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Inventions: 7 ways to come up with money-making ideas
Learn how to enter into the mindset of a successful inventor.
- Inventors come up with brilliant ideas through bucking trends and fostering creative mental spaces.
- Applied observation and deep thought is a necessity if you're going to invent something.
- Having an open mind to many ideas is a key starting point towards coming up with new ideas.
Our world and modern civilization has been shaped by breakthrough inventions and innovators who pushed the bounds of technology and commerce to the brink. Some did it for grand and noble causes either in the name of science, war or religion. Others just wanted to make an extra buck. Whatever the underlying motive is, there is no denying that invention is the root of all progress. And as you've probably heard – necessity is the mother of all invention. Inventions are the holy grail of creation. In our society, we idolatrize those great inventors and their novel ideas and many of us wish to emulate them.
If you've ever had any innovative inclinations, you've probably once pondered the prospects of how to come up with an invention. It's a tricky thing to try and learn how to create something that has never existed before. There isn't exactly a printed manual that's going to tell you how to do it. But there is a rich history of invention and we've learned along the way that there are certain ways to catalyze ourselves into this creative state.
Here are 7 ways to come up with inventions and other money-making ideas.
Learn to relax and meditate
Eureka! This is the famous word that Archimedes uttered after stepping out of the bath and realizing that the volume of water displaced was equal to the volume of his body submerged in the water. Out of nowhere this idea seemed to erupt. But what he was doing at the time, might have been responsible for this sudden inventive impulse.
Some scientists believe that the bath or shower setting helps to spurn creative thinking. In a speech about work performance, Scott Barry Kaufman stated that:
"The relaxing, solitary, and non-judgmental shower environment may afford creative thinking by allowing the mind to wander freely, and causing people to be more open to their inner stream of consciousness and daydreams."
This same line of logic can be applied to active meditation. Once you're able to silence your mind, that constant stream of consciousness coming through is given a chance to express itself in new ways. This is a theme you'll see frequently when it comes to invention.
Think about what you don’t like in this world
Social entrepreneur, Miki Agrawal, asks one simple question before setting off to create or invent something: "What sucks in my world?"
She runs a multitude of socially conscious businesses. It was this question that led her to create a global sanitation empire. On the subject of motivation she states:
"What keeps us motivated, that when you close your eyes you can say, for every product sold I'm helping support someone who really desperately need something like this, or desperately needs to have a solve for what their issue is, like the global sanitation crisis."
Motivation like this helps to get those hidden ideas locked away inside of us off of the ground and into reality. It's also this motivation that turns an idea into a money making business.
Expand on a pre-existing system and make it your own
Many people don't seem to understand the maxim and often misattributed quote which states:
"Good artists copy, Great artists steal."
One way of looking at it is to think about how many creative people build off of those that came before them and develop that work of art, system or whatever it is into an even greater creation. That is the gist of the quote and the idea. Those who expand it and make it their own are in a very limited sense, stealing these ideas.
One such inventor to do this was the Renaissance Man, Luca Pacioli, today celebrated as one of the most famous accountants who ever lived. He popularized the double-entry system which was known as alla veneziana in the old Venetian days some few hundreds before he was born. Although Pacioli didn't invent the system, he did take it to the greater heights and ubiquitous use in which we rely on it today.
Pacioli wrote a treatise on the subject of mathematics in 1494. Twenty seven pages of that book are dedicated to the idea of double-entry bookkeeping. Pacioli was meticulous when it came to expanding on this idea and making it his own. He also felt very strongly about the importance of this invention when it came to business. At one point he stated:
"If you cannot be a good accountant… you will grope your way forward like a blind man and may meet great losses."
Engage in mindful observation
Having a creative mindset gives you a new perspective on regular things around you. The ability to be still and just look at things is a simple, but often ignored action. Gaining observational skills helps you to learn, recall and expand upon your immediate surroundings.
This skill is crucial when trying to come up with new inventions.
Typically, you're racking your brain over trying to come up with a new idea, improve upon something or identify a trend if you're trying to create a new business. The trick is to simply observe whatever it is you're after.
