Tue, 24 April 2018
Every so often we should pause and reflect. On the way to the airport after hosting a South by Southwest meet up on neural diversity hiring, traffic was slow. This allowed an engaging conversation with the taxi driver. He asked me what led to success in my life. This prompted me to write down my 7 rules to live by. I hope these will help you in creating personal and professional success.
My 7 Rules to Live By
Now that you have my 7 rules to live by, define your own set of rules to creating personal and professional success in your life.
Five Minutes to New Ideas
Weak signals are all around us. How can you stay attuned and take advantage of emerging trends or fads? Tune in to Segment 4 of today’s podcast to learn more.
Thanks for taking the time to join us. We’d love to hear your comments. You can add your comments at http://killerinnovations.com/.
Better yet, join us at The Innovators Community (http://theinnovators.network/community), an online Slack community where you can be a part of the conversation with leading innovators from around the world.
Direct download: 7_Rules_to_Live_by_Creating_Personal_and_Professional_Success_S14_Ep7.mp3
Category:Past Shows -- posted at: 7:27am PST
Tue, 17 April 2018
Creating safe transportation on the African continent takes a unique approach. The solutions of the Western world and Silicon Valley simply won’t work. Colonial cities have grown into major urban environments. The infrastructure doesn’t sustain the growth. Traffic jams, broken-down vehicles, bad road conditions are endemic. But there are individuals making a difference in creating safe transportation.
As our guest Barrett Nash says, “The best way to make a solution is to solve a problem you yourself experience.”
A death defying motorcycle ride through a crowded city and a question of safety. Barrett Nash, Co-Founder and CEO of SafeMotos recalls the day. He took a ride on a motorcycle taxi through Kigali, Rwanda to meet roommate Peter Kariuki for a beer. The two men talked about the dangers of motorcycle taxi rides. This prompted them to imagine ways to make the motorcycle taxi ride safer. That’s what it took to start the journey for SafeMotos.
Safety: An Obvious Assumption
Vehicle travel across an urban setting in Africa can be fraught with risk. Sometimes the choice is waiting hours for a bus, sitting in traffic in a vehicle, or hopping on the back of a motorcycle taxi for a more convenient ride. While the motorcycle taxi might get you there quicker, the risk is high. In fact, the #2 killer in the emerging world is vehicle accidents. Eighty percent of accidents in Rwanda involve motorcycle taxis.
You would think people would jump at the option for safer urban travel. Not so. Creating safe transportation has its challenges. Selling it even more so. Initially, SafeMotos followed the Uber business model. Customers could locate a safe ride via smartphone. SafeMotos vetted and rated the motorcycle taxi drivers on driving practices and experience. For a higher price, people would get a safer option.
What the Customer Really Wants
What they quickly realized is price and convenience outweighed safety in Kigali. To make their product offering viable, they had to consider the product/market fit and the pain points. Their focus shifted. Creating safe transportation became the by-product.
Blind Luck and Help from Unusual Places
Barrett and Co-founder Peter have been at it since 2014. Doing business in Africa has challenges. While there is a spirit of entrepreneurship, few startups succeed. As Barrett puts it, blind luck put them in touch with an accelerator in Cork, Ireland. This helped jumpstart SafeMotos.
[shareable cite="Barrett Nash, SafeMotos"]Technology needs to disconnect from a Silicon Valley style problem solving format. We’re not trying to solve middle class problems. We’re trying to enable a middle class. That’s where technology can really disrupt the arc of the story of Africa.[/shareable]
Barrett welcomes you to reach out at email@example.com.
If you’ve got a guest you think should be on the show, drop me a note.
We’re continuing trips across the country, talking to rural entrepreneurs. If you’d like us to stop by your town to meet your entrepreneurs, drop a note at The Innovators Studio on Facebook.
Direct download: Creating_Safe_Transportation_in_Urban_Africa_S14_Ep6.mp3
Category:Past Shows -- posted at: 7:38am PST
Tue, 10 April 2018
Today’s show addresses questions from listeners on innovation KPIs. I’m back in Colorado after clocking 12,000 miles in the mobile Innovators Studio. On the road, I talked with interesting innovators and analysts. Taking a break from interviews, I’d like to answer your questions on measuring innovation success.
There are hundreds of Key Performance Indicators (KPIs) to measure innovation success. What are the right innovation KPIs to use? What KPIs will give insight into the innovation process? KPIs should be unique to your organization. Think through what KPIs will measure and how that can guide innovations and your organization.
KPI Building Blocks
I’ve broken innovation KPIs into categories, like building blocks. Build up the blocks to get a complete perspective on your innovation effort.
Six categories for Innovation KPIs:
We’d love your feedback. What do you think about the five-minute focus in the last segment of today’s show?
Like what you hear? Leave us a comment or review where you listen to the show.
Check out the show notes on Killerinnovations.com. We post on Facebook, LinkedIn, Twitter. Follow us on your favorite social media site.
Direct download: Innovation_KPIs_Six_Categories_to_Measure_Success_S14_Ep5.mp3
Category:Past Shows -- posted at: 5:37am PST
Tue, 3 April 2018
Delays at the grocery checkout line set William Chomley on a retail innovation course. Like most of us who are short on time, a quick stop at the supermarket took longer than he liked. He began ideating on a better way to shop – reinventing the checkout process.
William Chomley, Founder and CEO of IMAGR, joins me in the mobile studio from his home base in New Zealand. He’s been working on his retail innovation concept for three years. It’s been an uphill trek, but the company is now ready to put the product to the test.
When Will’s retail innovation idea sparked, he jumped in head first. Quitting his finance job, he focused on a solution using RFID (radio frequency identification) technology. It was simple: put RFID tags on products and eliminate the checkout line. But it wasn’t that easy. He ran into roadblocks, cost to implement and technology limitations to name a few. His business failed.
Will didn’t give up on his idea. He reworked it – went back to the drawing board. This time he did the product/market fit research. This involved a lot of talking and listening to retailers, researchers and investors. His new design incorporated computer vision, a form of Artificial Intelligence (AI). A computer with computer vision “sees” and processes information much like the human eye, then performs tasks accordingly.
With a new design plan, Will pitched to investor after investor. Rejection brought him nearly to the “end of his tether”. Over 150 investors later, he finally got the funding in 2016. Through all, he held three jobs to keep afloat. Persistent and undaunted, Will kept going through tough times and held fast to his vision.
The SmartCart will undergo trial testing this year. It’s a shopping cart equipped with small cameras to capture product data as the shopper places a product in the cart. The cart system is synced to the shopper’s mobile phone. Through an app, the shopper sets up the payment method prior to shopping.
Looking back, Will has three points of advice for entrepreneurs.
The best place to track Will’s retail innovation: www.imagr.co
If you have a guest you think should be on the show, drop me a note.
Direct download: Retail_Innovation_for_the_Impatient_Shopper_S14_Ep4.mp3
Category:Past Shows -- posted at: 6:26am PST