How are you supposed to create a product that shatters all ceilings if invention and innovation? How do you create a product that creates ripples of major impact on the necessities of the market? Well, here is how:
(1) It is important to realize that the whole purpose of the existence of your business is to satisfy customer needs. You have to present them with a product that solves their problems and makes their job easier. People will always need something or the other, and they will need it all the time. So the question you need t ask yourself is “How are you solving problems for others?”
(2) Another important thing to keep in mind is to create a product that not only makes the job easier, but also saves time. For example, the invention of a typewriter saved time for a person who wrote by hand. Or a car, which saved time for a person who had to walk to reach a particular destination. If you are to create a product that is indispensable, it is crucial for you to find a way to save time – even if it is just some few seconds there that you manage to save.
(3) With the digital world expanding, it is important to realize that automation is the future of the business world. Technology will rule the entire corporate industry and you have to find a way to turn it to your advantage somehow.
(4) Innovation will come if you think of connecting the digital world with the mechanical, physical world. This is the wave that will interconnect every community and every city in the world with one another.
(5) With so many new technologies and software coming up, literally every single day, it isn’t surprising to state that the big problem in the near future would be too much information. How is the human race supposed to process so much data? How are humans supposed to turn billions and billions of data pieces into something useful? How are professionals supposed to skim through so much of information to pick out the relevant portions only? How d you define relevant knowledge, in the very first place. Well, relevant knowledge is what we need to know, and not what we want to know. You need to figure out a way to provide useful information to people, something they require to know, instead of blatantly throwing any information at them.