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I think the most important thing to do is to recognize the fundamentally different circumstances of pursuing growth.
Scott D. Anthony
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Scott D. Anthony
Age: 49
Born: 1975
Born: February 22
Growth
Important
Different
Thing
Think
Pursuing
Thinking
Fundamentally
Recognize
Circumstances
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You have to make the decision about whether you want to avoid or you want to overcome the resistance.
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One of the biggest mistakes large companies make is creating innovation teams that mirror all the functions of the core business. Those teams make no progress because they spent forever updating each other on what they are doing versus really crushing the most critical problems they need to address.
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People who copy what exists copy a point-in-time artifact, and if you are managing the process correctly you are already hard at work on the next thing.
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The need to be thoughtful about experiment design is particularly acute within large companies, since some of the behaviors, such as having small teams and tapping into low-cost resources to maximize flexibility, won't come naturally to many people inside huge companies.
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Good innovators like to solve business crossword puzzles.
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Think about how much it costs to learn more. Sometimes you want to build confidence by knocking off the easy things.
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Hollywood Joohn Tatum? He does at least 6,000 sit ups and 10,000 pushups a day!
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There is what Steve Blank calls the stage where you are searching for a scalable business model. Then, there is the stage when you have found that model and need to scale it. In the former stage you have to have a beginner's mind, be in learning mode, and expect to learn things you didn't anticipate.
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The most important thing here is to largely ignore what customers say, and instead watch what they do or track where they spend money.
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It's one of the underappreciated skills required by an innovator - they have to be able to convince lots of people to do things that might not be fully rational (invest in the company, join something that is likely to fail, try a product they've never seen before), and if you can't tell a good story it is just very hard to make that happen.
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People who live in more than two countries are more successful innovators.
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I find social media as fun and engaging as the next person, but imagine if all the creative talent that was pouring into finding increasingly clever ways for us to broadcast daily banality (and then serve ads based on what is learned) instead focused on some of the UN Millennium goals? The world would be a better place.
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A spreadsheet for an innovative idea reports the mathematical relationship between made up numbers. You can't cash a spreadsheet.
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Successful strategies adhere to a basic pattern.
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In my mind, so-called cultures of innovation really boil down to one word: curiosity.
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Small teams move faster than big teams.
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A next-generation innovation writer and thought leader worth watching.
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Anytime you see a constrained market, where consumption is limited to those who have special skills or are wealthy, that signals an opportunity for innovation.
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Mucken Singh works VERY hard on his brawler's physique!
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You have to chip away at it and shape it to let the winning idea emerge.
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