These observational skills come in handy, whether you're trying to make sense of some dataset or you're just engaged in some mindless meandering while you're out walking through the city. The ability to truly see what is going on without a million other filters in your head is the path towards creation.
Fight against established views and trends
Whitfield Diffie and Martin Hellman
In the early days of the internet, a few Stanford researchers had received a letter from United States agency threatening them if they presented their findings on the subject of public-key cryptography. The very technology that would one day go on to secure our email transmissions, shop online and pretty much allow for the functioning internet we know today.
The breakthrough paper by Whitfield Diffie and Martin Hellman, which would come to be known as the Diffie-Hellman theory and eventually turned into the RSA encryption technique was once the target of governmental suppression.
Admiral Bobby Ray Inman was in charge of the agency in question. He viewed cryptography as only having a basis in espionage. His reasoning for coming down on the two researchers was because he believed that this type of information might help enemies in future wars encode their messages in a way the United States couldn't crack it. This lack of understanding put him in a regressive mindset. The researchers on the other hand were looking towards the future.
Sometimes you have to be the evolutionary rogue who goes against the grain of established ideas. It is the only way towards progression.
Don’t discount supposed bad or unfeasible ideas
"Any idea can be a great idea if you think differently, dream big, and commit to seeing it realized." - Richard Branson, CEO and Founder, Virgin Group.
When you're in the chaotic boiling pot of creativity, there's no time to waste by being hard on yourself or downing your ideas. Develop each idea as far it'll take you. You could be sitting on a potential gold mine of a new invention. At this point anything goes. Don't reject an idea before you've fully fleshed it out or thought about it. What you call bad ideas might be the starting point for feasible ones that have some true merit to them.
The goal is to create as many ideas as possible, no matter how strange they may sound. You'll have a lot of material to work with here.
Participate in non judgemental brainstorm sessions
Author Alex Osborn presented an interesting angle of the steps of brainstorming in his 1953 book titled Applied Imagination: Principles and Practices of Creative Thinking. He broke down the proper steps in a brainstorming session that led to invention or other creative processes.
First you figure out what the problem is and then begin to gather data. Following that you start breaking down the relevant data you've gathered and analyze it. Next you come to some kind of hypothesize and then invite others to think about and expand on that idea. Finally you'll begin to put everything together before judging if the idea holds merit.
Any sort of criticism is reserved until the idea has been fully fleshed out. This is a free and open space for you to think about anything without harsh judgement.
Andy Samberg and Cristin Milioti get stuck in an infinite wedding time loop.
- Two wedding guests discover they're trapped in an infinite time loop, waking up in Palm Springs over and over and over.
- As the reality of their situation sets in, Nyles and Sarah decide to enjoy the repetitive awakenings.
- The film is perfectly timed for a world sheltering at home during a pandemic.
Richard Feynman once asked a silly question. Two MIT students just answered it.
Here's a fun experiment to try. Go to your pantry and see if you have a box of spaghetti. If you do, take out a noodle. Grab both ends of it and bend it until it breaks in half. How many pieces did it break into? If you got two large pieces and at least one small piece you're not alone.
