MBA2289 5 Guest Teacher – Derek Lidow – How to Become a Master Innovator by Copying Others

The $100 MBA Show

Omar Zenhom

Marketing, Entrepreneurship, Careers, Business

4.9 • 1.2K Ratings

🗓️ 17 April 2023

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

It’s never the best idea that wins. It’s the best execution. In the history of business, the most successful entrepreneurs were the ones who adapted existing ideas better than anyone else (including whoever had the idea first).

Now it’s your turn.

Today, special guest Derek Lidow explains how building on pre-existing concepts is the all-time best way to pursue success. With real-world experience as a successful entrepreneur — and deep academic knowledge of business as a Princeton University teacher — the man knows what he’s talking about.

This episode will shift your mindset about what it means to create the next great thing.

Take the examples Lidow shares today, and apply them to your own space. By developing an eye for ideas and concepts that could be better-executed, you can make your mark.

Take someone else’s first steps the rest of the way. Awaken your inner copycat, and see how far you can go. Click Play!

Transcript

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0:00.0	Heyo! Welcome to the $100 MBA show because successful entrepreneurs never do it alone.
0:14.4	That's why we deliver daily 10 minute business lessons for the real world.
0:18.1	I'm your host, your coach, your teacher, Omar's in home.
0:21.0	I'm also the co-founder of Wobinar Ninja, an independent software company. I start
0:24.4	with my co-founder back in 2014. And today's episode is a guest teacher episode with Derek Liddow.
0:30.4	And he'll be teaching you how to become a master innovator by copying others.
0:35.6	Yep, you heard that right. And I wanted to bring on Derek on today's show because he has a very
0:40.7	unique career. He was the CEO of a publicly traded company as well as the
0:45.2	CEO and founder of a very valuable and innovative startup. He's also a professor and
0:50.8	scholar of entrepreneurship teaching at Princeton University.
0:55.1	So he's got this great combination of real world experiences and is also a great teacher
1:00.5	as you'll see in his guest teacher lesson.
1:02.8	He's going to give you real world examples of how you can be a master innovator by looking
1:07.6	at what others have done before you.
1:10.3	So let's get into it.
1:11.4	Let's get down to business.
1:14.0	Today's get a feature episode from Derek Liddow is a special one.
1:18.0	If you're looking to come up with innovative ideas for your business, your products,
1:22.0	or services, even your business, your products,
1:23.0	even your marketing.
1:24.2	Then Derek's gonna show you how to be innovative
1:26.3	by copying others and putting your own spin on it,
	...

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