Archive for the ‘innovation’ Category
This happened unsurprisingly in a judgment involving Apple, which brought the case alleging Samsung’s Galaxy Tab 10 infringed its iPad design. British Judge Birss disagreed saying Apple’s designs weren’t being infringed because Samsung’s product was not as “cool” as the iPad.
This can be watershed in jurisprudence.
- Do you solve a real problem?
- Do your family/friends support you?
- Will you sacrifice anything to make your business a success, putting normal life on hold?
- Are you prepared for a lonely journey?
- Are you resilient enough to listen to NOs/doubters/haters, but stay headstrong?
- Do you care about your customers/business as if it’s your baby?
- Have you got co-founders that share your passion/vision?
Entrepreneurship is living a few years of your life like most people won’t, so that you can spend the rest of your life like most people can’t.
One manager of a Best Buy store, who resembles Fidel Castro, leveraged this “asset” turning his store into the best performer. How? Revolutionary mode (called his store “La Revolucion,” posted “Declaracion de Revolucion” in the break room, made store supervisors wear army fatigues,…) and encouragement to whistle when employees do good things.
In Cuba, considered “Internet enemy” by Freedom House, Internet has only 14% penetration, served much like rationned food.
In 2010, Castro admitted he admired Internet and WikiLeaks’ influence on American government and agreed to have a Cuba-Jamaica-Venezuela fiber-optic line, increasing its connectivity 3000 times, but not for ordinary citizens.
Since the industrial age of 18th century, there was a steady rise of professionals and narrow specialization in medicine/science/education/etc.. Amateurism was driven out.
Pro-Am Revolution argues that in 21st century this historic trend is reversing.
Passionate amateurs who have vast knowledge/skills in a certain domain(s), often driven by confusion/lack of sought solutions, come up with new inventions gradually improving their quality, eventually ushering into high-quality products/services.
Where good ideas come from claims innovation originates in seven realms:
- Adjacent possibilities.Use existing components. Gutenberg used wine press for his printing press.
- Liquid networks. 21st-century cities and the Internet make it possible for informal networks to form, enabling idea cross-pollination/inventions.
- Slow hunch. It takes years for a hunch to evolve into an invention.
- Serendipity. LSD, Teflon, Viagra.
- (Unplanned/unexpected) errors. de Forest‘s development of audion diode/triode resulted from erroneous thinking.
- Exaption. Vacuum tubes were developed for long-distance telephone/radio transmission and later used in computers.
- Platforms. Development of TRANSIT, a precursor of GPS by Applied Physics Laboratory.
TED talk by Dan Cobley
- a=F/m (Anderson launched Accenture; Hoover is more than vacuum cleaner; why P&G keeps separate brands).
- Δx Δh ≥ 1/2 (McDonalds sells millions, while mothers talk about healthy life to their kids).
- You cannot prove a hypothesis through observation, you can only disprove it (scientific method) – BP spent millions building environment-friendly image and than one accident ruined it all; Toyota perceived as reliable and one big recall changed that image; Tiger Woods.
- Increasing entropy (2nd law of thermodynamics) – your brand is more and more dispersed; you can’t fight it; embrace it.