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Turning Ideas Into Dollars (businessweek.com)
1 point by python_kiss on Feb 25, 2007 | hide | past | favorite | 1 comment



From the article: "Most attempts at innovation fail to generate enough payback. Payback means one thing-cash". In an earlier post on news.ycomb I suggested that a business is not a business if it does not generate money. The authors of the book "PayBack" insist that any innovation is pointless unless it leads to profit. I know a lot of people on this site are startup (co)founders; so I would like to encourage everyone to take a little time to atleast ramp up a business plan other than one that involves Google's adsense :)




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