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03 Apr 10 Innovation or improvement?

What is the biggest nightmare that an entrepreneur has every night when he goes to sleep—fear of failure, fear of not having enough funds, fear of dying hungry, or what?

It is fear of getting the idea stolen. Yes, fear of idea theft is what keep entrepreneur awake at night. These days no one much care about the capital as much as one care about idea, because the latter is scarcer than the former. And our economy is based on nothing but breakthrough idea.

Do it better or do it different?

These are the two different aspects of a coin. “Doing it better” will fetch us incremental benefits, but “doing it different” will lead us to entirely new future.

“Doing it better” is what developing and undeveloped countries are after, and “doing it different” is the goal that entrepreneurs in a developed country chase. That is why major breakthroughs come from developed country.

You can say that “doing it better” will at best get incremental technology; for example, a more energy-efficient air conditioner, better soap, good shoe at less price, etc. But “doing it different” will get us disruptive technology—the technology that ends the previous ones while giving birth to entirely new industry. For example, instead of making better typewriters and calculators, computer was invented; instead of making faster and faster main frame computers, PC was invented.

All innovations are disruptive in nature, and it is the innovation that keeps the ball in the developed economy rolling.

Which one is better?

Both.

Both of them have different use in our lives, and both of them are important. There are times when we need a better product, and there are times when we need a new solution to the same problem.

Innovation is important, but so is improvement.

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26 Sep 09 5 More Ways to Improve Your Writing Part-VII

In this episode of the mini-series 5 ways to improve your writing, I will talk about you. Yes, about you and about your habits that are stopping you from being a better writer. Let’s go straight to see what changes you need to bring in you to become a better writer.

One task at a time

Multi-tasking is not always good. Not at least when you are trying to write something. You should de-clutter your surrounding and focus on one thing at a time. This way you will be able to produce a quality work. Mono-tasking is what you should be aspiring for. Set some time aside to write without interruption.

Recognize your fear and overcome it

We all have fear of failure, but at the same time we can even give credit to these unwarranted fears for some of our big successes; still I will not suggest harboring any fear. You should know what you are scared of, and work on eliminating those objects or subjects. If the problem is skill related then you should take a course or undergo a training that will help you overcome that fear, and if it is attitude related then make yourself strong and ward the fear off.

Wake and write

The very first thing that you do in the morning should be writing. This is the hour of the day when you will have very little on the mind, so you can focus more at that time. Try doing it tomorrow, and see the difference.

Do not wait for the deadline

You cannot produce a world class article, news, or story when a sword of deadline is hanging over your head. You should start writing days in advance, do not wait for the deadline to show its ugly face before you write for a client.

Introduce yourself as a writer

Tell people that you are a writer. This will be a good confidence booster. Whenever you meet people, do not beat around the bushes, come straight forward, shake their hands and say you write.  Isn’t it a very simple way to boost your morale?

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