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Brainfruit Chapter 1

Summary

The Stikfas Story: One man’s journey into the business of ideas. His story is unique yet the issues he has faced are shared by many who seek to build a company around their creative passion.

References

Key Concepts

  • Ideas people frequently have more than one ideas business.
  • Constraints can help provide a sharper focus on priorities.
  • Ideas people benefit when they learn to sell their ideas.
  • Value chains link people and companies that have different kinds of expertise.
  • Different risks affect each part of a value chain.
  • An idea can make money in several different value chains simultaneously.
  • Seeing the reaction of real customers is helpful to an ideas person who wants their ideas taken up in the world.
  • It takes a team of people with complementary skills to build a successful ideas business.
  • The structure of an ideas business reflects what its founders value.
  • Successful ideas businesses strike a balance among those different values.