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Birth of an Idea

Joel Babbit, CEO and Co-Founder of Mother Nature Network, talks about the development of ideas and the role of innovation in business.

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[[Birth of an Idea. Joel Babbit. Mother Nature Network]]

[[How do you define innovation?]]

[I don't think innovation--for somebody to say that a company is innovative]

[because they've got one, single aspect of their product or the culture or something]

[is like talking to a man who's tie is a great tie but the rest of his outfit looks horrible]

[and saying, "Now there's a sharp dresser."]

[It's never limited to one piece or one thing. ]

[It's got to be part of the entire makeup of a company, ]

[from the furniture to the people that work there to the way you behave yourself ]

[and to the way you create your product. ]

[[What is the most exciting thing to you about Mother Nature Network?]]

[There are very few things that are as exciting as having a business concept,]

[where nothing exists--like no name, no office, no employees, no materials--and]

[then seeing that develop and grow. ]

[It's one of the most exciting things in the world. ]

[I will also say it's one of the scariest things in the world. ]

[It is one of the most--things that will make you the most nervous, keep you up at night, ]

[and every other emotion. ]

[But that, in a way, is what makes it exciting. ]

[[How do you encourage or develop innovation?]]

[How do you develop innovation?]

[You know, there's all these academic exercises that people have, and books]

[you can read on the subject, but I think there's a couple of relevant lessons]

[I've learned about that. ]

[One is that--you know--somebody taught me a little exercise.]

[If you are writing a letter and you want to see if there are any typos or anything]

[don't read it--you know--from left to right. ]

[Read it from right to left, because you'll notice things that way ]

[as opposed to--you know--you read it the regular way, you can miss things easily ]

[because you're so used to it that way. Do it in reverse. ]

[I'd say the same thing about trying to get better innovation. ]

[Don't approach it by going the standard way. ]

[Maybe look at it backwards, a whole different way. ]

[[How do you encourage or develop innovation?]]

[When it comes to innovation, one of my favorite quotes from Einstein is]

[that beginners see unlimited possibilities; experts see only a few. ]

[I think that's a very important lesson, because the innovation in the future and]

[the successes of the future don't necessarily come from those that are]

[the most experienced or in the highest positions.]

[They can often come from newcomers who have very little experience ]

[because they see things from a new perspective. ]

[[What inspires you? Where do ideas come from?]]

[Well, you know when you ask what inspires me, I'm always reminded of]

[this story that I read about John Lennon, the song "For the Benefit of Mr. Kite," ]

[if you remember that song.]

[I think it may be on Sgt. Pepper's. ]

[And he tells the story of going into an antiques store and seeing this ]

[circus poster from the late 1800s that was about this show. ]

[And almost every word of the lyrics actually came straight from this poster that he bought. ]

[You know--it said "For the benefit of Mr. Kite," etc. ]

[And the reason I love that story is it shows that inspiration can come from ]

[anything that you see, any time of the day, anywhere. ]

[It's not that there is a single source like a book or some exercise that you do. ]

[It's really all around us, constantly, and it's for the people who see it]

[as opposed to maybe the people who go looking for it.]

[[What role does communication play in innovation?]]

[I think that's one of the interesting things about the environment]

[and probably the other topics like it, is that it usually starts off ]

[with a small core of scientists and activists and experts, ]

[and therefore the communication of it is always in very academic ]

[and technical terms. ]

[But it's only when you explain it in a way that's easy to understand ]

[and engaging that you attract a much larger audience. ]

[[How important is it to have a "big" or "new" idea?]]

[I must tell you that I think that the "big idea" is probably the most]

[overestimated concept in business, along with originality, I might add,]

[because it's not about just having a great idea. ]

[In fact, it's not about having a new idea, sometimes. ]

[It's about doing it better than anyone else and doing it in an innovative way. ]

[So execution is usually much more important than having a big idea. ]

[You know, I don't think Ray Kroc was the first person that ever]

[came up with the idea of having a hamburger chain,]

[or Walton was not the first person that ever came up with the idea of]

[discount chain stores, but they executed it better than anyone else. ]

[And that's why I think that the concept of the big idea is just way overestimated. ]