Friday, April 11, 2008

Getting Ideas Is The Easy Part: Here's What You Need For Innovation

Ideas, including good ones, come naturally to human beings. As Robert Tucker said: "Anyone who has ever taken a shower has had a good idea." But good ideas are only the starting point for innovation.

No less an authority than Joseph Schumpeter put it this way: "to carry any improvement into effect is a task entirely different from the inventing of it, and a task, moreover, requiring entirely different kinds of aptitudes." In other words, it takes work to turn good ideas into something helpful and profitable.

Get Ideas from Everywhere

Human beings naturally have good ideas. They'll share them with you if you let them. But if you shoot down or ridicule every new idea you hear, people will stop sharing ideas with you.

Companies that produce lots of innovation start with ideas. They encourage idea sharing. As Jack Welch recommends, they get every brain in the game.

They also know that most great ideas don't sound so great at first. Great ideas become great as people work at molding them and shaping them and stretching them into useful form.

To get as many ideas as possible, create a climate where people can share ideas. They won't all be great ones. But some will and that's all you need. The other advantage of getting ideas from everyone is that you'll benefit from ideas you didn't have to develop yourself.

Learning from Others

Not only do other people get lots and lots of ideas. Some of them take the time to work out the details that you wouldn't spend time on. My experience with yogurt is an example.

I love yogurt and my favorite is fruit-on-the-bottom. For years I figured I had two options. I could eat through the yogurt down to the fruit. Or I could stand there in the kitchen and mix the fruit and yogurt together by stirring with my spoon.

Then, one day, I was at a friend's house and I watched his daughter take a container of yogurt out of the refrigerator and shake it vigorously. "What are you doing?" I asked her.

The girl gave me a look that only a teenager can give to a slightly-subnormal adult. "Mixing up my yogurt." She was polite enough not to add the word, "stupid."

What a neat trick! Now I shake my yogurt to mix it. Why didn't I think of that? I probably could have analyzed the problem and come up with the shaking solution, but what I did was working OK, so I didn’t look for anything better.

Look around for innovations that others have created. Ideas that are almost sure to work are the best practices of other companies in your industry. But the breakthrough ideas often come from outside, from an industry that routinely solves a problem that's new to you. But, sometimes, innovations grow out of accidents or things that some curious soul happens to notice.

Hmmm, that's Interesting

Interesting things happen all the time. And they can become the source of innovation. But someone has to notice and take the next step.

At the National Institutes of Health, just like in laboratories around the world, researchers used frogs for experiments and often that involves surgery on the frogs. Researchers put the frogs away for the night in water that was filled with organisms that should have made the frogs sick.

But the frogs didn't get sick. Thousands of researchers for dozens of years thought nothing about that.

Then, in 1987, Dr. Michael Zasloff noticed and wondered why the frogs, with open wounds and in a septic environment weren't getting sick. I don't know what he said then, but I bet it was some variant of "Hmmm, that's interesting." That curiosity led Dr. Zasloff to the discovery of a new class of antibiotics, which he, being Jewish, named with the Hebrew word "Magainins."

The fact is that while everybody gets good ideas, not everyone is good at spotting a fortuitous coincidence and then doing the work necessary to turn it into something worthwhile. Japanese researchers Teruyasu Murakami and Takashi Nishiwaki found that only 5 percent of the people in most organizations are "idea creators." They suggest that a further 10 percent are idea supporters and promoters, but that 85 percent are "idea killers."

It's easy to spot the idea creators in your shop. They're the people who always want to find out why something works the way it does or try out an idea about improving a process. Put them together with supervisors who are idea supporters and promoters and they'll be an unending source of innovation. But they probably won't get it right the first time.

Inventors Don't Know Everything

You would think that the person who came up with a product idea or invention would be the best person to predict the uses for it. You'd be wrong. Thomas Edison is a good example.

When Thomas Edison introduced his phonograph in 1877 he could think of several uses for it. Why, you could record the last words of people who were about to die. You could teach spelling. You could make a talking clock. You could have a dictating machine for your office.

What wasn't important to Edison was using the phonograph to play music. Maybe it was because he had hearing problems, but Edison thought that the reproduction of music was a frivolous use of his wonderful invention and cheapened its image.

