How to Breed an Innovative Business Idea — #1 of 31 Proven Skills [Research]
[SEE COMPLETE LIST OF SKILLS BELOW]
Skill #1: Appreciate the Full Scope of the 31 Skills
The essence of being innovative is that you achieve something whose tangible value significantly exceeds the effort you put in. As illustrated above, whatever the aggregate cost of the input resources you draw upon, the output value of the resultant innovative idea should dwarf them.
While such outcomes may often be fortuitous, it is possible to generate them intentionally. Doing so requires knowledge of how innovative value comes about. This knowledge appreciates that the means (resources) by which we innovate are pervasive and we can employ them in various ways. In fact, from studies of thousands of successful business ideas, 31 distinct personal strategies emerge. These are listed below.
Superior mastery in generating innovative business ideas requires an appreciation of the full scope of the strategies available. Although each of the 31 skills formulated is self-contained and can be executed on its own, we acquire proficiency and certainty in breeding innovative business ideas by using a multimodal approach. Such orchestration necessitates a blending of not only the strategies available but also of the discrete elements of each skill. It is therefore very advantageous to comprehend the entire anatomy of what you can do. As familiarity increases, so does command of the innovative outcome.
THE LIST OF 31 INNOVATIVE SKILLS
ADOPT AN INNOVATIVE MINDSET
Skill #1 Appreciate the Full Scope of the 31 Skills
Skill #2 Recognize What You Can Do
Skill #3 Navigate the Idea Universe
Skill #4 Install ‘Small Effort — Big Result as the Litmus Test for Innovating
Skill #5 Adopt an Unequal Input-Output Equation to Guide Your Efforts
Skill #6 Assume That All Resources — Even Waste — Contain Innovative Potential
Skill #7 Copy from Observation or Create through Generation
INNOVATE BY COPYING A CAPABILITY
Skill #8 Copy by Observing People
Skill #9 Copy by Observing Things
Skill #10 Copy by Observing Yourself
Skill #11 Copy by Observing Best Practice
INNOVATE BY CREATING A CAPABILITY
Create from Initiating Resources
Skill #12 Extend a Resource to Do More Than It Normally Does
Skill #13 Multiply a Resource to Do Something in Addition to What It Normally Does
Skill #14 Vary a Resource to Do Something Different from What It Normally Does
Skill #15 Eliminate Process Resources to Deliver a Better Result
Skill #16 Improve the First Process Resource to Deliver a Better Result
Skill #17 Squeeze Process Resources to Deliver a Better Result
Skill #18 Limit the Available Resources to Deliver a Better Result
Create from Responding Resources
Skill #19 Stimulate People to Do More of What They are Already Inclined to Do
Skill #20 Energize Things To Do More Than Normal
Create from Transition Resources
Skill #21 Align Resources to Suggest the Desired People Result
Skill #22 Link Resources to Encourage the Desired People Result
Skill #23 Integrate Resources to Compel the Desired People Result
Skill #24 Integrate Resources to Compel the Desired Things Result
INNOVATE THROUGH THE PROBLEM
Skill #25 See the Problem as the Pathway
Skill #26 Tackle Problems with a Multi-Pronged Approach
Skill #27 Avoid the Undesired Effect of a Problem Cause
Skill #28 Prevent the Problem Cause from Having the Undesired Effect
Skill #29 Eliminate the Problem Cause
Skill #30 Transform the Negative Problem Cause into a Positive Effect
