Inventing a Better Mousetrap: It’s All in Perspective

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Entrepreneur Kari Block shares the 3 lessons she's learned about ‘perspective’ for entrepreneurial success.

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Inventing a Better Mousetrap: It’s All in Perspective

  1. 1. “Inventing a Better Mousetrap: It’s all in Perspective” Worthington Renaissance Hotel Fort Worth, Texas 1//12/13 11am-12pm
  2. 2. I’m here today to take you on an evolutionary journey of what’s really possible by thinking big…and starting small. It’s all in the perspective! -Albert Einstein @kariwblock #USASBE2014
  3. 3. The odds of success: • • • • 1 in 50 ideas becomes a business 1 in 20 that are funded see an initial public offering (IPO) 1 in 20 that are public achieve 1 billion in revenue. 30 companies reach 1 billion in revenues each year (10 yr. avg) [Standard & Poors Compustat, blueprint analysis: Blueprint to a Billion; David G. Thomson] @kariwblock #USASBE2014
  4. 4. So, what is it that helps us stay focused on success? Let’s talk about the intangible side of what it takes for an inventor to successfully bring a product or service idea to market, turn it into a category leader, and—from that—build a sustainable company that continues to financially outperform others. @kariwblock #USASBE2014
  5. 5. 3 lessons I’ve learned about ‘perspective’ for entrepreneurial success • You are capable of more than you might think. • You must know where you fit. • You must know when to say no. @kariwblock #USASBE2014
  6. 6. You are capable of more than you might think • Research shows that if you think you are lucky, you will be [Happiness Hypothesis] • When one continually questions ‘what’s possible’, anything's possible! “Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing it is stupid.” - Albert Einstein @kariwblock #USASBE2014
  7. 7. You must know where you fit • Finding out where one ‘fits in’ can be the most difficult questions in life aside from how do I get there? • In business, it’s finding your niche, and pushing forward with all the energy and resources you’ve got. @kariwblock #USASBE2014
  8. 8. You must know when to say no • Saying ‘no’ can be more critical to success than saying ‘yes.’ • Research shows that the most financially successful people spend time doing only the two things they do best • Knowing when to say ‘no’ becomes easy with the right framework @kariwblock #USASBE2014
  9. 9. Today I operate my business by building on these three lessons I’ve learned over time. I hope they’re a benefit to you too! • You are capable of more than you might think. • You must know where you fit. • You must know when to say no. @kariwblock #USASBE2014
  10. 10. Connect with Me @kariwblock KariWarbergBlock www.earth-kind.com #USASBE2014

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