Having the courage to try a new approach to a painful problem is rare. How do you make it easier to experiment with "strange" practices at work? Or as Noam Wakrat puts it: "The ability to adopt external solutions is vital for organizations aspiring to grow and innovate. Large companies often acquire innovative startups to integrate (or sometimes eliminate) new solutions within their existing frameworks. The challenge arises when the entity that acquires the innovation is not the one responsible for its implementation. This phase involves psychological hurdles — overcoming existing paradigms and allowing external innovations to take root. In simpler terms, it involves a lot of egos." https://lnkd.in/dVe3QHbd
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Innovation is often key to success at the Olympics — and in the workplace. Here are three principles to help you excel at work, from Michael Phelps, Simone Biles, and The Boys in the Boat. (From Entrepreneur)
How to win the gold at work
entrepreneur.com
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Don’t sprint! A start-up is a marathon Elite athletes and entrepreneurs have a lot in common - both demand fierce dedication, sharp skills, and solid support. But there’s a key difference. While Olympians face all-or-nothing pressure for one big moment, founders and CEOs get the luxury of time. Here’s why you should be glad you’re not competing in the start-up Olympics... 📚Find out more here: https://lnkd.in/eS6KXu9G Helm (formerly The Supper Club), @adamides #olympics #businessowner #startup #businessnews
Don’t sprint! A start-up is a marathon
https://elitebusinessmagazine.co.uk
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90% of all start-ups still fail. Surprising (or not?), but the number has hardly changed in recent years and I don't necessarily think that's a bad thing. I don't try to focus on " holding on" with every founder, but rather a culture of "fail early". I have seen many start-ups where it was obvious early on that the company would not be successful. I have also experienced this with some of my own co-foundings and investments and pulled the plug after a few months. In the end, it was always the right decision. Others have often continued to invest valuable time and money for years without it paying off. So: Struggle through? Yes, absolutely, if it is really promising. Otherwise, pivot quickly and realign yourself. Don't waste time, don't deny reality because you want it too much. Don't be afraid of failure.
Did you know that according to a recent report, 90% of startups fail? This statistic underscores the critical importance of resilience and innovation—two themes deeply intertwined in my racing career and my venture into the business world. I explored these during my speech at the TUM Speakers Series. This week, I had the honour of being part of this prestigious event, joining the ranks of past guests like Bill Gates, Sam Altman, and Luisa Neubauer. The energy was incredible, with around 1,000 enthusiastic students filling the Audimax, eager to discuss not just F1 but also sustainability and business. Here are three key learnings I shared with the students: 1. Put Effort into Your Mental Strength: Reflecting on my F1 journey, one of the most intense moments was during the final World Championship race in Abu Dhabi. My leg was shaking uncontrollably on the gas pedal—a situation so severe that I questioned if I could continue racing. This moment tested my mental strength to its limits. However, years of psychological training helped me overcome it. Without such mental preparation, I would have struggled to handle the immense pressure. 2. Learn from Inspiring People: Transitioning from F1 to business posed its own set of challenges that further tested my resilience. During the Q&A session, a former professional swimmer spoke about the risks of falling into a mental down after retiring. I could deeply empathize with his experience. The identity crisis of moving from "Nico the Racer" to finding a new purpose was intense. Engaging with inspiring individuals and diving into the world of business and innovation opened doors and reignited my passion. My advice is to actively seek inspiration and immerse yourself in new interests. 3. Promote Innovation: Finding a new purpose after my F1 career has been a long journey. I'm now fully focused on my work with Rosberg Ventures, which gives me a great sense of purpose, especially as we support some of the world's most impactful global startup innovations. Innovation is at the heart of addressing global challenges. It's not just about solving problems; it's about creating a better future. Talented people and groundbreaking ideas are essential, and institutions like TUM are hubs for such innovation. What strategies do you think are crucial for ensuring long-term success and resilience in any career path? Let's discuss this in the comments. #Innovation #Sustainability #FutureOfTravel #Hyperloop #TUM #RosbergPhilanthropies
