The reliable way great conglomerates grew over time was by adding new products and buying new companies. IBM moved from mainframe to PCs.
New products, new markets, new investors, and new ways of doing things are the lifeblood of growth. And while each innovation carries potential risk, businesses that don't innovate will eventually diminish.
My inspiration for new products comes from moments in my life or what's happening around me.
We love curating; we love discovering new products and vintage pieces.
The market is so competitive. There are so many products that are similar. So we are forced to invest in innovative research in new products that are one or two years ahead of the market.
Here is a dirty little secret: Stock-picking is wildly overrated. Sure, it makes for great cocktail party chatter, and what is more fun than delving into a company's new products? But the truth is that individual stocks are riskier than broad indices.
About once a month, a vessel visits each of these clean-up systems, almost like a garbage truck of the ocean, would bring the plastic back to shore where it would then be processed and recycled into new products that we would then sell, at a premium, of course, because we could sell it as being made out of ocean plastic.
When we in our sector talk of the adoption of Indian consumers to new products and innovative ways of doing banking, they always exceed our expectations.
Working in a salon, you look at trends all day long. You're looking at color all the time, what new products are coming out. You're a part of the fashion industry, especially if you're working in a higher-end salon.
Programs like I-Corps get university and other federally-funded research translated more quickly into new products and new companies, creating American jobs and providing taxpayers a better return on their investment in science.
