Monday, June 3, 2013

Innovators are born.

Innovators are not necessarily educated.
One often wonders what makes an Innovator?
Is it formal education or training or sheer genius skills of the person concerned?
If you see the array of successful business men they are all not MBA’s but they had to struggle their way forward.
Take Steve Jobs who pioneered a host of innovations in Apple and was a highly successful business entrepreneur and he was a college dropout.
Take Bill Gates another successful business man and he too was a college dropout.
Take Marck Zuckerberg of Face Book, though he went to college but did not finish and he is the innovator of Face book.

I happened to read about David Karp, he has not finished school, is a school dropout.
This is an interesting story and that too of a successful guy who mastered the HTML script on his own.
He is the owner inventor of Tumblr.
He is just 26 years old now.

At the age of 14 years he gave up school and started working for an Apple service outlet,
He was working for Fred Siebert who found MTV Nickledom & Comedy Central.
In 2005 he found the Tumblrblog.
 This contained links to other blogs and sites of photography.
He made this site very user friendly, developed tools for the users to do things on this site.
It did not do well.

 In 2007 it attracted some venture funds and got its funding to propel intensive growth in this venture.
In 2010 the system crashed and he had to use Twitter to stay in touch with its customers.
He has revamped the business in 2010, by closing down story board its in-house content business.

Tumblr has today over 300 million users and gives opportunities to its users in variety of subjects, like blogs, photography etc,
This company has attracted many big players and now it is sold to Yahoo for 1.1 billion usd.


If one analyses the growth of this company since it started in 2005 the transformation is fantastic, and David has demonstrated that one needs skills and business acumen but you need not acquire these skills from business school.

2 comments:

debanjan™ said...

Faced with skepticism and the possibility of failure, innovators have to rely on their own will to succeed. Those who are passionate about their ideas will work to see them through. Innovators have to be able to push back against the doubts.

When Bill Gates founded Microsoft, he was just driven by an inner fire, this all-consuming passion to reshape the world with personalized computers. He tried to sell Microsoft to IBM, and when they turned him down, he said, 'Fine, we'll build it ourselves,' and look how far he's taken it.

Ananth Iyer said...

Dear Debanjan,
Thanks for your comment.