Other people didn't think the same way. They liked the idea of using the phonograph to play music. When they wanted to create an early jukebox that would play music at the drop of a coin, Edison objected. It took him almost twenty years to accept the fact that playing music was the use that mattered most to people, that mattered most to the market.

Don't fall in love with your technology. Don't think people will love what you love. Remember Edison and the phonograph. Remember Sony.

Sony was sure that their Beta format videocassette recorder would conquer the market and the world. It didn't, in part because the higher quality video that Beta offered was less important to customers and video rental stores than longer running time per cassette. In the end, the customer knows.

Get the Customers Involved.

Customers may not be able to tell you what spiffy new products and services they will like, but that's OK. They can tell you what their problems are. They can react knowledgably and helpfully to an idea you've got for a product or service. And they'll find ways to use your product that you never thought of.

This afternoon I was in the supermarket. A man near me was using his camera phone to beam a picture of a can back to his wife at home. After he sent the picture, he put the handset to his ear, "Is that the right one?" he asked. He listened, then picked the can off the shelf and put it in his basket.

The people who invented the camera feature for cell phones never imagined all the uses people put them to. My contractor uses his to check on a job across town without driving to see if an installation is done correctly. People take surreptitious photos in locker rooms. They take pictures of auto accidents to use later in court. And, my favorite, my daughter sends me a picture of my grandson, at his birthday party two time zones away, while the party is in progress.

Customers know best what works for them. That makes one of the best innovation strategies the simple one of getting the customers involved early.

Give it a Try, and Quick!

The company with perhaps the most amazing record of innovation over the last century is the 3M Company. William McKnight was hired as an assistant bookkeeper at 3M in 1907 for the princely sum of $11.55 per week. He rose to become president in 1929 and was chairman of the board from 1949 to 1966. In that time he created the innovation culture that made 3M famous.

As I was working on a way to close this piece, I discovered a collection of his sayings that seemed better than anything I could say. Here they are.

"Listen to anyone with an original idea, no matter how absurd it might seem at first."

"Encourage, don't nitpick. Let people run with an idea."

"If you put fences around people you get sheep. Give people the room they need."

"Give it a try, and quick!"

Entrepreneurs, Learn This Lesson: Don’t Sweat The Small Stuff

Many entrepreneurs crumble under the weight of pressure everyday business. Here are some great tips to tackle such pressures and focus on your business growth.

Is the pressure of being in business getting to you? Do you feel like you have the weight of the world on your shoulders? Do you lie awake nights with a thousand points of worry flashing through your poor, tired brain? Welcome, my friend, to the wonderful world of entrepreneurship. Come on now, you really didn’t think it was going to be that easy, did you?

Forget all those reasons you’ve heard as to why businesses fail. It’s the pressure of entrepreneurship that sends many folks running back to the supposed security of a real job. I’ve seen perfectly good businesses flushed down the tubes simply because the owner couldn’t handle the day-to-day pressure of keeping the doors open.

So I ask you again: is the pressure of being in business getting to you? Is worrying about your business taking up so much of your time that there’s no time left to actually work on the business? If so, take a deep breath and count to ten because there is hope. Here’s how I went from being a chronic worrier to someone who doesn’t sweat the small stuff. And that’s what most topics of worry are: small stuff.

The first step is to make a list of everything that’s worrying you. We’re discussing business here but if you’re worrying about personal things write those down, too. Do you have an employee who is giving you trouble? Are you afraid you can’t meet payroll next month? Are you worried about losing a big customer or not winning a big contract? Is your spouse unhappy with the number of hours you’re away from home? Write it all down.

Now divide what you’ve identified as worry topics into three categories: Past Worries (things you’re worrying about that have already happened), Present Worries (things that are happening now), and Future Worries (things that may happen in the future).

Now put a big fat X through all of the Past Worries and Future Worries you’ve listed. Forget the past. There’s nothing you can do about it now. Worrying about things that happened in the past is like a bald man pining over lost hair. If you owe someone an apology, apologize. If you owe someone a debt, make arrangements to pay it. If someone did you wrong either forgive or forget them. The past is history. Forget about it and move on.

