disruptive-innovation

Innovation and disruption are ideas that originated in the arena of business but which have since been applied to arenas whose values and goals are remote from the values and goals of business. People aren__ disk drives. Public schools, colleges and universities, churches, museums, and many hospitals, all of which have been subjected to disruptive innovation, have revenues and expenses and infrastructures, but they aren__ industries in the same way that manufacturers of hard-disk drives or truck engines or drygoods are industries. Journalism isn__ an industry in that sense, either.Doctors have obligations to their patients, teachers to their students, pastors to their congregations, curators to the public, and journalists to their readers--obligations that lie outside the realm of earnings, and are fundamentally different from the obligations that a business executive has to employees, partners, and investors. Historically, institutions like museums, hospitals, schools, and universities have been supported by patronage, donations made by individuals or funding from church or state. The press has generally supported itself by charging subscribers and selling advertising. (Underwriting by corporations and foundations is a funding source of more recent vintage.) Charging for admission, membership, subscriptions and, for some, earning profits are similarities these institutions have with businesses. Still, that doesn__ make them industries, which turn things into commodities and sell them for gain.

Entrepreneur, take a bite out of Apple's innovation so in turn you can bear fruits of creativity.

Telephone did not come into existence from the persistent improvement of the postcard.

Companies preach creativity, hire for conformity and call consultants when they fail who tell them to be more creative.

The majority of people are not willing to risk what they have built for the opportunity to have something better.

Disruption causes vast sums of money to flow from existing businesses and business models to new entrants.

Self-disruption is akin to undergoing major surgery, but you are the one holding the scalpel.

Your energy is a valuable resource, distribute it wisely.

The business world is littered with the fossils of companies that failed to evolve. Disrupt or be disrupted. There is no middle ground.

Building a career or a company is about living a few years of your life like most people won't so that you can spend the rest of your life living at a level most people can't.

Insight and drive are all the skills you need. Everything else can be hired.

Those that recognize the inevitability of change stand to benefit the most from it.

A negative mind will never find success. I have never heard a positive idea come from a person in a negative state.

The customer is always right...even when they're wrong.

Speed to fail should be every entrepreneur's motto. When you finally find the one idea that can't be killed, go with it.

The best big idea is only going to be as good as its implementation.

The difference between successful and unsuccessful people is that successful ones know that the most unprofitable thing ever manufactured is an excuse.

There is a difference between failing and failure. Failing is trying something that you learn doesn't work. Failure is throwing in the towel and giving up.