Innovation Equations

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Innovat ion Equatio ns Guy Kawasaki’s Art of Innovative Solutions Presentation (minus Guy Kawasaki, divided by 5 Gin & Tonics, plus 1 Day of Reflection, minus some aggressive editing, times a quite nicely laid out design if I do say so myself ;) = = a snappy little slideshow by budesigns

description

Some of my notes from Guy Kawasaki's talk on The Art of Innovative Solutions, 3/24/2008 at Sonoma, Charlotte, NC, Sponsored by Network Solutions.

Transcript of Innovation Equations

Page 1: Innovation Equations

Innovation Equations

Guy Kawasaki’s Art of Innovative Solutions Presentation (minus Guy Kawasaki, divided by 5 Gin & Tonics, plus 1 Day of Reflection, minus some aggressive editing, times a quite nicely laid out design if I do say so myself ;)

=

= a snappy little slideshow by budesigns

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On presenting

Great + Short > Suck + Long(Guy did run a bit long, but I don't think anyone cared, and he certainly didn't suck.)

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How to own market share

Smaller niche = Greater chance of dominance(Guy is the best 53 year old Hawaiian hockey player in Northern California)

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Have a purpose

Make Meaning > Make MoneyFind your core value proposition.Mantra > Mission Statement

Mantras:Target = Democratize DesignGuy = Empower Entrepreneurs

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On mission statements

Offsite at expensive resort + facilitator (lamaze Instructor named Moonbeam) + empty buzzwords(paradigms, partnerships, leadership, innovation)

= Mission Statement

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Don't be afraid to polarize

Some people hate your product > nobody cares

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Jump the curve

Bigger + better < game changingDon’t just improve on something that already exists. Do something entirely different.

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Observed trends

Rich + famous ≠ smart

Rich + famous = lucky

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How to pitch

10 slides + 20 minutes + 30 pt minimum font size(or the age of your oldest audience member ÷ 2)

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On the existence of a higher power

Continued success of Apple = proof of God

(proof of the devil is found in other operating systems)

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Timing

Bad time to launch a company you believe in = [null]

Good time to launch a company you don't believe in = [null]

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On hindsight

A couple billion here, a couple billion there... adds up.

(if you are ever offered the chance to interview for the CEO position at Yahoo in the 1990s… take it!)

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Thanks → Guy Kawasaki+ Network Solutions+ Sonoma+ Twitter+ Charlotte Business Journal+ Everybody