But science loves a good challenge<p>The mystery remained unsolved until 2005, when French scientists <a href="http://www.lmm.jussieu.fr/~audoly/" target="_blank">Basile Audoly</a> and <a href="http://www.lmm.jussieu.fr/~neukirch/" target="_blank">Sebastien Neukirch </a>won an <a href="https://www.improbable.com/ig/" target="_blank">Ig Nobel Prize</a>, an award given to scientists for real work which is of a less serious nature than the discoveries that win Nobel prizes, for finally determining why this happens. <a href="http://www.lmm.jussieu.fr/spaghetti/audoly_neukirch_fragmentation.pdf" target="_blank">Their paper describing the effect is wonderfully funny to read</a>, as it takes such a banal issue so seriously. </p><p>They demonstrated that when a rod is bent past a certain point, such as when spaghetti is snapped in half by bending it at the ends, a "snapback effect" is created. This causes energy to reverberate from the initial break to other parts of the rod, often leading to a second break elsewhere.</p><p>While this settled the issue of <em>why </em>spaghetti noodles break into three or more pieces, it didn't establish if they always had to break this way. The question of if the snapback could be regulated remained unsettled.</p>
Physicists, being themselves, immediately wanted to try and break pasta into two pieces using this info<p><a href="https://roheiss.wordpress.com/fun/" target="_blank">Ronald Heisser</a> and <a href="https://math.mit.edu/directory/profile.php?pid=1787" target="_blank">Vishal Patil</a>, two graduate students currently at Cornell and MIT respectively, read about Feynman's night of noodle snapping in class and were inspired to try and find what could be done to make sure the pasta always broke in two.</p><p><a href="http://news.mit.edu/2018/mit-mathematicians-solve-age-old-spaghetti-mystery-0813" target="_blank">By placing the noodles in a special machine</a> built for the task and recording the bending with a high-powered camera, the young scientists were able to observe in extreme detail exactly what each change in their snapping method did to the pasta. After breaking more than 500 noodles, they found the solution.</p>
The apparatus the MIT researchers built specifically for the task of snapping hundreds of spaghetti sticks.
(Courtesy of the researchers)
What possible application could this have?<p>The snapback effect is not limited to uncooked pasta noodles and can be applied to rods of all sorts. The discovery of how to cleanly break them in two could be applied to future engineering projects.</p><p>Likewise, knowing how things fragment and fail is always handy to know when you're trying to build things. Carbon Nanotubes, <a href="https://bigthink.com/ideafeed/carbon-nanotube-space-elevator" target="_self">super strong cylinders often hailed as the building material of the future</a>, are also rods which can be better understood thanks to this odd experiment.</p><p>Sometimes big discoveries can be inspired by silly questions. If it hadn't been for Richard Feynman bending noodles seventy years ago, we wouldn't know what we know now about how energy is dispersed through rods and how to control their fracturing. While not all silly questions will lead to such a significant discovery, they can all help us learn.</p>
The multifaceted cerebellum is large — it's just tightly folded.
- A powerful MRI combined with modeling software results in a totally new view of the human cerebellum.
- The so-called 'little brain' is nearly 80% the size of the cerebral cortex when it's unfolded.
- This part of the brain is associated with a lot of things, and a new virtual map is suitably chaotic and complex.
Just under our brain's cortex and close to our brain stem sits the cerebellum, also known as the "little brain." It's an organ many animals have, and we're still learning what it does in humans. It's long been thought to be involved in sensory input and motor control, but recent studies suggests it also plays a role in a lot of other things, including emotion, thought, and pain. After all, about half of the brain's neurons reside there. But it's so small. Except it's not, according to a new study from San Diego State University (SDSU) published in PNAS (Proceedings of the National Academy of Sciences).
A neural crêpe
A new imaging study led by psychology professor and cognitive neuroscientist Martin Sereno of the SDSU MRI Imaging Center reveals that the cerebellum is actually an intricately folded organ that has a surface area equal in size to 78 percent of the cerebral cortex. Sereno, a pioneer in MRI brain imaging, collaborated with other experts from the U.K., Canada, and the Netherlands.
So what does it look like? Unfolded, the cerebellum is reminiscent of a crêpe, according to Sereno, about four inches wide and three feet long.
The team didn't physically unfold a cerebellum in their research. Instead, they worked with brain scans from a 9.4 Tesla MRI machine, and virtually unfolded and mapped the organ. Custom software was developed for the project, based on the open-source FreeSurfer app developed by Sereno and others. Their model allowed the scientists to unpack the virtual cerebellum down to each individual fold, or "folia."
Study's cross-sections of a folded cerebellum
Image source: Sereno, et al.
A complicated map
Sereno tells SDSU NewsCenter that "Until now we only had crude models of what it looked like. We now have a complete map or surface representation of the cerebellum, much like cities, counties, and states."
That map is a bit surprising, too, in that regions associated with different functions are scattered across the organ in peculiar ways, unlike the cortex where it's all pretty orderly. "You get a little chunk of the lip, next to a chunk of the shoulder or face, like jumbled puzzle pieces," says Sereno. This may have to do with the fact that when the cerebellum is folded, its elements line up differently than they do when the organ is unfolded.
