Visionary or idiot? How to tell the difference.
The Six Percent Entrepreneur
Visionary or idiot? How to tell the difference.
September 6, 2021
In this episode, we talk about how to know whether a method is smart or not.
When you are a visionary and you think differently, you think divergently, then sometimes some of your ideas doesn't make sense to other people or it might go against norms and it's unconventional. So people don't want to actually give you the time to actually think through what you're saying. So this is actually one of the frustrations or a feeling that I've always had. So now, whenever I hear other people's ideas, no matter how stupid it might actually sound to be, I will give them a chance because I know that there's definitely a probability that I'm probably a misunderstanding and this person like you don't want to discount someone's idea because you could be missing out on their true visionary. 

Now, how do you tell whether an idea is stupid or not? That's what this episode is about. So I'm going to kind of share two different stories on two different experiences, one in business school and one in the corporate world. That will kind of give you an idea on how you can test whether your method is unconventional or non-conventional, whatever, whether it's actually a valid method. 

So in business school, I remember that I would just come up with my own ways, my own different models of evaluating things. And it just made sense to me. And when I was doing one of my school projects, I came up with this number and the professor was like how did you come up with this number? And I broke out my model and I showed my model and they were like this, this doesn't make any sense like no, you don't do things this way, you know just because it was like something that she hasn't seen before, it was automatically discounted. I could kind of tell she was trying to make some sense out of it. But it didn't it was nothing that you learned in school. So because it's nothing you learned in school, it must not be valid. Right? That was kind of like the thought process. 

Fast forward, when I'm in my data science job, I actually developed a model to be able to, like a prediction model, to be able to predict the future with load with how much a commercial property, how much electricity commercial property uses. To be able to create this prediction model, there are conventional methods that are already in place that you can use. Well for me, I just cooked up something like really quickly on Excel, and when my manager looked at it who is like a Ph.D. in econometric so he knows this shit like hands down. And as well as the Chief Commercial Officer and let me say these guys are like some of the smartest people in the fucking world. I didn't mean a curse. Actually, I did kind of the curse but they are super smart. So they know what they're doing, they know what they're talking about but I think this is where I was at least validated on my own creativity because they both looked at my model, they're like how did you put this together? And you know, I kind of like explained it, they didn't get it. 

But the thing is it worked right and they kind of just shrug and they're like, well it works and they threw different numbers at it and you know, it worked every single time. So like it works. So we actually used it because it works and that was so validating because here I was creating this entirely new way of doing something entirely new method and it wasn't just discounted, right? Because it wasn't something that someone hasn't seen before. 

So the way you know, whether your method is stupid or not or dumb or not is you actually test it and if you can test it and it just works and you throw all these different types of tests on it, you stress test it and it works, then guess what? That's a pretty good model. So I hope this helps. This is Robin Copernicus. Boom, bam, I'm out.

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