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Instaling Indies' Lies2/25/2024 ![]() When James Dyson recounted the origin story of the first bagless vacuum cleaner to Tim Ferriss (full transcript of the fantastic conversation here), his own personal resource constraints were what drove him over the edge of invention: And Johnson’s line gives us a glimpse into why: if necessity, as they say, is the mother of invention, perhaps we could say that constraints are invention’s crazy uncle. My friend and esteemed Stanford GSB Professor Charles O’Reilly remarked to me recently how large organizations, because of their scale, capabilities, and resources ought to be much more innovative than small organizations. One line in particular struck me: " This was Tutor’s frugal genius: he took three things that the market had effectively priced at zero – ice, sawdust, and an empty vessel – and turned them into a flourishing business.” ![]() How Frederick Tudor created an entire global industry, where none had previously existed, by establishing trade between the frigid north east and the West Indies, is truly incredible. One of the six innovations that Steven Johnson explores in his fantastic How We Got To Now is ice. ![]()
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