Innovation

PofE 077: Thomas Edison’s Innovation and Invention Process

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"Genius is one percent inspiration and ninety-nine percent perspiration." -Thomas Edison

Background:

Thomas Edison became an inventor and innovator who presented several breakthroughs that made a profound impact on the lives of those during his time and shaped the development of the standard of living for those today. As a boy, he would often travel back and forth between Detroit and Port Huron. He would bring fresh produce to Detroit consumers while returning to Port Huron with the most recent Detroit newspapers. He eventually hired others his age to expand his business. He understood from an early age the importance of recognizing the needs of consumers and setting out to create products to satisfy those needs.

Innovation

PofE 023: Are You An Innovator?

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“Innovation is the creation of the new, or the re-arranging of the old in a new way.”

–Mike Vance

His Life

  • Born May 6, 1870 in San Jose, California.
  • Parents were immigrants from Favale di Malvaro in Italy.
  • Went to Heald College in San Francisco.
  • Started out as a produce broker, commission merchant, and a produce dealer for Santa
    Clara Valley farms. He was extremely successful.
  • Was able to retire at the age of 31.