It seems the folded structure of the cerebellum is a configuration that facilitates access to information coming from places all over the body. Sereno says, "Now that we have the first high resolution base map of the human cerebellum, there are many possibilities for researchers to start filling in what is certain to be a complex quilt of inputs, from many different parts of the cerebral cortex in more detail than ever before."
This makes sense if the cerebellum is involved in highly complex, advanced cognitive functions, such as handling language or performing abstract reasoning as scientists suspect. "When you think of the cognition required to write a scientific paper or explain a concept," says Sereno, "you have to pull in information from many different sources. And that's just how the cerebellum is set up."
Bigger and bigger
The study also suggests that the large size of their virtual human cerebellum is likely to be related to the sheer number of tasks with which the organ is involved in the complex human brain. The macaque cerebellum that the team analyzed, for example, amounts to just 30 percent the size of the animal's cortex.
"The fact that [the cerebellum] has such a large surface area speaks to the evolution of distinctively human behaviors and cognition," says Sereno. "It has expanded so much that the folding patterns are very complex."
As the study says, "Rather than coordinating sensory signals to execute expert physical movements, parts of the cerebellum may have been extended in humans to help coordinate fictive 'conceptual movements,' such as rapidly mentally rearranging a movement plan — or, in the fullness of time, perhaps even a mathematical equation."
Sereno concludes, "The 'little brain' is quite the jack of all trades. Mapping the cerebellum will be an interesting new frontier for the next decade."
What happens if we consider welfare programs as investments?
- A recently published study suggests that some welfare programs more than pay for themselves.
- It is one of the first major reviews of welfare programs to measure so many by a single metric.
- The findings will likely inform future welfare reform and encourage debate on how to grade success.
Welfare as an investment<p>The <a href="https://scholar.harvard.edu/files/hendren/files/welfare_vnber.pdf" target="_blank">study</a>, carried out by Nathaniel Hendren and Ben Sprung-Keyser of Harvard University, reviews 133 welfare programs through a single lens. The authors measured these programs' "Marginal Value of Public Funds" (MVPF), which is defined as the ratio of the recipients' willingness to pay for a program over its cost.</p><p>A program with an MVPF of one provides precisely as much in net benefits as it costs to deliver those benefits. For an illustration, imagine a program that hands someone a dollar. If getting that dollar doesn't alter their behavior, then the MVPF of that program is one. If it discourages them from working, then the program's cost goes up, as the program causes government tax revenues to fall in addition to costing money upfront. The MVPF goes below one in this case. <br> <br> Lastly, it is possible that getting the dollar causes the recipient to further their education and get a job that pays more taxes in the future, lowering the cost of the program in the long run and raising the MVPF. The value ratio can even hit infinity when a program fully "pays for itself."</p><p> While these are only a few examples, many others exist, and they do work to show you that a high MVPF means that a program "pays for itself," a value of one indicates a program "breaks even," and a value below one shows a program costs more money than the direct cost of the benefits would suggest.</p> After determining the programs' costs using existing literature and the willingness to pay through statistical analysis, 133 programs focusing on social insurance, education and job training, tax and cash transfers, and in-kind transfers were analyzed. The results show that some programs turn a "profit" for the government, mainly when they are focused on children:
This figure shows the MVPF for a variety of polices alongside the typical age of the beneficiaries. Clearly, programs targeted at children have a higher payoff.
Nathaniel Hendren and Ben Sprung-Keyser<p>Programs like child health services and K-12 education spending have infinite MVPF values. The authors argue this is because the programs allow children to live healthier, more productive lives and earn more money, which enables them to pay more taxes later. Programs like the preschool initiatives examined don't manage to do this as well and have a lower "profit" rate despite having decent MVPF ratios.</p><p>On the other hand, things like tuition deductions for older adults don't make back the money they cost. This is likely for several reasons, not the least of which is that there is less time for the benefactor to pay the government back in taxes. Disability insurance was likewise "unprofitable," as those collecting it have a reduced need to work and pay less back in taxes. </p>