Million dollar ideas

Warren Buffet probably has one big idea a month that is worth millions of dollars. The rest of the time, his schedule is probably not too different from mine or yours.

Our economies have moved from being based on industries and manufacturing to being based on knowledge and insight. We have gone from manning assembly lines to becoming ‘knowledge workers’. Our work profiles are going from doing tasks that are mechanical and repetitive to fuzzy ones that demand more creative. You can pay an assembly line worker based on the number of widget assembled. You cannot pay a software developer based on the number of lines of code written.

And yet, our professional training and our personal lives aren’t organized to help us get the best ideas or insights. Our educational system is still moored on the requirements of a factory – it lays a higher emphasis on unquestioned obedience than on insightful thinking or problem solving. We have filled our leisure hours with periods of mental activity – with entertainment, stimulation and most importantly a constant stream of information. Insights require empty space – periods of non-activity and boredom – which we seem to have all but eradicated.

Even as the world needs and rewards more million dollar ideas, we haven’t nurtured the perfect conditions to enabling them. Can you advantage from this deficit?

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s