Tag: ideas

  • The Anchor: Naresh Gupta lists 10 reasons why one should go independent

    Naresh GuptaBy Naresh Gupta

     

    One of the biggest misconceptions people have is that if you work for yourself, you will get richer quicker. If money is all that drives you, then going independent can be a bad idea. Here are ten reasons for which you should go independent

     

    1.  Build something

    Everyone must build something that is your own. This is a true reflection of your ability, skill enterprise and ideas. There is no better way to self-actualization then to say, I built this. Bragging rights don’t come easy in life.

     

    2. Nurture your baby

    Every new idea needs careful nurturance. The idea is yours, so one else knows the idea better than you. This is like being a father, only you know what your child wants.

     

    3. Dream big

    Ambition knows no limits in your own set up. This is truly where your dream and your vision alone control the destiny of your enterprise. There are no approvals to be sought, no forms to fill, just you and your enterprise.

     

    4. Improve quality

    The buck truly stops at you. There are no approvals to be sought; there are no conflicting egos to be settled. You can deliver truly great work to your client, sharper and quicker. It’s amazing how layers of bureaucracy can dull the edge of even the sharpest sword.

     

    5. Connect better

    Your connections with your clients are stronger than usual. They are your clients because they like you; you are their partner because you like them. There can be no better way than this.

     

    6. Challenge yourself

    Doing a job tends to make days monotonous. You follow a routine and if follow it well you would be fairly successful. But when you run an enterprise yourself, every new day brings a new challenge to face. If you never want to do same thing twice, go independent.

     

    7. Follow your passion

    You remember those days in school when you woke up early to go to cricket coaching classes or something like that? You did it because you loved it; it even made school more fun. You wanted to get up early, even on the coldest morning. That’s something true of an independent venture. You do what you love, and you love what you do

     

    8.  Greater risk to reward ratio

    This is simple, the risk is yours, and the rewards are yours too. This does not mean that going independent is a get rich quickly scheme. It may be years before you see major financial benefits coming your way.

     

    9. No retirement planning

    Retirement plans can be put on ice. Your enterprise needs you to do the best for it as long as you can. Every day you will gain experience that will make coming days more promising. There is no point of even thinking of hanging your boots

     

    10.  Give back to society

    This is where as an independent entrepreneur you can make a small contribution. Work with the society, work with yourAlmamatter, and give back in time and effort. This one singular reason can make going independent worthwhile.

     

    Naresh Gupta is the Managing Partner at Bang in the Middle

     

  • How to get ideas (& climb the corp ladder)

     
    By Tuhina Anand

     

    Veteran adman and now business and innovation coach R Sridhar has come out with an e-book titled ‘How to get ideas – an incomplete book’. The book is a collection of insights from various people who have shared their mantras on how they get their ideas. Mr Sridhar, who is former chairman at OgilvyOne Worldwide and director at O&M, and whose website is at ideasrs.com, explained, “I am an innovation coach and I work with people to help them do things differently. So when it comes to doing things differently, idea plays an important role in achieving this. I have had several conversations with people on what triggers an idea in them and this led me to collate the responses and put it in a book.”

     

    Mr Sridhar calls it an incomplete book because he hopes to come out with version 2 in three to six months’ time, where he aims to include not just national players but inputs from global players. However, Mr Sridhar categorically avers that the book is not targeting advertising professionals as he adds that most in the business think they know it all, but largely aims at the corporate world.

     

    He added, “We are all creative in one way or the other but don’t really know how to express it.  While some may have the opportunity to express their creativity in the outer world many don’t. The purpose of the book is to help people find their own creative streak. There are many places when we are stuck and don’t know how to move ahead or are not comfortable asking for help. The book will help people in different situation by giving them cues and find their groove.”

     

    Mr Sridhar in fact says that the book will be handy for even professionals like doctors, lawyers and even homemakers. In your daily life if you are stuck even for simple things like planning a menu for an evening dinner, the book will give cues on how one can be creative and, with minor variations and combining different things, can come up with an innovative menu.

     

    He concluded, “Most importantly, in today’s corporate world there is a need to be innovative to lead. The person with ideas will move up the ladder at a quicker pace than any other and that’s where this book comes into play. For any ambitious person who wants to succeed, I would suggest he should keep a copy of the book on his laptop.

     

    Click on the image for larger view

    Excerpts from the e-book:

     

    Pulling strings in the head

    Few things I always do. Look out for interesting and unique stuff while I travel, watch TV,   read, talk with family, watch movies… I register it in my mind (luckily it stays there for ever). 🙂 When my sales team comes with a brand brief, I read a lot about the brand, understand it well  and thereafter,  my mind automatically starts pulling strings from all the available information in my head.

