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How to Turn Old Ideas into New Innovations

How to Turn Old Ideas into New Innovations

The iPod irrevocably changed the way people listen to music. The design, the functionality, and the wheel influenced the way consumers interact with their favorite artists. Today, the iPod is hailed as one of the most important innovations of the past 25 years. Yet, the iPod offered consumers nothing inherently new.

By the time the iPod arrived on the scene in 2001, mp3 players were old technology. In today’s tech terms, they were ancient. The first portable mp3 players showed up on the market in 1998, and there were 50 different portable mp3 players available for purchase before the iPod came into the market. Basically, Apple added a wheel, but it did not reinvent it. Rather, it innovated an old idea and turned it into something that everyone would come to love. What is more, Apple did not stop. It kept going.

Apple entered an established market and re-invented it. Today’s most successful entrepreneurs will take lessons from what was once America’s most valuable company by learning how to turn old ideas into sparkling new innovations.

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Here’s how:

Skip the Foundation

Marketing has consumers under the assumption that every new innovation is unique from inception. It is not true. Innovation builds on an existing concept or product and then re-imagines it out in the world. In fact, most innovation that has changed the way we work and live today is just a new combination of or iteration of old ideas.

Take something basic that almost everyone has in their home, like kettles. The electric kettle was based on the old stovetop kettle. Add electricity, and now you can boil more water in less time. However, that was not the end of the road for the electric kettle. Years later, someone developed a prototype based on that electric kettle that allowed tea fanatics to set the temperature they desired. They even created a function to keep the water at that precise temperature for specific period of time. Nowadays, there are new gadgets allowing you to brew tea in your kettle at the right temperature and time. Suddenly, a basic and utilitarian adaptation of an old concept like the kettle became a new, exciting product selling for hundreds of dollars in high-end department stores and specialty shops.

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What does this mean for entrepreneurs? It means that innovation means building on an existing foundation and innovating to find a better product. Whether you add new capabilities, include new technologies (an internet-connected kettle, anyone?), or even re-vamp the design into something more beautiful, innovation simply requires adding a single new idea that makes the old idea more meaningful.

Make It Useful

The world is currently on the precipice of several game-changing breakthroughs. One of the biggest breakthroughs in the next ten to twenty years will be in artificial intelligence.

While history will remember the pioneers behind AI, the truth is the average person will not. In fact, the developers of AI, just like the developers of the internet, will be written into history as a specialist interest, not as the global, game-changing pioneers of the future that they really are. Why? Because innovation is simply not about brand new ideas, it is about making them useful for the average person.

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The people who develop programs, applications and products that allow the general public to use AI in ways that are meaningful to their everyday lives, are the ones whose names you will know in 20 years. Although AI will change the world, these entrepreneurs are the ones who will make it change your world. That is why they will be remembered. It is also why they will be able to build lasting brands and achieve financial success.

Take this into consideration when you are looking to develop a new idea. Instead of playing the role of Nikola Tesla, play the role of Elon Musk. Worry less about inventing electricity. Worry more about using that technology to power your car. Look out for ways to apply new technologies, or even old technologies, in new and innovative ways that will impact lives.

Innovation is key for developing the next big product, but do not put too much pressure on yourself to be Tim Berners-Lee – he invented the world wide web. Instead, aim to be the next Mark Zuckerberg, whose name requires no further explanation.

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The wheel is already there, do not reinvent it. Re-imagine it.

Featured photo credit: Viktor Hanacek via picjumbo.com

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Last Updated on August 16, 2018

10 Huge Differences Between A Boss And A Leader

10 Huge Differences Between A Boss And A Leader

When you try to think of a leader at your place of work, you might think of your boss – you know, the supervisor in the tasteful office down the hall.

However, bosses are not the only leaders in the office, and not every boss has mastered the art of excellent leadership. Maybe the best leader you know is the co-worker sitting at the desk next to yours who is always willing to loan out her stapler and help you problem solve.

You see, a boss’ main priority is to efficiently cross items off of the corporate to-do list, while a true leader both completes tasks and works to empower and motivate the people he or she interacts with on a daily basis.

A leader is someone who works to improve things instead of focusing on the negatives. People acknowledge the authority of a boss, but people cherish a true leader.

Puzzled about what it takes to be a great leader? Let’s take a look at the difference between a boss and a leader, and why cultivating quality leadership skills is essential for people who really want to make a positive impact.

1. Leaders are compassionate human beings; bosses are cold.

It can be easy to equate professionalism with robot-like impersonal behavior. Many bosses stay holed up in their offices and barely ever interact with staff.

Even if your schedule is packed, you should always make time to reach out to the people around you. Remember that when you ask someone to share how they are feeling, you should be prepared to be vulnerable and open in your communication as well.

Does acting human at the office sound silly? It’s not.

A lack of compassion in the office leads to psychological turmoil, whereas positive connection leads to healthier staff.[1]

If people feel that you are being open, honest and compassionate with them, they will feel able to approach your office with what is on their minds, leading to a more productive and stress-free work environment.

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2. Leaders say “we”; bosses say “I”.

Practice developing a team-first mentality when thinking and speaking. In meetings, talk about trying to meet deadlines as a team instead of using accusatory “you” phrases. This makes it clear that you are a part of the team, too, and that you are willing to work hard and support your team members.

