Your Business Needs Careful Analysis and Data to Thrive

It was reported that Huawei spent about $22 billion on research and development (R&D) in 2020. Apple Inc. spent $18.75 billion on R&D in 2020. Equivalent to 7% of its net sales. The South Korean Conglomerate Samsung is the largest non-U.S. spender on R&D. Samsung spent ₩21,229.2 billion (equivalent $18.75 billion) in 2020, which constituted 9% of …

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Branding is Magical

Effective branding elevates a product or organization from being just one commodity amongst many identical commodities, to become something with a unique character and promise. Any company or individual that wants to build a world class product or service must understand that power of branding. Branding can turn a generic product into a powerful brand …

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Your Inventions and Ideas are Useless Until they Solve Problems for People

Many years ago, I watched an entrepreneurship program on the television. A young man met investors whose job in the program was to invest in unique business ideas or plans. The young man walked in with his various inventions and started bragging about the number of awards he won because of his inventions. He kept …

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