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Peloton wanted to build the iPhone but they should settle for the Android instead. Let’s find out Why?

With a fresh injection of $750M, Peloton is looking for multiple options. Past management has burnt through cash very quickly and there is an urgent to sensibly invest the cash cushion available and build the moat. The company is torn between Hardware and Software as the future. In this blog, I explore Peloton's failures, business model, and the future. Amazon, Nike, or Apple may fit the criterion for a perfect acquisition, which can lead to cross-selling other services to an existing user base of 3M customers.

Continue ReadingPeloton wanted to build the iPhone but they should settle for the Android instead. Let’s find out Why?
Read more about the article Myths of Innovation – Why problem definition is more important than finding solutions
Photo by Pixabay on Pexels.com

Myths of Innovation – Why problem definition is more important than finding solutions

The process of Innovation is challenging and somehow with working knowledge, we all know what is required to innovate. However, there are still some aspects and stories that can always inspire us. Myths of innovation solidified my knowledge about following the path of idea generation. Key, as Scott also states, is to have a lot of ideas tested and crossed out. You need to have a bank where you can always go and pick an idea from which to test and develop a hypothesis. The goal during idea generation is to think without constraints and filters. Once you have a substantial problem, follow the path of learning as much as possible before committing to a solution.

Continue ReadingMyths of Innovation – Why problem definition is more important than finding solutions