The same is true for Future Worries. Why worry about something that hasn’t even happened yet or may never happen, at all? If there’s something looming on the horizon that is a valid point of worry you should have a plan to deal with it when it comes, not suffer in anticipation. Worrying about tomorrow today will drive you nuts. Forget the past and prepare for the future, but don’t waste time worrying about them.

Next divide the Present Worries into two subcategories: things you can do something about and things you can’t do anything about. Now put another big fat X through those things that you can’t do anything about. Worrying about things you can’t control is wasted worrying. You’re worried that a proposal you submitted won’t get accepted. You’re worried that a vendor might go out of business. You’re worried that a giant meteor is going to strike earth and that your building will be dead center in the strike zone.

You can’t do anything about these things except prepare to handle them if they do occur. In business you have enough legitimate things to worry about. Stop driving yourself crazy worrying about things you can’t control.

So now you have your list of present worry points that are within your control. Now prioritize them from most urgent to simply bothersome and create a plan to deal with each point. That’s right, instead of worrying about these things take a proactive stance and create a plan to do something about them. Face the monster head on. You’ll be surprised how much better you’ll sleep at night.

If you’re afraid you can’t meet payroll next month start looking for solutions today. Can you get a line of credit to see you through the lean times? Can you get extended terms with vendors that will free up cash? Can you find an investor who will put in the money and let you pay him back over time? Every problem has a solution. It may not be the solution you desire, but it will be a resolution that takes one thing off your plate.

Work through each point of worry until you have a plan to deal with each one. Then start dealing with them. And if you can’t do anything about an item mark it out as something you can’t control. This exercise will take some effort and discipline on your part, but trust me; you’ll immediately start sleeping better.

How To Increase Profit From Participating In An MLM Forum

An MLM forum is one where people in the MLM industry and those who are interested in joining converge. It is also an excellent way to meet prospects for your MLM business.

How to Increase Profit from Participating in an MLM Forum

Forum participation is a long-standing Internet marketing technique that you can also use to increase profit of your MLM business. In an MLM forum, the most important thing to do is making each word count!

Register an Account

Being a lurker would accomplish nothing for you. If you want to use an MLM forum to your advantage, register an account to have the ability to participate in the forumís various threads.

Create Your Profile

Take advantage of every description box provided, making sure to provide information that builds your credibility as an MLM business distributor. This doesnít mean you have the license to brag, of course, but rather, just include information that will people more inclined to like you and more importantly, trust you.

Upload your photo. This proves to people that you have nothing to hide. Of course, donít use photos with flamboyant poses or one that would make it more appropriate for a beauty contest. Remember: youíre aiming to win peopleís trust and not their admiration.

Lastly, be sure to provide all your contact details.

Create Your Signature

Most MLM forums let their members create and display their signature. It contains text and sometimes, graphics as well, that will help people remember the memberís identity. Use this space to post a short but simple invitation to visit your website and let them know what they can basically expect from it. You can also use this space to write more about yourself and your business then including a link to your website in the end.

Introduce Yourself

All MLM forums have a thread in which new members are encouraged to introduce themselves. Make sure to post your introduction here. Itís not just an exercise of common courtesy but also a good way of letting people know you exist and making new friends.

Read Forum Rules and Regulations

Every forum has them. Even if youíve long been participating in MLM forums, it wouldnít hurt to read the rules to avoid any possible violations. Keep these rules in mind. Everyone can properly market their MLM business in a forum without having to break rules.

Choose the Right Threads to Participate in

The quality of your response is definitely more important than the frequency of which you respond. Donít just post replies for the sake of replying. Contribute your opinion only when you have to. While itís okay to participate in all sorts of discussions, remember that the time you spend in forums is also supposed to help you in your business. Look for threads where you can provide significant contributions that are related to your MLM business.

Your answers will always be used by other members as a way of assessing your character and abilities. Naturally, you should aim to impress and convince them that it would be to their advantage to join you in your MLM business.

Donít Forget Your Manners

All sorts of people participate in MLM forums and there may come a time when youíll encounter a disagreeable sort. In such cases, donít allow the other person to provoke you. Remain courteous at all times and youíll win other peopleís respect.