     

    Then…..I get the first spark of an idea… After that I go talk to different people about it, get inputs, shape it, modify it, answer their questions. If I scrap the idea I go back to step 2.

     

    Aparnaa Rajasekar

     

    Helicopter ride in the mind

    I remind myself that ideas are everywhere if I choose to look.  I try to take completely unrelated things and try to connect them to the problem. Something I came across in DeBono’s work really struck home with me. Roughly he said, everything can be connected  with everything else. Thinking laterally is like taking a helicopter ride and getting dropped off in an unknown location (unrelated object) and finding your way back home (the problem) by making connections.

     

    Among specific things I do to generate ideas: sleep on the problem and wake up early. I find I am in a great frame of mind at this time. I try to find someone who will listen uninterruptedly so that I can speak aloud, hear myself think. I am able to generate more ideas like this.

     

    I spend time by myself, retreating inwards; I spend time browsing the internet, looking for inspiration; I drive; I talk to my wife; sometimes my dogs; to my dictaphone; to my colleagues at office; to my clients.

     

    Santhan Reddy

     

    Ray of light passing through

    Ideas often are often like , a ray of light, it just passes through the mind while doing something totally unconnected. Could be while cooking, drinking coffee, reading a book, taking a walk, reading the newspaper, bathing and very often while on the pot (pardon me saying that).While travelling by car, is another time when ideas flash past. I personally use mind mapping to generate ideas and solutions to complex situations. Invariably I note them down as the thought is lost as we get busy in something else. If I need to generate ideas, thoughts I generally go to a room, sit down, relax and allow thoughts to flow. This is invariably while doing problem solving or looking at multiple options. Bouncing off ideas is with a close friend who will be objective and tell me if i am terribly wrong.

     

    Laila Sethna

     

    Just let it be

    I first surf the net for the subject and randomly follow links to related subjects. Almost like immersing myself in the topic. Someone somewhere has always faced a similar problem. I have found from hard experience that its best not to actively think about ideas. Just let it be and sleep over it. Then I talk to some selected people who are good sounding boards about the general subject (NOT ideas). They usually ask me some more questions during the discussion. Again I let all this be in my mind. Ideas then just come to me… sometimes inspired by imminent deadlines.

     

    What not to do (for me)

     

     

    Active brainstorming – I find this yields superficial and obvious ideas.

    Tell people that I am looking for ideas – again people limit their thinking and discussion and come up with the most top of head obvious stuff.

    Generate ideas without researching the material.

    Pressure myself for “ideas” – just doesn’t work.

     

    What works

     

     

    Talking to specific people who are able to think and talk at an abstract level – then I manage to find analogies from unrelated areas.

    Talking about the subject without a goal in mind.

    Talking to my kids – sometimes yields surprising ideas

    Surfing, surfing, surfing with broader and broader search terms.

    Thinking of the subject when I go to sleep. Often, I wake up with an idea.

    Nalini

     

    Just start writing

    I just start writing my ideas. If I wait for ideas to come, they never do. But when I sit down and start writing, then they seem to come out. Writing is usually on the laptop on the iPad.   When writing, I try to structure my thinking. Mind maps help quite a bit.

    Suman Srivastava

     

    Excerpted with permission from the writer.

    The e-book ‘How to get Ideas’ can be accessed at http://ideasrs.com/ebook/

  • The Anchor: 7 reasons why taking risks in ideas works

    By Rahul Mathew

     

    #1 You already took a risk by being in this business of ideas. You could have been working fewer hours for a lot more money in some other job. So why stop now?

     

    #2 It’s not an idea to begin with if it’s not brave. And how can you be brave if you don’t have a penchant for risks?

     

    #3 Considering the only other risk you will be taking on a regular basis is eating the canteen food, you might as well get a little adventurous with your ideas.

     

    #4 If a risk pays off, you’re a radical thinker. If it doesn’t, you’re a reckless one. Both of which are often used to describe rock stars. Safe and dependable sounds good for a condom.

     

    #5 There’s nothing like that incredulous/stupid/shocked expression on the face of a tight-assed client/account management/boss when you present such an idea. It’s worth the effort.

     

    #6 A more practical reason: There are fewer risk takers in the industry today. And many who don’t take any. So, who do you think will be able to negotiate better?

     

    #7 Most importantly, the biggest risk you would be taking in this business would be not taking any. It’s the one thing that keeps you and your ideas from becoming wallpaper in today’s media space.

     

    Rahul Mathew is the Executive Creative Director, McCann Erickson Mumbai.