…Don’t really give a damn about what other people think.
Good morning, All,
In this industry, we talk a lot about disruption and innovation, but as much as the two are used interchangeably, there’s a chasm between them. Disruption is that a-ha moment. True innovation is seldom recognized, unless you have the vision to see 20 minutes into the future.
We read a piece this week called How to stop giving a f@$% what people think. Just one key bit of information missing. Going to as many panels as we do, where investors are often there to give their feedback, we notice that people who are both pitching and attending listen with rapt attention. Sometimes the feedback is valid. Depends on the panelist/investor, of course, and note: many a times, the investor will be someone who made a killing during Web 1.0 – the halcyon days of technology when traditional companies were snapping up web based companies, whether it made any sense or not. We call it acqui-hiring now. Only the names have been changed to deceive the clueless. Sometimes they did it to have a New Media Presence. Not all of those instant millionaires were the visionaries or founder. Quite a few were simply in the right place at the right time and lucky them. Many of them are even good investors. Others are doing now what they were doing then: making it up as they went along. Which may go far to explain the lemming mentality of investors. Always consider the source, and at the end of the day, good idea to keep your own counsel. Especially if you are doing something truly visionary. It may only be 20 minutes into the future, but it takes the world a long time to catch up. And catch on. Onward and forward.