UNIQUENESS
How unique is your idea? Is your product or idea better than the five million plus patented ideas and products already patented in the USA?


POTENTIAL
What's the market size of your idea or product? Is it large enough to support a scalable business?


SIMPLICITY
How simple is your idea? Is it a simple solution to a problem that can be commercialized?


INNOVATION
Innovation refers to incremental and emergent or radical and revolutionary changes in thinking, products, processes, or organizations. Is your product or idea innovative?

Famous Quotes

STEVE JOBS
CEO, APPLE

Innovation distinguishes
between a leader and a follower.”

welcome

Welcome to the Novel Entrepreneur by David Moore. This blog was started to give readers a sense of what entrepreneurs of scale, angel investors, and academia look for in business plans, ideas and innovative products. Enjoy!

more about David

A train is coming. Are you piloting the train, or are you on the tracks?

August 22, 2010 - Posted by admin in Innovation, Potential

All startup’s CEOs are in one of these two positions. You are either driving innovation, or getting run over by it.

Many times a company evolves into a different line of business and deals with different customers than intended.  I firmly believe this is because the CEO is driving innovation.  With a changing economy, you have to find a way to adapt your company to new lines of business.  You need to act fast, that train is coming.

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David Moore will be a guest speaker at the Young Professionals Lunch on August 18

August 18, 2010 - Posted by admin in Events

Enhancing Your 10 Year Plan:
Choosing, Finding & Developing Mentor Relationships

Charlotte’s business community is driven by relationships, seeking the right guidance and investing in relationships will accelerate and enhance your business and civic success.  Join us for lunch and have the opportunity to meet and learn from two of Charlotte’s most successful YPs and their mentors.

Guest Speakers
Damian Johnson, Co-Founder, No Grease, Inc.
David Moore, Founder and Chief Executive Officer, Direct Response Concepts, Inc.
Paul Solitario, Managing Partner, Tobin Solitario Investment Banking Group

Wednesday, August 18, 2010
11:30 a.m.  ::  Registration and Networking
12:00 – 1:00 p.m.  ::  Program and Lunch
Mez Restaurant
210 E. Trade Street, Suite E-290
Take the LYNX Blue Line or get your parking validated when you park in the EpiCentre garage located at 101 South College Street  - may be accessed from Trade Street or Fourth Street. Must bring your ticket with you to the lunch for validation.

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When to bring in a partner

August 16, 2010 - Posted by admin in Angel Investing, People, Potential

Many entrepreneurs are fearful of brining n a partner, or sharing equity in their companies. I too, have  fallen victim to this same feeling in the past.  So how do  you get past it? One question should do the trick?

Would you rather own 100% of a $100,000 business? Or would you rather own 50% of a $500,000 business? The answer is very obvious.

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