Know your true value - especially in business

1998: YAHOO refused to acquire Google for 1M 2002: YAHOO realized its mistake and offered 3B Google requested 5B YAHOO refused. 2008: Microsoft offered 50B to acquire YAHOO YAHOO rejected the offer 2016: YAHOO has been acquired for 5B Current value of Google is around 545B Still amazes me even in business how some top executives under cook or over cook the value of their company, usually with take overs threes plenty of tyre kicking at the start to sound each other out, but I do know of one company who offered 3.1 billion for a competitor, the audit was done over a weekend! That's crazy. Once they looked under the hood did they find it's true value. Back to my point; don't make it personal but look at the figures and weigh up the potential, and make sure the people doing the sums is the right person, if an individual then ask for unbiased feedback or advice from colleagues or people you trust when it comes to business. I remember the old saying nothing personal this is business, I feel Yahoo execs took it personally.

Creativity and Boredom

Reading on the subject of creativity on how it comes about? And why some appear to have it more than others? It's 4am in the morning, my mind was curious and wandering, I wasn't tired more bored which funny enough got me thinking and I then came across this, how spooky. Creativity Have you ever found that it is often when you’re bored, doodling away absentmindedly perhaps, when some of your most perceptive insights arrive, bubbling up unbidden from the depths of your subconscious? Boredom has long been regarded as a prelude to creativity. Consider Friedrich Nietzsche, no less, who wrote that great artists ‘require a lot of boredom if their work is to succeed. For thinkers and all sensitive spirits, boredom is that disagreeable ‘windless calm’ of the soul that precedes a happy voyage and cheerful winds. They have to bear it and must wait for its effect on them’. Indeed, Manfred Kets de Vries has argued that boredom has played a crucial role in many great artistic and scientific breakthroughs For instance, Decartes allegedly ‘discovered’ the notions of x and y while idling in bed watching a fly on the ceiling, while Einstein reportedly achieved the initial pivotal insight into the nature of relativity while boredly daydreaming.

Such anecdotes have been corroborated by recent research. For instance, in experimental studies, it has been found that people induced into a state of boredom perform far better on creativity tests (e.g., thinking of novel uses for plastic cups), compared to participants who are either elated, relaxed or distress. One explanation is that boredom allows attention to wander, and the mind to free-associate, thus facilitating creativity. Indeed, from a neurophysiological perspective, boredom may activate the default mode network, which is thought to play a key role in creativity (e.g., stimulus independent thought)

This is just a piece from an article originally appeared at Psychology Today Tim Lomas, Ph.D., is a lecturer in positive psychology at the University of East London, where he is also the co-program leader for the Masters of Science in Applied Positive Psychology and Coaching Psychology.

Arduino Is Now Kids Play

I love this, now we can all create working prototypes from scratch without all the geekiness

Marketing Ideas and spooky job titles

Funny thing I noticed recently, and it's this; our industry is now changing not by the year or week it's changing by the day,a quick search today this is what came up; Snapchat glasses, BMW built a power plant from old electric-car batteries, Microsoft puts AI to work in Office 365 I could go on and in that new roles are created and others evolve; for instant job titles; 'digital creative directors' are now becoming 'heads of digital transformation' others too like 'design directors' with a tap of a key command are now; 'product innovation directors'. So what's happening? I think as an industry we are in a state of flux. Don't panic, I've seen 4 major changes so far in my career, we're just in another transition. Many companies trying to find their niche on what to do? What do they stand for? Or as the old school would say; what's our USP? No different of old but now the lines are now blurred for instance we now have cross-over from PR, media into agency land and vice versa, marketing directors becoming an agency planner. It's now not unusual for even creatives going client side working for the likes of Uber and Facebook. I personally think it's great with all this cross over as it shows that companies are in search of the ideas but many muddy the water, they complicate things. As always it's the idea that counts not the title or where you work, that's super exciting for me, is an idea or ideas that truly transform a business which sets them apart either agency or client side. Enjoy the ride. Here's an image I love which made me laugh, when someone asked me when I was working in Australia 'what's the difference between a front end and and a back end developer? I shared this from my image bank. Thankfully these roles never changed.

Everything Can Have An Idea In It

I was on TNW and the usually cookie policy pop-up came up but what caught my eye here on this site was a cute playful neat little idea, WOW someone actually thought of a creative idea rather than the usual bland copy only cookie policy. It gives the site a bit of personality, it's very simple on a loop video, a man is trying to eat a 'cookie' without using his hands, much more fun than the usual. Tip for all young creatives, even with no budget, no time and a boring message you can still get an idea in there, you just need to sit down drink some coffee and perhaps a cookie to crack even the most mundane brief.

Change is good regardless of the pain

Being a West Ham fan I find this quite upsetting - followed the Hammers all my life and my first game if I recall was against QPR in Sept'77 my dad took me and we drew 2-2. I can still remember Stan Bowles, a great player for QPR even as a kid I could see he was good. But time changes and as a West Ham fan and creative so must I, no matter how painful that change is at the beginning, it needs to happen, the best ideas are the ones that haven't been done before, the unknown is scary and even if you fail at first you stick with it, (If that wasn't the case West Ham United would still be call Thames Ironworks and I would be still just writing 60 second TV spots, so change we must. Yes we have all the crap going on at the moment with seating arrangements with old school mixing with the new school. (I like to call them the 'Popcorn crew') Peanuts and darts been thrown was never the way forward, onwards and upwards. COYI

There's More Pop -Ups In-store From Amazon

The march continues in owning the shopping experience from Amazon, according to Business Insider, the tech giant has a master plan to open even more pop-up stores in the coming year, they are keen in particularly to showcase its Echo speakers and other devices and hardware like; Kindles and Fire TV. You could be looking at over 100 pop-up stores in the coming months, as the e-retailer is reportedly putting up one almost every week across the US. They are keen to stress though just because Amazon is expanding its physical presence it doesn't mean it's focusing more on bricks-and-mortar shops. Having said that, apparently, these pop-ups are there to give potential customers a chance to play and interact with the products to then drive up their sales online, so surely the increase will continue. We all know this is the best retail strategy for any brand worth their salt that they have a fully integrated experience. Let's see how this shakes up and maybe what partnerships could evolve for big brands on the high street.