How To Turn Your Ideas into Reality!

Ten years ago, Daryl Gibson had moved his family to York, Pennsylvania, USA. Prior to making that move, he had lived all over the world, experiencing a certain energy in the various places that was generated by all the ideas that others had been developing. Gibson had little doubt that exciting things were taking place in York, yet at the same time, he was not specifically aware of them. He had spent several years meeting with friends for lunch; gatherings that would turn into meetings to discuss their latest ideas.

Each and every lunch gathering would end with Gibson and his friends going back to their “ordinary” lives, yet a lasting impression had already been made on Gibson himself. Born from those gatherings was the concept of Innovative X. It had started out as a small group that sought to help one another in terms of developing ideas, regardless of what they were. Initial interest in the group was high, allowing room for rapid growth.

As Daryl Gibson was mentoring a number of people through the idea development process, he began to consider automating the process. He saw how TurboTax guided people through the tax preparation process and began thinking of ways to apply that model to developing ideas. This had come at a time when he had an epiphany that the low success rate of idea commercialization was largely because of a lack of understanding of the process, as opposed to an unavailability of resources.

Daryl Gibson, greatly influenced by those he refers to the “great innovators of our time”, such as Elon Musk and Reid Hoffman, began to research with the intent of building a process that’s capable of transforming any idea into reality. He conducted intense research by studying the commonalities of numerous methodologies such as TRIZ, lean Startup, Stage Gate, Human Centered Design and many others and combining them with his own observations and experiences. Later on, he assembled a team and began the creation of an online tool that they called Idea Essentials.

According to Bloomberg, eight out of ten entrepreneurs who start businesses fail within the first eighteen months, but that’s not all. According to Stephen Key, ninety-seven percent of all patents fail to earn enough to cover their filing costs. These odds are admittedly quite horrible for anyone with ideas and hopes to commercialize their ideas. Innovative X can help change this by providing everyday people with the ability to take their ideas from concept to market whilst reducing risk and cost. The chances of success are sure to improve.

Gibson had met with tons of people, but none of those professional partnerships had worked out for most part. His persistence paid off eventually, and he was able to find one that worked out quite well by offering a creatively structured profit sharing arrangement. Another challenge pertaining to the lack of funds was that Innovative X had almost no money to work with. Gibson, however, describes this as a blessing in disguise.

This was achieved by bartering and helping others in identifying with their company’s mission and goals. Then there were those people who believed that their ideas were unique and could never be developed with the use of a program that is built for all ideas. What they failed to comprehend is that every idea shares common requirements which must be performed in a very strict order. The failure of certain people to comprehend this has been quite challenging to say the least.

Innovative X’s drive is to challenge everything and respect teammate’s rights to contribute their input. This creates an environment in which everyone feels comfortable in sharing their observations, concerns, and suggestions, no matter how controversial. This approach to business allows for the improved creation of products and services in a way that competitors would find difficult to match.

The team at Innovative X understands the importance of motivation and morale. One of Gibson’s top priority is making sure that his team is not overwhelmed or too stressed out by the demands of work.