5 DIFFERENTS QUESTIONS

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Still concerned that you haven’t been able to come up with a startup idea with high potential? Perhaps you just need a little more practice spotting ideas—these insights may become more evident when you get the hang of it. This chapter has provided a dozen innovative “thought starters” to get your creative juices flowing, from borrowing ideas, to cashing in on the sharing economy, to taking note of new technologies, just to name a few.

View the startup story presented in the video at:

https://www.youtube.com/watch?v=wg7Xg9uTIV4&feature=youtu.be. Identify one or more of the forms of innovative thinking (as described in the chapter) that led to the launch of the new business profiled. Then answer the questions that follow.

1- What other inspiring realizations helped Andrew Feld come up with the idea for his startup? List and rank them in order according to their impact and explain why you believe they had an impact.

2- Which innovative “thought starter” was the primary driver behind the launch of Fresh Patch? Can you identify any others mentioned in this chapter?

Watch the following video: “The Future of Family Business,” and then answer the questions that follow.

https://www.youtube.com/watch?v=_GczZDPdsAI.

3- What are some strong features of family businesses?
4- What challenges do family businesses face in the future?

Watch the following video: “Local (Indianapolis) Woman Leads Historic Family Business into New Age” at https://www.youtube.com/watch?v=i1Q7NV4hLks. Then answer the question that follows.

5- In what ways did Laura Sniadicki prepare herself to take over A.G. Maas Company from her mother?

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