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⚡️⚡️⚡️⚡️⚡️ The Super-Entrepreneurship Monday Post ⚡️⚡️⚡️⚡️⚡️ ✅ Tip of the week 🏅 8 Lessons from the Olympics for World Builders and Innovative Entrepreneurs 🏅 After an astonishing opening ceremony of the Olympic Games of Paris 2024, the pinnacle of global sportsmanship and human achievement has started. Here are 8 lessons that world builders and entrepreneurs can draw from the Olympics. 🔭 Vision and Ambition: The Olympics teach us the power of a clear, ambitious vision. Define your vision, inspire your team, and attract the right people to your mission. 🌐 Global Perspective: Embrace a global outlook. Understanding diverse markets and cultures is crucial for success in today’s interconnected world. 🏋️ Excellence and Continuous Improvement: Just like Olympic athletes, strive for excellence and never stop improving. Quality and innovation are your best allies. 🌪️ Adaptability and Resilience: The Olympics have faced and overcome countless challenges. Entrepreneurs must also be adaptable and resilient, ready to pivot and learn from setbacks. 🤝 Teamwork and Collaboration: Whether it’s team sports or individual events, the importance of collaboration is clear. Build a strong team and foster a culture of mutual support. 🚀 Innovation and Technology: The Olympics continuously embrace cutting-edge technology. Stay ahead of trends and leverage tech to drive your business forward. ⚖️ Ethics and Integrity: Uphold values of fairness and integrity. Ethical practices build trust and a solid reputation. 📣 Inspiring and Engaging Audiences: The Olympics captivate and inspire. Engage your audience with authentic storytelling and a focus on exceptional customer experiences. 👉🏻 Dive into the details in my latest article https://lnkd.in/eXNSaZhg ✅ Quote of the week "When my time on Earth is done, and my activities are assessed, I'd like to be remembered for improving the high jump, but even more for being innovative and willing to take risks to make things better." – Dick Fosbury, Olympic high jump gold medalist and innovator. ✅ Question of the week How can the relentless pursuit of excellence seen in the Olympics inspire your next groundbreaking innovation? Build the world you love. Fabrice 🙏🏽 Like it? Then, please share it with someone who needs to see it. 🙏🏽 #fabricetesta #Innovation #Entrepreneurship #Excellence #Inspiration #olympics #paris2024 🔥 Some useful links in the comments here below ⬇️
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🏅 Lessons from the Olympics for Start-Up Founders 🏅 As the excitement of the Olympics fills the air, I find myself reflecting on the incredible stories of athletes who embody the same spirit and resilience we need as founders and entrepreneurs. Here are three powerful Olympic moments that resonate deeply with our entrepreneurial journey: 🥇 1. Andre De Grasse and Usain Bolt's Iconic Smile In the 2016 Rio Olympics, Andre De Grasse and Usain Bolt shared a moment that became legendary. As they sprinted neck-and-neck in the 200m semifinal, they exchanged smiles, showcasing a mix of camaraderie and fierce competition. For us founders, this moment is a reminder that while competition is intense, there is room for mutual respect and joy in the journey. Let's not forget to build relationships and celebrate the small victories along the way. 🥈 2. Eddie the Eagle's Leap of Faith Eddie "The Eagle" Edwards' story is one of sheer determination. Despite the odds and limited resources, he pursued his dream of competing in the 1988 Winter Olympics as a ski jumper. His decision to go for the 90-meter jump, knowing he was an underdog, teaches us the power of taking risks. As entrepreneurs, we often face daunting challenges and uncertainties. Eddie's leap reminds us to embrace the unknown, take bold steps, and persevere regardless of the outcome. 🥉 3. Simone Biles' Courage to Prioritize Well-being Simone Biles, one of the greatest gymnasts of all time, made headlines in the Tokyo 2020 Olympics by stepping back to focus on her mental health. Her decision was a powerful statement on the importance of self-care and mental well-being. In the entrepreneurial world, we often push ourselves to the brink, ignoring our mental and physical health. Biles' story is a vital reminder that taking care of ourselves is essential for sustained success. These Olympic stories inspire us to push our limits, embrace competition, take risks, and prioritize our well-being. As we navigate our entrepreneurial journey, let's remember these lessons and strive to embody the same spirit of resilience and excellence. #Entrepreneurship #OlympicLessons #Resilience #WellBeing #Innovation #Startups #Inspiration #Leadership #FemaleFounder #TeachME #Edtech #Femtech
