Innovations Demystified

In business and in life it seems that I repeatedly run across three main types of people:

1. Those who create
2. Those who manage
3. Those who invest

Arguably, we all possess some parts of each category of talent, but ultimately one of these areas take over both professionally and personally.

From Nanotech, Genomics, Biotech, Robotics, Cleantech, and even the real discussions around Web 3.0 range from the conceptual to the executionally conceptual to many shades in-between...

Guess what? Those who invest obviously don't give a shit about what it means and how its done.

All the people pondering what it could mean are in category 1 (myself included), and until Zopa and Fundable-like things reinvent the financial capital industry (wishful thinking:), they have to beg the category 3 people to fund their projects.

What about category 2? Well, we bring them in once the category 3 people opened up their wallets. More about that rant in my post here.

So should the next breakthrough innovations be demystified?

Of course, but where's the fun(ding) in that?

Where is Your mind in Business Ecosystem

HI,

Today I thought I should blog about something which happens inside our minds when we get introduced to the business world and here are some of my findings --

Do you respect and grow the talent of your peers, or do you leverage it so you can shine?

-Do you have transparency with your vendors, or do you try to squeeze every drop of value from them until they move on and you find someone else?

-Do you feel good or bad when you’ve clearly exploited someone’s position to your benefit?

-Do you weaken or strengthen the power of the people around you?

-Do you still maintain relationships where you benefit much more than you contribute?

These are but a few questions that define whether or not you can play a more significant role in the global business ecosystem you participate in. As the world becomes more connected and thus transparent, the rules that apply to biological ecosystem apply here as well.

The big difference though is that in nature, parasitic, symbiotic and dynamic relationships are played by the same players without the possibility of moving up or down the change (apart from evolution over time). With people in business, the evolutionary cycles are faster and more immediate than ever, and growth is dependent on the ability to adopt to new mind shifts from “small timer” to major player.

The real question then is about your mentality. I’d written earlier about Landlord vs Trader mentality, but this is far more fundamental. It’s about nobility. The best definition of nobility I’ve hear to date is:

Nobility is not about how much better you are than someone else, but rather, how much better are you than your former self.

So now, truthfully ask yourself:

Are you just a bottom feeder, a leach, a coattail rider, a predator, or can you shift your mentality to be an integral part of the business ecosystem you play in? Your survivability in the bold new world might just depend on it

I hope that makes clear where we stand in this mind chakra

Thanks

Kunal

Does your Idea Still Counts...

We live in the age of ideas. It's ideas that make jeans worth $300 and water no longer available for free. The idea to brand relationships are fairly obvious. If not to all of us, at least to savvy marketers who use them to their advantage everyday.
Obviously, some ideas have a longer shelf life than others. The question is, do you know when yours is expiring?

-Ever since Google was up for IPO, everyone and their cousin tried their hand in the search game. From A9 to Chacha, cool technologies sit by the curb like the homeless begging for visitors to elevate them to "The Next Google". Do you really think that's going to happen, or did the destination site boat already sail?

-Wired recently had a post about the lamest social networks. Do I need to elaborate further about starting your own? Is it really about yet another community, or offering value wherever people may be connecting to each other?

-Even investing in The Internet as is might prove dangerous with increasing security threats as we migrate offline infrastructure systems online. Not to mention the inherent inefficiencies of distributing bandwidth hogging content like HD video that Bittorrent and others are trying to address.

See, in the current flux, the rate of change is faster than ever before. The moving parts intersecting cultural vibe, technical possibilities and the current geopolitical influence is exactly that: MOVING!

If you don't understand what moves and when, your brilliant idea might easily become the black hole of organizational and personal energy suck because the premise under which your idea originally bloomed no longer exists!

I hope your implement your idea as soon as possible.

Best of Luck

Kunal

Web 2.0 In our lives.

Hi,

Today while working on a client project in office I was wondering how imp is Web 2.0 for the business these days, Its been a common trend that whenever i am upset or tired I browse through Amazon.com and find things which I am dream of buying or something I want to buy.Social networking is again a big stress buster. Isnt it,it has become an important part of our lives.

I cant see my life going without internet for one day also,infact if for sometime my internet is not working I feel i am not well :( and while I was looking for numbers that how many buisness strive on web these days I got hold of these slides which exactly signify the importance of business striving on web these days.

Let me know what you think about this.

Thanks

Regards

Kunal

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Creating great products

Hi Everyone,

Today I saw this video and was thinking what goes in making of so creative and great products in this world. Well the answer is the creative thinking and an ability to Market the product to the world and convince them yes our product is the best. And apple has come a long way in proving this methadology to the whole world.

Again its all about pursuing a passion which Steve Jobs had when he started Apple,and till date his products are masterpeices and have a great fan following.

watch this video and tell me what you think what differentiates Steve Jobs with a budding entrepreneur like us.

Once you find an answer I say half the battle would be won.Rest of it we will win together.

Thanks

Kunal

Business Plan for our Startup BOOM...

Hello Everyone,

I got a great response from you people regarding what the poll is all about,though there were less votes but people were asking me what is this all about.Now after that I thought of putting together my Buisness Plan as promised last week and here is something I have got for you guys to check out.

Our startup is named boom!!!! Search, discuss, socialize and say boom!!!!!!!

Our work is based on designing an application based on advanced web services which would serve as an aggregator for all the discussion forums that exist on the entire web.

Isn’t that innovative, but the name of the game is to get revenues and make profits. Our entire Business model is based on getting advertisements which wouldn’t be any random advertisement but advertisements which are localized to the user or in other words we plan to do location based marketing pertaining to the discussions that Is happening in that time. We plan to associate ourselves with Amazon, Google and utilize Google local and other related service providers to generate revenue stream for our application.

I hope you guys like an idea..please post your comments about what all features you would like to see in this new social networking and we will try to include them for you.

Thanks

Kunal

Visual and Creative Thinking:What We Learned From Peter Pan and Willy Wonka

HI Friends,

I just now got back from Harrisburg Pennsylvania after spending some time of my spring break there. I must tell you I visited the Hersheys Chocalate factory and was quite amazed by the creativity they use in making chocalates. I must say a virtual tour through the factory was awesome and they used a great sense of imagination in designing that tour.

All throughout my driving back to College Park,i was thinking how people think so differently and in a creative manner which creates so amazing things in this world and as a result I found these great slides about exposing the innerself of your mind and getting creative.

Read them through and by the end you will definately feel a creative thought coming to your mind as happened with me :) which I will discuss in the next session.

Thanks and happy reading

Ciao

Kunal

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