In business, there is nothing more exciting than a talented group of founders with a shared vision who succeed in building a business that has enormous impact. Disruption is a powerful force that positively impacts society. Innovative companies are making an incredible contribution to society by saving lives, providing solutions to some of our society’s most pressing problems or offering products and services that provide great utility. Those societies that innovate will reap the benefits whilst there will be significant headwinds for countries that don’t embrace innovation.
Historically, innovation has been built upon a specific technological development, such as the invention of the printing press, steam engine or electricity. In our era, the primary form of innovation is via software-enabled business models that are immediately accessible to the entire world via the ubiquity of the Internet. Much of this innovation is being generated by venture capital backed start-ups, founded by visionary entrepreneurs with the self-belief and capability to transform their ideas into important businesses.