ideafaktory

Steve Quoted in Inc. Magazine: How Your Business Idea Can Help Save the World & Win $15 Million

XPrize is a pretty big deal, but does it actually work? Is the world finally saved? This article in Inc. Magazine explains. Read the whole thing, but here is Steve Faktor’s quote from the piece: “The person who is motivated by social good may not always be the best executive to take the idea forward to […]

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Shut Up, You’re Not Apple

At first, it was funny to hear insurers, IT firms, and startups with no revenues compare themselves to Apple. Since the iPod launched in 2001, I’ve seen hundreds of presentations that liberally use “learnings” from Apple. 1) The word is LESSONS, not “learnings”, my Hillbilly friend. 2) The comparison feels as fresh as that Michael Jackson impression your

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The 9 Corporate Personality Types And How to Inspire Them to Innovate

This is a repost of Steve Faktor’s original viral article on Forbes. In a way, innovation is like sex: those talking about it most are probably doing it the least. Before founding IdeaFaktory, I’ve had the privilege (and collateral hair loss) of innovating at top Fortune 100 firms, where ‘talk’ was unavoidable. So I decided to codify my lessons

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