When Early Success Kills Innovation episode artwork

EPISODE · Jul 26, 2021 · 25 MIN

When Early Success Kills Innovation

from My Favorite Mistake: Learning Without Blame in Business and Leadership · host Mark Graban

Author, CEO & Founder of The Creator Mindset, LLC. Show notes: https://www.markgraban.com/mistake88 My guest for Episode #88 of the My Favorite Mistake podcast is Nir Bashan, CEO & Founder of The Creator Mindset, LLC. Nir is a world-renowned creativity expert. He has taught thousands of leaders and individuals across the globe how to harness the power of creativity to improve profitability, increase sales and ultimately create more meaning in their work. Nir has worked on numerous albums, movies, and advertisements with famous actors and musicians ranging from Rod Stewart to Woody Harrelson. His work on creativity has won a Clio Award and was nominated for an Emmy. As founder and CEO of The Creator Mindset Consulting, his company produces workshops, consulting, coaching and keynote speaking engagements at conferences and corporate events. His clients include AT&T, Microsoft, Ace Hardware, NFL Network, EA Sports and jetBlue. His book The Creator Mindset: 92 Tools to Unlock the Secrets to Innovation, Growth, and Sustainability, which has been translated into two languages, was released worldwide by McGraw/Hill business in August of 2020. In today's episode, Nir shares his "favorite mistake," which involved his film production company that released a documentary film ("The Kitchen") that did well... but then went out of business. Why was it a problem to rest on their initial success? Why did it "work for a while" before "tanking"? Other topics and questions: Applying those lessons from your experience to your current business? Takeaway – “I don’t sell anything anymore” Why he does more listening now Can you have a process for being creative? It’s a tool to use, not a gift? Prof. Amy Edmondson, in her blurb for your book, makes reference to “using mistakes to learn fast” — tell us more about that… Look at the mistake in a positive way --- Support this podcast: https://podcasters.spotify.com/pod/show/favorite-mistake/support

Episode metadata supplied by the publisher feed · Published Jul 26, 2021

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Creativity expert and CEO Nir Bashan shares a painful lesson from his early career: a documentary film succeeded — and then his production company slowly collapsed after he stopped innovating. In this episode, Nir explains why early wins can be dangerous, how complacency creeps in, and why creativity must be treated as a repeatable discipline, not a one-time spark. He also shares how learning from failure reshaped his leadership, business model, and approach to growth.

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This episode was published on July 26, 2021.

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