Let me explain:

A “we” mentality shifts the office dynamic from “trying to make the boss happy” to a spirit of teamwork, goal-setting, and accomplishment.

A “we” mentality allows for the accountability and community that is essential in the modern day workplace.

3. Leaders develop and invest in people; bosses use people.

Unfortunately, many office climates involve people using others to get what they want or to climb the corporate ladder. This is another example of the “me first” mentality that is so toxic in both office environments and personal relationships.

Instead of using others or focusing on your needs, think about how you can help other people grow.

Use your building blocks of compassion and team-mentality to stay attuned to the needs of others note the areas in which you can help them develop. A great leader wants to see his or her people flourish.

Make a list of ways you can invest in your team members to help them develop personally and professionally, and then take action!

4. Leaders respect people; bosses are fear-mongering.

Earning respect from everyone on your team will take time and commitment, but the rewards are worth every ounce of effort.

A boss who is a poor leader may try to control the office through fear and bully-like behavior. Employees who are petrified about their performance or who feel overwhelmed and stressed by unfair deadlines are probably working for a boss who uses a fear system instead of a respect system.

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What’s the bottom line?

Work to build respect among your team by treating everyone with fairness and kindness. Maintain a positive tone and stay reliable for those who approach you for help.

5. Leaders give credit where it’s due; bosses only take credits.

Looking for specific ways to gain respect from your colleagues and employees? There is no better place to start than with the simple act of giving credit where it is due.

Don’t be tempted to take credit for things you didn’t do, and always go above and beyond to generously acknowledge those who worked on a project and performed well.

You might be wondering how you can get started:

  • Begin by simply noticing which team member contributes what during your next project at work.
  • If possible, make mental notes. Remember that these notes should not be about ways in which team members are failing, but about ways in which they are excelling.
  • Depending on your leadership style, let people know how well they are doing either in private one-on-one meetings or in a group setting. Be honest and generous in your communication about a person’s performance.

6. Leaders see delegation as their best friend; bosses see it as an enemy.

If delegation is a leader’s best friend, then micromanagement is the enemy.

Delegation equates to trust and micromanagement equates to distrust. Nothing is more frustrating for an employee than feeling that his or her every movement is being critically observed.

Encourage trust in your office by delegating important tasks and acknowledging that your people are capable, smart individuals who can succeed!

Delegation is a great way to cash in on the positive benefits of a psychological phenomenon called a self-fulfilling prophecy. In a self-fulfilling prophecy, a person’s expectations of another person can cause the expectations to be fulfilled.[2]

In other words, if you truly believe that your team member can handle a project or task, he or she is more likely to deliver.

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Learn how to delegate in my other article:

How to Delegate Work (the Definitive Guide for Successful Leaders)

7. Leaders work hard; bosses let others do the work.

Delegation is not an excuse to get out of hard work. Instead of telling people to go accomplish the hardest work alone, make it clear that you are willing to pitch in and help with the hardest work of all when the need arises.

Here’s the deal:

Showing others that you work hard sets the tone for your whole team and will spur them on to greatness.

The next time you catch yourself telling someone to “go”, a.k.a accomplish a difficult task alone, change your phrasing to “let’s go”, showing that you are totally willing to help and support.

8. Leaders think long-term; bosses think short-term.

A leader who only utilizes short-term thinking is someone who cannot be prepared or organized for the future. Your colleagues or staff members need to know that they can trust you to have a handle on things not just this week, but next month or even next year.

Display your long-term thinking skills in group talks and meetings by sharing long-term hopes or concerns. Create plans for possible scenarios and be prepared for emergencies.

For example, if you know that you are losing someone on your team in a few months, be prepared to share a clear plan of how you and the remaining team members can best handle the change and workload until someone new is hired.

9. Leaders are like your colleagues; bosses are just bosses.

Another word for colleague is collaborator. Make sure your team knows that you are “one of them” and that you want to collaborate or work side by side.

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Not getting involved in the going ons of the office is a mistake because you will miss out on development and connection opportunities.

As our regular readers know, I love to remind people of the importance of building routines into each day. Create a routine that encourages you to leave your isolated office and collaborate with others. Spark healthy habits that benefit both you and your co-workers.

10. Leaders put people first; bosses put results first.

Bosses without crucial leadership training may focus on process and results instead of people. They may stick to a pre-set systems playbook even when employees voice new ideas or concerns.

Ignoring people’s opinions for the sake of company tradition like this is never truly beneficial to an organization.

Here’s what I mean by process over people:

Some organizations focus on proper structures or systems as their greatest assets instead of people. I believe that people lend real value to an organization, and that focusing on the development of people is a key ingredient for success in leadership.

Learning to be a leader is an ongoing adventure.

This list of differences makes it clear that, unlike an ordinary boss, a leader is able to be compassionate, inclusive, generous, and hard-working for the good of the team.

Instead of being a stereotypical scary or micromanaging-obsessed boss, a quality leader is able to establish an atmosphere of respect and collaboration.

Whether you are new to your work environment or a seasoned administrator, these leadership traits will help you get a jump start so that you can excel as a leader and positively impact the people around you.

For more inspiration and guidance, you can even start keeping tabs on some of the world’s top leadership experts. With an adventurous and positive attitude, anyone can learn good leadership.

Featured photo credit: Unsplash via unsplash.com

Reference

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