With the proliferation of Smartphones and the accompanying drop in prices of data, you can be connected to anyone, anywhere, at any time. Middle school children are demanding iPhones so they are able to text and connect with friends and social media networks, and Baby Boomers share Facetime with grandchildren across the country. A large portion of our society expects to be connected, and they are willing to pay the costs necessary to do so quickly and conveniently. Demand is such that innovators and entrepreneurs have moved into developing ways to connect without the inconvenience of having to hold a Smartphone in your hand. Welcome to the new and ever-expanding world of wearable technology.
Wednesday, July 9, 2014
Tuesday, June 24, 2014
Monday, June 2, 2014
My Kindergarten-age child is learning at school about energy use and the environment. She is quite concerned about our use of the car that drives her to and from school, and trips to the gas pump are met with troubled stares. “I wish there was a better way to drive,” she told me last week. “I think we are going to ruin the earth.”
My daughter is not alone in her concern. Overuse of fossil fuels and its resulting pollution scare a lot of people, no matter on what side of the political fence you stand. One solution proposed to allow us to maintain our car-dependent lifestyles while stabilizing the climate is the use of vehicles not completely dependent on gasoline. After years of false starts that forced consumers to fit their needs to the alternative-fuel car, Tesla Motors has developed vehicles that finally allow the dog to wag the tail. Tesla wants to change the world, and they just may be able to do it.
Thursday, May 15, 2014
If any doubt remained about the power of web application-based industry, they were wiped away by the recent news of Apple’s purported $3.2M takeover of the Dr. Dre-driven Beats Music, which is poised to provide the iTunes Radio service provider extra ammunition in its web-based rivalry against Pandora and Spotify for listener’s ears—and subscription and advertising dollars. How did virtual come to replace brick-and-mortar startups, with companies such as Netflix wiping Blockbuster Video out of existence, and what other innovative companies and clever entrepreneurs should be on our radar?
Monday, May 12, 2014
Exchange of goods and services happens every day around the world. Here are two scenarios in which it may occur.
1. The Middleman
I have an orange, and you want my orange. We agree that you can have my orange if you wash my car. You wash my car, and I give my orange to a stranger along with a dollar bill. That stranger hands the orange to you and keeps the dollar. You have been paid your one orange and the stranger has been paid a dollar for being the middleman in our transaction. This is how most of our monetary transactions currently happen.
2. Peer Exchange
I have an orange, and you want my orange. We agree that you can have my orange if you wash my car. You wash my car, and I give you the orange. No one has witnessed the transaction but the two of us, but we know I had an orange and gave it to you. No third party was involved, and we both got what we wanted: a sweet juicy orange and a clean car.
Thursday, April 10, 2014
The eyes of golf lovers worldwide are currently on the Augusta National Golf Club as Augusta, GA, hosts the 2014 Masters Golf Tournament. This ancient game, first thought to have been played by the Scots in the Fourteenth Century, is today much different than it was even a hundred years ago. Even novice golfers are playing better than ever before—the average handicap of golfers has decreased consistently over the past 15 years. What can account for this? Golf innovations have made playing easier, and recent equipment innovations have taken playing to a whole new level. Let’s look at the history of the basic rules and equipment used at the Masters Tournament today.
Friday, March 7, 2014
by Bill McHenry, President and CEO of Widgeteer, Inc.Synonyms: change, alteration, revolution, upheaval, transformation, metamorphosis, breakthrough.
in.no.va.tion (ine’vaSHen) noun: the action or process of innovating.
Everything that exists came from an idea. A seed that blossomed. A vision in the mind brought to life by will and determination in the heart to make that dream come true. From the simplest Widget to the Taj Mahal, it takes INNOVATION to create it…to see ways of improving upon that which already exists.
Innovation seems to be the buzz word of our generation…and there’s a good reason why. Read the definition. If we are not changing, altering, revolutionizing, up heaving, transforming, creating metamorphoses, and making breakthroughs, then we are stagnant and growth becomes stifled. We need to be innovating in order to be evolving.