• 847 days Will The ECB Continue To Hike Rates?
  • 847 days Forbes: Aramco Remains Largest Company In The Middle East
  • 849 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,249 days Could Crypto Overtake Traditional Investment?
  • 1,254 days Americans Still Quitting Jobs At Record Pace
  • 1,256 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,259 days Is The Dollar Too Strong?
  • 1,259 days Big Tech Disappoints Investors on Earnings Calls
  • 1,260 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,262 days China Is Quietly Trying To Distance Itself From Russia
  • 1,262 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,266 days Crypto Investors Won Big In 2021
  • 1,266 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,267 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,269 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,270 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,273 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,274 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,274 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,276 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…

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…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

  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