1. Birthdays are a scam. They were invented by Hallmarks to sell cards.
2. The husband and wife who open another delicatessen store or another Mexican restaurant in the American suburb surely take a risk. But are they entrepreneurs?
All they do is what has been done many times before. They gamble on the increasing popularity of eating out in their area, but create neither a new satisfaction nor new consumer demand.
Seen under this perspective they are surely not entrepreneurs even though theirs is a new venture.
McDonald’s, however, was entrepreneurship.
It did not invent anything, to be sure.
Its final product was what any decent American restaurant had produced years ago.
But by applying management concepts and management techniques (asking, What is “value” to the customer?), standardizing the “product,” designing process and tools, and by basing training on the analysis of the work to be done and then setting the standards it required, McDonald’s both drastically upgraded the yield from resources, and created a new market and a new customer.
This is entrepreneurship.
3. Luck is a concept invented by the weak to explain their failures.
4. Let’s go invent tomorrow rather than worrying about what happened yesterday.
5. You cannot make one invent at gun point. Forget the movies, and think about pampering inventors, not threatening them
6. Respect for inventors is the key for success of a patent system
7. Most patentability requirements are concepts, they can be moulded to suit your invention
8. True inventors do not sit on their inventions
9. Inventions cannot be judged on patent parameters, but patents have the ability to take inventions very far
10. Inventors do not invent for financial gain, they invent simply because they love to invent
11. Requirements for patentability are like filters to weed out unworthy inventions
12. Patents need inventors more than inventors need patents
13. What do you call it when the inventor of the ceramic knee replacement gets a metal knee replacement?
14. There are no rules. That is how art is born, how breakthroughs happen. Go against the rules or ignore the rules. That is what invention is about.
15. We have always been shameless about stealing great ideas.
16. Don't use your energy to worry.
Use your energy to believe, create, trust, grow, glow, manifest and heal.