Innovation Equations
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Transcript of 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
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.)
How to own market share
Smaller niche = Greater chance of dominance(Guy is the best 53 year old Hawaiian hockey player in Northern California)
Have a purpose
Make Meaning > Make MoneyFind your core value proposition.Mantra > Mission Statement
Mantras:Target = Democratize DesignGuy = Empower Entrepreneurs
On mission statements
Offsite at expensive resort + facilitator (lamaze Instructor named Moonbeam) + empty buzzwords(paradigms, partnerships, leadership, innovation)
= Mission Statement
Don't be afraid to polarize
Some people hate your product > nobody cares
Jump the curve
Bigger + better < game changingDon’t just improve on something that already exists. Do something entirely different.
Observed trends
Rich + famous ≠ smart
Rich + famous = lucky
How to pitch
10 slides + 20 minutes + 30 pt minimum font size(or the age of your oldest audience member ÷ 2)
On the existence of a higher power
Continued success of Apple = proof of God
(proof of the devil is found in other operating systems)
Timing
Bad time to launch a company you believe in = [null]
Good time to launch a company you don't believe in = [null]
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!)
Thanks → Guy Kawasaki+ Network Solutions+ Sonoma+ Twitter+ Charlotte Business Journal+ Everybody