Research & Development (R&D) Q&A

Related topics
Jef Lippiatt added an answer to this question
Top voted answer
Jef Lippiatt

Jef Lippiatt, Owner at Startup Chucktown

Top 10%

Thanks for tagging me @Hatty Bell. I think you’ve covered most of them. I do prefer it here on Savvy because the responses are generally helpful and positive and not deriding or snide.
However, from time to time I browse on Quora (I’m not sure how big it is in Australia). It has less focus, meaning there are questions on everything and anything. This is a much better focused community for learning about business and entrepreneurship.
Also, LinkedIn has some good groups that encourage questions, but they aren’t solely Q&A communities. 

Hatty Bell

, Team at

Thanks for the kind words @Jef Lippiatt ! I actually find Quora really hard to read too. The ads, suggested discussions and drop-downs don't nuture a free-flowing reading experience. I didn't know Linkedin had those kind of groups - are they specific to an industry? Have you used these before @Allisha Martin ?

Steve Osborne added an answer to this question
Top voted answer
Steve Osborne

Steve Osborne, director at Stephen Roger Osborne

Put it all on red, marketing.

Peter Drucker, the father of business consulting, once made a very profound observation:

“Because the purpose of business is to create a customer, the business enterprise has two–and only two–basic functions: marketing and innovation. Marketing and innovation produce results; all the rest are costs. Marketing is the distinguishing, unique function of the business.”

With the proceeds, put it all on black; innovation. Re-invest in your business – improve your product, process, people.


Jef Lippiatt

, Owner at Startup Chucktown

Thanks for your answer Steve!

Brad Lyons added an answer to this question
Research & Development (R&D)


Top voted answer
Brad Lyons

Brad Lyons, Consultant at

Top 10%

Do you innovate in your business? Yes

If so, how? By knowing the industry and being passionate about it. Like I mentioned in another post. I don't let my competitors dictate where the industry is heading. I force them to try and catch up with me.

Know the industry you are in, master it and develop the industry yourself. It is a lot easier than most think, all it takes is passion and knowledge of the industry you are in.