The Innovation Quandary

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“When to press on and when to give up”

 

One thing is for certain. Everyone has an opinion. Some opinions are based on fact and truth and others are what they are…mere opinion that is based on a blink, emotion or an impulse. Some opinions are based on jealousy, obstruction and bad intentions. The key is being able to take the opinions and the data that can be contrived from them and using the information appropriately.

Whenever you try to innovate, achieve greatness or disrupt the status quo, you will experience resistance., warranted or not.

I’ll give you a few examples:

 

  • When trying to publish “The Cat in the Hat”, Dr. Suess was rejected by 22 different publishers.

 

  • Walt Disney was fired from his first job at a newspaper and was told that he was not creative enough.

 

  • Abraham Lincoln failed at running for office 5 times before being elected President.

 

  • Edison failed more than 1000 times before succeeding with the light bulb.

 

  • The folks at Shutter Stock were not able to raise investor capital and now boast over 100 Million in revenues.

 

  • Heck, I was told that I could not get published or be a best selling author and by the grace of God have proved others wrong.

 

However…….

While there will be people who mock you, ignore you, and even will go out of there way to thwart you, there are others who are actually providing you with sound advice or are trying to talk some sense into you.

The secret is deciphering between noise and actual constructive wisdom.

The solution is having a level of competence in your filed, combining that with a measure of confidence and self-belief in your endeavor, but also having an objective way to vet your ideas and innovations.

Here are a few tests (questions) to remember when Innovating and when taking a new idea (Product, Project, Service, Business….whatever) to market.

 

  • Where is the incremental proof of your concept?

 

  • Where is the authenticity behind your idea?

 

  • Are you solving a significant problem?

 

  • Can you protect it or get out ahead of everyone else?

 

  • Can you actually make it? Build it? Is it possible?

 

  • Is there a market for it?

 

  • Can you make it at a price where people will still want to buy it?

If you can answer yes to these, keep your head down, batten down the hatches and fight for your destiny! If not, then take a hard look at reevaluating your commitment to the endeavor. I once heard it said that in the innovative process, your money is like soldiers…..you send them out to take prisoners and to duplicate themselves……you don’t want to just send your soldiers out to die. If that’s what is happening, and you cannot answer positively to the questions above……….stop.

When innovating (creating an application or a service that provides a better solution)  you always walk a fine line between pressing on and pausing to recalibrate. I want to encourage you to pursue your dreams, but make sure you follow the test provided above and are listening to reason before making the sacrifices needed to innovate. Remember this….sometimes It takes more courage to quit than it does to keep going.

If you are wondering if your idea or your innovation is worth the sacrifices you will have to make, a great place to start is www.Ideashares.com where you can test your ideas for free.

Innovate on!

 

 

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