MyFax, the Internet fax service provider, has proven that you don’t necessarily have to invent an entirely new product to be successful. Instead, you can use the old and turn it into something new. MyFax took an old technology – faxing – and made it work better by allowing users to send and receive faxes [...]
How to Come Up with the Winning Business Ideas
Many entrepreneurs attained success because they invented a new product that consumers wanted. James Dyson attained huge success with his inventions, particularly the cyclone vaccuum cleaner. Mandy Haberman succeeded with her invention, the Anywayup Cup, which is a toddler’s drinking cup that can be turned upside down or shaken without spilling. But for every successful [...]
