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Invention and Innovation: How To Turn Simple Needs Into Powerful Solutions w/Ron Klein | Episode 66
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Succeeding in business is a combination of identifying a pressing need and creating a solution. That can be difficult. In a world where everyone is competing for the next big idea, how can we ensure our innovation doesn't just add to the noise?
Consider the frustration of seeing countless ideas that either over-complicate simple issues or fail to offer proper benefits. This can leave many entrepreneurs feeling stuck, struggling to break through with solutions that are both smart and impactful.
What is the key to overcoming this challenge? How do we simplify already existing needs and provide solutions that have a clear benefit?
In this episode, Ron Klein AKA The Grandfather of Possibilities joins me to discuss invention and innovation, how to clearly define and solve a problem and his thought process when it comes to inventions. We also talk about his invention of the magnetic strip on the credit card, credit card validity checking system and the development of computerized systems for Real Estate (MLS) Multiple Listing Services.
My philosophy with everything is simplification. -Ron Klein
Three Things You’ll Learn In This Episode
-Turning challenges into opportunities
Challenges aren’t always necessarily setbacks. We can turn them into opportunities to propel us forward.
-The secret to crafting impactful solutions
If we ask hard questions and don’t get the answer, what steps should we take next?
-Inventions vs enhancements
Not all things created are brand new, and we don’t always have to invent to succeed. How can we provide solutions by enhancing something that already exists?
Guest Bio
Ron Klein is an ordinary man who accomplishes extraordinary things. He is a PROBLEM SOLVER. Every solution has resulted in monumental change, either in a new invention or a simple solution. His innovative ideas have changed the world. He is the inventor of the Magnetic Strip on the Credit Card, Credit Card Validity Checking System and the developer of computerized systems for Real Estate (MLS) Multiple Listing Services, Voice Response for the Banking Industry and BOND Quotation and Trade Information for the New York Stock Exchange.
Visit https://thegrandfatherofpossibilities.com/
Find Ron on LinkedIn @Ron (The Grandfather of Possibilities) Klein
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