Comments on: How many innovations are carefully planned? https://berkonomics.com/?p=1930&utm_source=rss&utm_medium=rss&utm_campaign=how-many-innovations-are-carefully-planned Dave Berkus' business insights Tue, 11 Mar 2014 16:20:47 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Mike Stuhley https://berkonomics.com/?p=1930&cpage=1#comment-15350 Tue, 11 Mar 2014 16:20:47 +0000 https://berkonomics.com/?p=1930#comment-15350 Dave Berkus is right on as usual. I would only add that you have to figure out how you are going to be compensated for your innovation. How are you going to make money? Are the margins acceptable to you? Is the revenue repeatable? Defensible? If maximizing shareholder wealth is the goal, figuring out how to make money is an important hurdle in the process of starting a business.

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