  

For Feedback please contact info@tencapital.group   

Please follow, share, and leave a review.

Music courtesy of Bensound.

Copyright (c) 2024, Hall Martin and investorconnect.org. All rights reserved.

Disclaimer:
Hall T Martin is the director of Investor Connect, which is a 501(c)(3) nonprofit dedicated to the education of investors for early-stage funding. All opinions expressed by Hall and podcast guests are solely their own opinions and do not reflect the opinion of Investor Connect. This podcast is for informational purposes only and should not be relied upon for the basis of investment decisions.