Most Things Suck.• But, It’s
Easy 2 Make Them Better.– Especially Because of Technology.– And Because of Tony Stark.– They Make it Easy To Copy & Improve their Innovations• TIP: DO NOT TRY TO BE TONY STARK.• JUST COPY / USE THEIR STUFF. (and Make It Slightly Better)• 99% of the time -- Copy/Use Other People’s Amazing Stuff.• 1% of the time -- Come Up With Your Own Innovative Stuff.• Improve the Innovation by 1% Every Month.
Over Time, Things Sucks Less.•
Fire• The Wheel• Farming• Pigs, Cows, Chickens• Iron, Steel• Ships• Printing Press• Textiles• Steam Engine• Electricity• Cars, Airplanes• Telephone• Radio, TV• Cable• The Internet• Social Networks• FB, Twitter, YouTube• Mobile Phones
Why No Flying Cars Yet?(Teleportation?
Sexy Robots?)• Because That Stuff is Really Hard.• Not So Many Tony Starks / Elon Musks Around.• You Ain’t All That Smart.• Or That Rich.• But, You Might Get To Use Their Stuff.
We Are Mental MidgetsWho Stand
on Shoulders of Giant Geeks• Da Vinci• Sir Isaac Newton• James Watt• Nicola Tesla• Marie Curie• Gates• Jobs• Bezos• Larry & Sergei• Zuck
You Don’t Have to be
Tony Stark• Just Copy/Use the Stuff that Tony Stark Makes.– Tip: Since Most People Suck, They Won’t Notice U Aren’t Tony Stark.• Copy/Use 99% All The Amazing Stuff Out There.• Innovate on the other 1%.• Innovate 1% More Every Month.• Then Kick Back and Have a Beer.
Most Businesses Suck @ Innovation.•
They Don’t Know Technology.• They Don’t Know How to Code.• They Don’t Know SEO or SEM.• They Don’t Know Email Marketing.• They Don’t Know Social, Video, Local, Mobile.• They Don’t Know Good Design or UX.• They Don’t Know How to Cut & Paste.• They Don’t Know How to Use PayPal.
Most Things Are Not Amazing.•
But, We Can Easily Make Most Things Better.• Tech + Web = Reduced Overhead Costs.• Search + Social Platforms = Better Marketing.• Copy Existing Business Model = Reduced Risk.• FOCUS = Make ONEthing / SOMEthing Better.
Formula 4 Awesome:Notice Things That
Suck. Make Them Suck Less.• Most Brick & Mortar Businesses Are Inefficient.• Lots of Overhead, Shitty UX, Crappy Marketing.• Copy Their Business Model (It Already Works).• Reduce Overhead Cost (Go Online).• Increase Marketing Efficiency (Go Online).• Copy/Integrate 99% Awesome Stuff (aka Tech)• Innovate on the Remaining 1%.• Keep Innovating 1%. Every Month.• Beat Them Like a Drum, Every Day & 2x on Sunday.
Ok, Let’s Try It.• Find
an existing, physical-world big dumb businessthat makes money, but kinda sucks.• Verify they have high overhead costs, inefficient[offline] marketing, crappy service.• Copy the business model, reduce overhead costs,improve marketing.• Add some awesome technology, and then innovateon ONE important thing.
3 Basic Types of Brands:Virgin,
Southwest, [Niche]• Virgin = “Mass Luxury” (+ sexy)– High-End Look & Feel, priced just barely within reach of mostmiddle-class customers, who love the “red-carpet” treatment • Southwest = “Convenience & Value” (+ funny)– Shit that just works, not very expensive, great value foreverybody. (Who doesn’t like Southwest?)• [Niche] = “Just for You & Me”– Designed for well-defined customer segments / attributes.– Less competition, higher margins, better retention– Ex: Gay, Old, Black, Short, Female, Moms, Left-Handed, Etc