Read the book that has launched 100's of companies: Nail It Then Scale It

What does it take to be an inventor and entrepreneur? Read the book that has launched 100's of companies: Nail It Then Scale It for the Entrepreneur.
The first lean startup book to help entrepreneurs through the process of launching a high-growth company. Nail It Then Scale It combines high-level principles and a step-by-step guide of what key actions successful entrepreneurs take to reduce risk and increase success. To get started download the free companion guide to the book, The Big Idea Canvas for FREE. This lean startup canvas will help you think through your idea from beginning to end.

Apr 5, 2012

1910 Electric Wheel is Reinvented by Siemens Corporation

In 1910 C. Berg patented an ingenious automobile part. His ideas was to put an electric motor inside each wheel hub. He states, "My improvement relates to an electrically propelled automobile of the type comprising a road wheel having a driving motor in its hub, and it is an object of my invention to provide such a motor wheel capable of operation in either direction at variable speed and without without sparking at the commutator."

World's 1st Electric Skateboard Powertrain


This in-wheel motor has been adapted into a skateboard wheel in the Eon
http://www.kickstarter.com/projects/rideunlimited/eon-by-unlimited-plug-and-play-electric-skateboard?ref=ksrfb



Stromer Electric Bike
Soon we will also have the Stromer the world’s first digitally connected e-bike. Featuring Omni, a fully integrated user-interface with real-time telemetrics, GSM, GPS, and Bluetooth connectivity, as well as the ability to communicate with and receive directions from smartphones via the Stromer app.



Siemens Corporation design for VDO eCorner in-wheel motor


Maybe Berg originally worked for Siemens 100 years ago, but fast forward 100 years and watch the following video to see how the Siemens VDO eCorner Project has improved on the original design by adding braking and steering all in one package.




Nail It Then Scale It on Page 20 Says:
”Innovations are usually defined as being smaller improvements of existing technology. Alternatively innovation can be defined based on the target it affects. So for example, innovations can be defined as innovations in revenue model, technology, service, process, product, or supply chain innovation. Alternatively, innovations have also been defined based on the process by which the innovation occurs, such as redefining the market, compressing the supply chain, mass customization, product bundling, consolidating markets and so forth. Read the Startup Book