This is a book about innovation and entrepreneurship, and how one small country, Israel, came to embody both. This is not a book about technology, even. START-UP NATION addresses the trillion dollar question: How is it that Israel – a country of million, only 60 years old, surrounded by enemies, in a constant. Editorial Reviews. From Publishers Weekly. Hampered by an Arab nation boycott that makes START-UP NATION is a timely book and a much-needed celebration of the entrepreneurial spirit." (Meg Whitman, former CEO of site).

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Start-Up Nation: The Story of Israel's Economic Miracle. Home · Start-Up Nation: The Story of Israel's Animal Nation: The True Story of Animals And Australia. Read "Start-up Nation The Story of Israel's Economic Miracle" by Dan Senor available from Rakuten Kobo. Sign up today and get $5 off your first download. Start-Up Nation Summary by Dan Senor and Saul Singer serve as an you a quick overview of the information you will get in their book.

You may have to agree to a marketing allowance, usually not more than 5 percent. The licensee may also want to amortize the capital costs of tooling if your invention has to be manufactured.

Start-Up Nation Summary

And never let them talk you into a royalty arrangement where they have to make a profit before you get your money. With this requirement, they either pay this amount or lose their exclusive rights to the product.

Something the market really wants already. Find a niche and fill it.

Start-up Nation

Streamline your operations. Example: Dell Sells over the internet, cutting out retail expenses Customer-financed just-in-time production of each computer Pays its suppliers on day terms Leverage technology This edge allows online retailers to keep costs low as opposed to their brick and mortar brethren.

Inventor, Frank Messano struggles through the patent process, creating the prototype himself and getting the door slammed in his face by manufacturers. He goes to a trade show where it is a hit and then gets the ensuing contracts.

Startup Nation Summary

Key moves Protected his product though patents, this also adds value. Due diligence on market research, new the industry well before approaching manufacturers.

Frank built the prototype himself. Patents The real power of a patent is in the claims section. You want the broadest claims that will stick and be passed by the patent office.

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A provisional patent will serve as a temporary placeholder that requires less money and information but is not seen by an examiner. What you claim in the provisional patent must be included in later full filing.

A provisional patent only lasts for one year. Patents last for 20 years from the filing, but there are specific dates and fee schedules that you must keep track of to keep your patent active during those 20 years. They are often ripe with ideas about future products and services. The strength of Israel was apparent since no other smaller nation had not even tried to manufacture sophisticated artillery and weapons.

In the late 20th century around , people migrated to Israel as a consequence of the Soviet Union breakup. The economic miracle that continues today in Israel is a result of smart decisions, rational system, and safe investments. Like this summary? Click To Tweet A Harvard University study shows that entrepreneurs who have failed in their previous enterprise have an almost one-in-five chance of success in their next start-up. Click To Tweet A reform happens when you change the policy of the government; a revolution happens when you change the mind-set of a country.

You always know where you stand with everyone. It does cut back on the time wasted on bullshit. Click To Tweet It is a story not just of talent but of tenacity, of insatiable questioning of authority, of determined informality, combined with a unique attitude toward failure, teamwork, mission, risk, and cross-disciplinary creativity.

Click To Tweet Our Critical Review Dan and Saul clarify Middle East economy, their systems, and entrepreneurs who overcame difficult challenges and examines how a country can distance itself from external influence and be a part of a more balanced and global business climate. Learn more and more, in the speed that the world demands. Take this summary with you and read anywhere!

All these start-ups are supported by the policies of the government, which believes that innovation is the key. Senor and Singer note that there are lessons to be learned by foreign entrepreneurs from Israel. With countries like USA struggling to rebuild their own ailing economies, the authors stress that this is the right time to look for ideas from this resilient nation. The authors find that compulsory military service for the youth has helped them to grow themselves as successful entrepreneurs with various skills.

Israeli soldiers have minimum of guidance from top, their rules are liberal, hierarchy is minimum, and are encouraged to take independent decisions. Israeli immigrants from all over the world have managed to start from scratch and re-build their lives.

The authors conclude that both Israel and the rest of the world have much to learn from each other. Policy makers and journalists from many countries find this book a useful guide for promoting entrepreneurship in their countries and have recommended the same to their governments.Israel does not have many natural resources, but the number of Israeli start-up companies that the country produces outnumber those by much larger nations like Canada, China, India, UK, Korea, and Japan - which are far more stable and peaceful nations.

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Rise and Kill First. Bill Bryson. You were right, on all three counts.

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