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15. Values of Mistakes in Innovation Processes Episode 15

15. Values of Mistakes in Innovation Processes

What is the value of mistakes in innovation and why people do not innovate more? They teach us to be the best in everything from the early days in our lives, but being a successful innovator means that you have to fail multiple times in order to get an excellent product or idea. Innovation really means that you're not afraid to fail, so let's talk about the values of mistakes.

· 34:02

🀯  A large number of products were discovered by a mistake. (Roundup, Play Dough, Men's Rogaine etc)  1:04
πŸ™ˆ Why are we so afraid of failure? 5:26
πŸ™ƒ Being A student or F student: Being a successful innovator means you have to have a ton of bad ideas. 9:11
✌️ Start off by thinking failure is good and don't let anybody limit your ability to come up with an idea.12:00
πŸ‘€ People who come up with ideas will get noticed by time. 13:42
☝️ There is a big difference between error in innovation and error in execution. 15:17
πŸ€“ Success can create additional problems. 18:49
😲 Success can breed overconfidence. 23:15
πŸ”΄ What happens if you get stuck in the 'Numbing effect of routine' with no adjustments of processes? 26:04
πŸ”Ž Examining the effects of a new idea or project, especially negative effects. 28:00
πŸ™‹β€β™‚οΈ Be boldly ready to raise your hand and offer up an idea. 31:49

πŸ“˜ Book 'A Whack on the Side of the Head'

πŸ“š David's book 'Grounded!'
: https://www.amazon.com/Grounded-David-L-Peterson/dp/1944340009/r


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