The Path to Find Your Next Big Ideas

October 24, 2011

#SocialGood, Interviews

bright ideaI recently had the opportunity to chat with Peter Sims, the author of “Little Bets,” at the Social Good Summit. Peter is also a co-founder of Fuse Corps, a social enterprise that partner up with government, mayors, etc. to help tackle the nation’s most pressing problems. This is part of his little bets.

Little bets are a way to explore and develop new possibilities. The idea is to start small experiment to discover big things. You have to go through the process to discover bigger and better ideas. There is no shortcut for that.

For example, comedian Chris Rock would practice (read: experiment) with his lines at small comedy clubs around where he lives – before he uses those lines (that worked) for the big stage.

The same is true with VCs, how they would invest in a number of different companies. Not all companies would succeed (if it works out 100% success ratio, it would be a dream!), however, from the companies they invest one of two would grow big and give multiple times payback to investors.

So before you dive in to the conversation, here are some the things you can learn from this conversation:

  • where Peter finds his inspiration
  • that it’s okay to fail

  • how little bets are good for small businesses
  • how the Onion comes up with their best headlines

Check it out.

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About Dewita

I'm trying to find solutions for world's biggest problems, i.e. food waste and unemployment.

View all posts by Dewita

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2 Comments on “The Path to Find Your Next Big Ideas”

  1. wordsfallfrommyeyes Says:

    Fantastic post – really enjoyed the video. Thanks! (love to hear from other authors)

    Reply

    • Dewita Says:

      Thanks for stopping by. BTW, if you’re looking for other author, I recently interviewed Simon Mainwaring. He talks about Brands and Connected Citizen. The write-up is there.

      Reply

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