The Macomb-OU INCubator has always been a powerful advocate of diversification for small businesses. Our Lean training programs even roll up under “Lean Diversification,” with the goal for course graduates to simplify processes using Lean tools and subsequently have the resources necessary for company diversification.
The recent inaugural Techweek Detroit conference featured Josh Linkner, four-time tech entrepreneur (including Founder and Former CEO/Chairman of ePrize, now Hello World), current CEO and managing partner of Detroit Venture Partners and a NY Time’s Bestselling Author. Linkner’s new book, “The Road to Reinvention: How to Drive Disruption and Accelerate Transformation” dives into the importance of not relying on prior successes as a future sustainability plan. Linkner refers to this as reinvention, Mac-OU INC calls it diversification. The same point remains of never settling and understanding that what might be working great now will need future improvements.