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Learn the key ideas of the book by Andrii Sedniev

The Business Idea Factory

The secret to creating successful business ideas

In The Business Idea Factory, the author presents a simple yet efficient system for generating successful business ideas. Using studies related to the mechanism that sets the brain in motion to create ideas, The Business Idea Factory offers techniques to increase the quantity and quality of these ideas. The author outlines a number of practical strategies, which can be applied on a daily basis, in order to train the brain to create successful ideas.

The Business Idea Factory
Read in 9 min.
Listen in 11 min.

Many useful tips to:

  • Train your brain to create ideas.
  • Learn the mechanisms that foster the creation of ideas.
  • Get a simple and effective system to generate successful business ideas.

The author of the book:

Andrii Sedniev earned the CCIE certification (Certified Cisco Internetwork Expert), which is one of the most important accreditations in the world of IT, at the age of 19, becoming one of the youngest people to obtain such recognition. Aged 23, he enrolled in an MBA (Master of Business Administration) at one of the United States’ top ten universities. By the age of 25, he began working as a product manager at Cisco Systems headquarters.
He has devoted ten years of his life to studying the behaviour of the world's most successful individuals, experimenting with different strategies to maximize his own potential.

IDEA CHIAVE 1/8

How creating ideas works and how our brain is divided into an analytical part and a creative part

Strategies used to activate the subconscious

It is the left side of the brain that is responsible for judgment, self-control and internal dialogue: it is our analytical side. Meanwhile, the right side, the subconscious, is responsible for the creation of ideas and can process a large amount of information in a few seconds. It is therefore clear that the analytical brain is useless at creating ideas; in fact, it can block the work of the subconscious. Hence, when someone intends to create ideas, they should deactivate the analytical part of their brain and follow three basic rules: no analysis, no criticism, and no internal dialogue.

One example of such strategies is the approach that Walt Disney used to generate new ideas, which consisted of three stages: Dreamer, Realist and Critic. 

  • The dreamer stage does not impose limits on creativity. The goal is to generate as many ideas as possible without resorting to the judgment of the analytical side.
  • The realist, however, tries to find the right method to make the idea a reality.
  • The critic, the last stage, is the moment in which the analytical brain is activated. The idea is judged and possible flaws and implementation problems are identified.

The basic rule of this strategy is to activate the analytical part of the brain only after the first two creative stages are completed.

Exercise: try to generate as many ideas as possible, in one hour, on how to earn one hundred dollars. Then, choose the one you like best, try to implement it and see if it works. At this point, you can decide if you want to transform it into something bigger.  This way, it is possible to generate a lot of ideas, but only if you practice the exercise regularly, for example, while ironing, washing the dishes, etc. Ideas are born from life experiences; therefore, they are generated more easily when you are busy doing something, preferably a repetitive activity.

  

The key ideas of "The Business Idea Factory"

01.
How creating ideas works and how our brain is divided into an analytical part and a creative part
02.
How to program the brain
03.
How to best present our brains with problems to solve
04.
Strategies for generating ideas: the most effective thinking techniques
05.
What is the essence of ideas?
06.
How to influence your subconscious and achieve a high-performance state
07.
Quotes
08.
Take-home message
 
 
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