Looking for a bit of inspiration to get those product ideas flowing? Take a look at the following advice from the world’s most renowned innovation experts.
Product Engineering Advice
- “Your most unhappy customers are your greatest source of learning.” — Bill Gates
This business magnate, investor, and computer programmer just might be the world’s most famous inventor. The former chief executive and chairman of Microsoft — the world’s largest personal-computer software company — Bill Gates almost single-handedly ignited the personal computer revolution. When it comes to innovation, Gates offers a piece that is a bit unorthodox, but tremendously useful: keep your eyes on your unhappy customers. One of the greatest skills you can have an entrepreneur and innovator is to be able to objectively utilize customer feedback and use it to improve your products and services. Remember, customers, are often unhappy because you aren’t meeting a particular need. If you can figure out a way to meet that need, it will make your business that much better.
- “People often say that motivation doesn’t last. Well, neither does bathing — that’s why we recommend it daily.” — Zig Ziglar
That magical motivation to create and innovate doesn’t just magically maintain itself — it takes practice, dedication, and hard work. That means you need to develop daily habits that foster innovation and creativity. Innovation isn’t a fleeting flash of brilliance, it’s a lifestyle.
- “Chase the vision, not the money, the money will end up following you.” — Tony Hsieh
Zappos founder and CEO Tony Hsieh is a true e-commerce pioneer. Zappos has totally revolutionized the shoe market, as well as e-commerce as a whole. His advice to focus on your vision, not money is powerful. Too many entrepreneurs end up chasing profits instead of dedicating their time and energy into the >development of a truly innovative product
- “You don’t learn to walk by following rules. You learn by doing and falling over.” — Richard Branson
English entrepreneur and investor Richard Branson knows all about breaking the rules. The tremendously successful founder of Virgin Group, which today is comprised of over 400 companies, including the iconic Virgin Records music label, Branson struggled with dyslexia and was always a poor student. On his last day of high school, it is reported that his headmaster reportedly said, “You will either end up in prison or a millionaire.” The latter of the two options obviously became a reality, but because of his academic difficulties, Branson subsequently blazed his own trail toward success, breaking a great number of rules along the way. After high school, he started selling records out of a local church, advertising the sales in a popular magazine. Selling records at a considerably lower price than mainstream outlets, his business model instigated a number of long-term changes in the music industry and paved the way for his eventual establishment of an entire music empire.
Pivot International is a product design, development, and manufacturing firm with extensive experience in the medtech industry. If you are interested in engineering a new product or updating an existing product, contact us at 1-877-206-5001 or request your free consultation today.