inventing a better mousetrap: it’s all in perspective

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“Inventing a Better Mousetrap: It’s all in Perspective” Worthington Renaissance Hotel Fort Worth, Texas 1//12/13 11am-12pm

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Entrepreneur Kari Block shares the 3 lessons she's learned about ‘perspective’ for entrepreneurial success.

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Page 1: Inventing a Better Mousetrap: It’s All in Perspective

“Inventing a Better Mousetrap: It’s all in Perspective”

Worthington Renaissance Hotel Fort Worth, Texas

1//12/13 11am-12pm

Page 2: Inventing a Better Mousetrap: It’s All in Perspective

I’m here today to take you on an evolutionary journey of what’s really possible by thinking big…and starting small. It’s all in the perspective!

“Creativity is intelligence having fun”

-Albert Einstein

@kariwblock #USASBE2014

Page 3: Inventing a Better Mousetrap: It’s All in Perspective

@kariwblock #USASBE2014

The odds of success:

• 1 in 50 ideas becomes a business• 1 in 20 that are funded see an initial public offering (IPO)• 1 in 20 that are public achieve 1 billion in revenue.• 30 companies reach 1 billion in revenues each year (10 yr. avg)

[Standard & Poors Compustat, blueprint analysis: Blueprint to a Billion; David G. Thomson]

Page 4: Inventing a Better Mousetrap: It’s All in Perspective

So, what is it that helps us stay focused on success?

Let’s talk about the intangible side of what it takes for an inventor to successfully bring a product or service idea to market, turn it into a category leader, and—from that—build a sustainable company that continues to financially outperform others.

@kariwblock #USASBE2014

Page 5: Inventing a Better Mousetrap: It’s All in Perspective

3 lessons I’ve learned about ‘perspective’ for entrepreneurial success

• You are capable of more than you might think.• You must know where you fit.• You must know when to say no.

@kariwblock #USASBE2014

Page 6: Inventing a Better Mousetrap: It’s All in Perspective

You are capable of more than you might think

• Research shows that if you think you are lucky, you will be [Happiness Hypothesis]

• When one continually questions ‘what’s possible’, anything's possible!

“Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing it is stupid.” - Albert Einstein

@kariwblock #USASBE2014

Page 7: Inventing a Better Mousetrap: It’s All in Perspective

You must know where you fit

• Finding out where one ‘fits in’ can be the most difficult questions in life aside from how do I get there?• In business, it’s finding your niche, and pushing forward with all the energy and resources you’ve got.

@kariwblock #USASBE2014

Page 8: Inventing a Better Mousetrap: It’s All in Perspective

You must know when to say no

• Saying ‘no’ can be more critical to success than saying ‘yes.’• Research shows that the most financially successful people

spend time doing only the two things they do best• Knowing when to say ‘no’ becomes easy with the right

framework

@kariwblock #USASBE2014

Page 9: Inventing a Better Mousetrap: It’s All in Perspective

Today I operate my business by building on these three lessons I’ve learned over time. I hope they’re a benefit to you too!

• You are capable of more than you might think.• You must know where you fit.• You must know when to say no.

@kariwblock #USASBE2014

Page 10: Inventing a Better Mousetrap: It’s All in Perspective

Connect with Me

@kariwblock

KariWarbergBlock

#USASBE2014

www.earth-kind.com