The Business of Innovation
I saw a good program at CNBC channel with this name. It is taking much of my attention and what is on my mind these day. Here are some points and quotes I've been taking from that as you see in the following:
Welcome to the business of innovation or the concept of innovation.
What is the innovation? It is a breakthrough, a new idea, something never seen before. What kind of person become an innovator? Innovators are not just innovating products. They are innovating every aspects of their life. That sounds they are like iconoclast, Like someone who breaks the rules.
I think everybody can be an iconoclast. The little kids play and do whatever they want to do till someone teach them the rules. The rules are part of the game. But how you can make a young person to return to those little kid free-mind thing.
You choose to be an innovator or otherwise to be in the sidelines.
Are you built for failure. Failure is the key. You have to fail and fail again. We think the brilliant invention of the world is by the people who have just one invention all at once. It's wrong. Of course not. They have a lot of inventions. The %99 percent of their inventions sucked.
It's always must be willingness to fail. That's the key issue. If you are afraid of failure, then how you can have crazy idea and come up with a new way to change things.
You want to be original innovator, embrace failure. Is it (the failure) the thing that most companies try to avoid. I think the companies hate innovators. Innovation is all about taking risks. Companies hate risks too. You see most companies employ those who are graduated from a good university with top scores. But those people are just good at there and nothing more.
Our schools produce people who are good at the multiple choices test. Is that how you are creating innovation? Is that on the test? It's not there. Innovation is original thought. That why most inventors in the history even thrown away from the ordinary schools and thought to be idiots at their childhood.
But how long a company stand for the failure?
What makes you special?
Maybe I am seeing what other people can't see. Maybe I can't see what others are seeing. But only whose discover this thing or the unique idea in himself or herself can participate in this game called innovation. It is managing between tensions and executing it on reality. Getting thing done and exploring possibilities to do thing in real situation.
An innovator is going to be a money maker. A great innovation can make some a great money.
Do you have to be an innovator to be a businessman or a businessman to be an innovator? I think if you have to be innovator you have to not think about what makes money next week. You can make money in twenty years gradually. Even sometimes you have to lose some money in way of achieving this. You have not to think about if I lose money, I'll get fired and be in trouble.
Sometime, having fun makes your mind work better and of course, at that state you can innovate. But, I think you have to be enough rich that helps you with this.
Innovate or Die
Change is coming. It always coming; but, now more than ever before. A flood in the market can impact business across the globe. It really is innovate or die?
A wheel was invented many year ago, but, you can make a new kind of a wheel though. Sometimes, you can other invention and other's experiences , too. Sometimes, you just can change old inventions. And this new change you are making to it 'causes it to be your invention. Reinventing invention can be your innovation.
Innovation is fundamentally about freedom and trust. It is what you can unleash. Innovation can shape the future of an industry.