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Building a Startup is Like Attending Oktoberfest? 🚀 Step out of your comfort zone 🔄 Adapt to unexpected challenges 💪 Find your strength when things get tough 💡 Learn from your mistakes and keep going Curious how Oktoberfest and startups have more in common than you think? 🍺 Check out the latest article from our CEO Enrico Quaroni to find out why navigating the chaos of Munich’s biggest festival feels a lot like launching a business. Read more: https://lnkd.in/dmyTnVbs Enrico Quaroni #startup #scaleup #newbusiness #innovation #entrepreneurship
Building a Startup is Like Attending Oktoberfest
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Many people often discuss innovation and the impact of big ideas, but it is important to recognize that small changes can also make a significant difference and lead to meaningful progess. Love this: "Constant but simple innovation by iteration is an under valued approach." https://lnkd.in/dQjba7CV #innovatedifferently #tinyincrements
In the long run: What leaders can learn from an Olympic gold medalist
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Coming for a closer look no funny moves Technology advancement tools, are faster than men at discovery who are unaware stay informed about your future and look at the following Innovative invention. https://lnkd.in/eBBNrvFf Agree. Let’s connect. Getting a 3-D view of business start-up #Intrapreneurs
3.2M views · 82K reactions | Real life Ironman | 'Real Life Ironman' is going places 😯💨 | By LADbible Australia | Facebook
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This year's Skinnovation.io celebrated its 10th anniversary with a bang yesterday evening, starting with an inspiring keynote by Benedikt Böhm, extreme mountaineer and MD of Dynafit. His experiences draw striking parallels between climbing and entrepreneurship, a journey we're proud to share with Monkee - Saving. Rewarded.. Key Insights: Precision in Simplicity ⏱️🎒: Benedikt's speed climbing adventures, including carrying only 7.4kg of gear up the world’s 6th highest peak, highlight the importance of focus and simplicity. This philosophy also skyrocketed Dynafit's growth, by honing in on core products. Preparation Equals Success 🛤️💡: Success, in climbing or business, stems from meticulous preparation, not overnight efforts. The journey to expertise requires dedication, reminiscent of the 10,000-hour rule to mastery. Conquering Fear with Team Diversity 🤝🌈: An intriguing concept introduced was the "fear maps," which helped Benedikt and his team navigate their challenges by understanding and allocating their fears. This strategy ensured efficient leadership dynamics, underscoring the value of diverse founder teams in navigating the entrepreneurial landscape. 🌐 Skinnovation Networking: A Hub of Inspiration ⛷️ A shoutout to Kathrin Treutinger for founding this incredible platform!! 👀 Looking Ahead: Wouldn't it be great for some of our investors to also participate in this platform next year, meeting startups and fellow investors while skiing and sharing stories in mountain huts? 😉 Berthold Baurek-Karlic, Dag Ainsoo, Cristobal Alonso, Esther Younis, Jourdan Alexander-Younis, Zaid Al-Aifari, Matthias Kreuzriegler, Martin Hammerschmid, Tytus S. #Skinnovation #Entrepreneurship #Innovation #Startups
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Exciting changes for alphabeats! Jorrit DeVries is the new Global CEO. 🌎 "I'm honored to take the reins at alphabeats at this pivotal moment," says DeVries who joined the team a while ago as the company's Chief Commerical Officer and President of the 📍 U.S. office. “This is a natural transition as our commercial interests in the U.S. market grow and we pursue new form factors on the product and technology side,” says co-founder and previous CEO, Han Dirkx. “Jorrit’s track record in building markets for consumer electronics categories is critical as the conversation around neuroscience and performance becomes even more mainstream.” With this change, Dirkx transitions to Chief Operating Officer and is freed up to focus on product development, technology and research. 💪 This is just another step in alphabeat's growth journey and exciting things are ahead for the company including: 🤝 Growing its strategic partnerships with organizations like USA Triathlon 🏅 Supporting athletes with its #neurotech in the lead-up to the 2026 World Cup and 2028 Summer Olympics "Our mission remains the same: Empower everyone to master their mental performance by providing an innovative, accessible training platform. With this rockstar leadership team, we are well on our way to achieving it," says the team. 🎧 alphabeats' mind-training EEG headband uses music to help athletes get in an alpha state to reach peak mental performance. This means quicker recovery times, more deep focus time and improved reaction time. We can't wait to support alphabeats and its team in this growth journey! 🚀 For more information, click here > https://lnkd.in/dfu7-597 Andy, Sven, Dagmar, Sabine, Thomas, Meron, Federico, Pim, Henk, Jorge, Linn-Cecilie, Jur Vellema #innovation #startup #goodthingsarecoming #impactinvesting
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