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Why Reinvent the Wheel?

Posted by Parthiv Shah on Jun 26, 2024 8:00:00 AM

Dear Friend and Fellow Entrepreneur,

You’ve probably heard the mantra: “Be original. Be creative. Invent. Innovate.” But in Dan Kennedy’s Book, No B.S. Guide to Succeeding in Business By Breaking All The Rules, he suggests there is great value in a different approach. Instead of reinventing the wheel, study what works and replicate it.

Originality has its place, but proven methods often yield better results. You don’t have to invent a new product or service to be successful. Sometimes, improving on existing products or services or tweaking them can lead to wild success.

Look at McDonald's. Ray Kroc didn’t invent the hamburger or the fast-food restaurant. What he did was study the efficient system the McDonald brothers had created and saw the potential to replicate and scale it. By improving on their methods, standardizing the process, and creating a franchise model, he built one of the most successful fast-food chains in the world. Kroc didn’t invent something new; he perfected an existing concept and executed it brilliantly.

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Topics: Breaking ALL THE RULES, design, creating products, Be original. Be creative, replicate and scale, market to be successful, significant success, paths to success, business ventures, Invent. Innovate, wild success, streamlined process, current wheel spin faster, streamline your processes, dynamic customer experience

 parthiv shah

 

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