• 683 days Will The ECB Continue To Hike Rates?
  • 683 days Forbes: Aramco Remains Largest Company In The Middle East
  • 685 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,085 days Could Crypto Overtake Traditional Investment?
  • 1,090 days Americans Still Quitting Jobs At Record Pace
  • 1,092 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,095 days Is The Dollar Too Strong?
  • 1,095 days Big Tech Disappoints Investors on Earnings Calls
  • 1,096 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,098 days China Is Quietly Trying To Distance Itself From Russia
  • 1,098 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,102 days Crypto Investors Won Big In 2021
  • 1,102 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,103 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,105 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,106 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,109 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,110 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,110 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,112 days Are NFTs About To Take Over Gaming?
Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

  1. Home
  2. Markets
  3. Other

How Do We Learn to Innovate?

How Do We Learn to Innovate?

With Charles Hugh Smith & Gordon T Long

32 Minutes - 24 Slides

Charles Hugh Smith and Gordon T Long discuss HOW WE LEARN TO INNOVATE.

HOW DO WE LEARN TO INNOVATE?

INNOVATION IS EQUAL PARTS:

ATTITUDE - INTELLIGENCE - CURIOSITY - "SWEAT'

INNOVATION IS 10% INSPIRATION, 90% PERSPIRATION


Innovation Can Be Learned

Light Bulbs

Steve Jobs learned to Innovate because of:

Attitude - He had a passion for something which he felt could be and needed to be changed,

Intelligence - He wasn't a genius. Few innovators are a genius but few innovators are stupid,

Curiosity - Jobs studied calligraphy out of curiosity - It became the foundation of GUI

Sweat - Jobs was a self described "obsessive driven workaholic"


Elements of Innovation

Auto Innovation

-- Innovation = solving problems,

  • Solving problems requires:
  • Deep knowledge of specific fields,
  • High level skills,
  • Experience and Cross-fertilization of different fields/skills.

-- Innovation = professional-level collaboration with other experienced people

-- Innovation = professional = accountable, good communication skills, trustworthy, able to learn new skills and fields

History of Wheels

-- The truly disruptive innovations

• Destroy costs (50% to 90% reductions) and

• Provide goods and services that are faster, better, cheaper

APPLE - iPod, iTunes, iPad, iPhone .... Changed Industries!

 

Back to homepage

Leave a comment

Leave a comment