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Kym McNicholas On Innovation

All of us have the power to create change. The advances in technology are now such that if you have an idea, it’s easier than ever to execute on it. “Kym McNicholas On Innovation” shares the journeys of successful entrepreneurs, innovators, and investors from around the world who will inspire you to create your own financial independence. The show also features some of the most advanced technologies you’ve never heard of that could be have an impact on your life, your business, and your career. Regular featured segments include “The Edge” which highlights businesses that are game-changing in the enterprise. Plus, each week in “HealthTech”, you’ll hear about a company that’s creating better, safer, faster, and cheaper technologies that will improve patient care and lower costs. And in our “Female Seeking Startup” series hear the success stories of some of the most powerful women who are creating game-changing technologies.
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Kym McNicholas On Innovation
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Jan 5, 2018

Extreme Tech Challenge Top Ten - January 5, 2018 by Kym McNicholas On Innovation

Dec 15, 2017

The Most Innovative Practical Gifts For Car Owners - December 15th, 2017 by Kym McNicholas On Innovation

Dec 8, 2017

The Most Innovative Beverages of the Holiday Season - December 8th, 2017 by Kym McNicholas On Innovation

Summary:

Claude Blankiet was a pioneer in stone washing denim and is now applying the same innovative thinking to wine making. While visiting New York from France, he noticed very traditional styles and a lack of ingenuity in fashion. He moved there in the 1970’s to continue his work in the jean business, eventually creating a technique of washing denim in pumice stones to create worn, lighter wash jeans. Years later, he operates his Napa winery using the same inventive mentality. Upon entering the wine business, Blankiet began work with experienced, yet stubborn winemakers. Professionals were limited by their own knowledge making the wine high quality, but not progressive, just as the fashion industry had been. Blankiet shifted his business away from such mentors and now relied solely on his own taste, which has led to his success.      

 

Key Takeaways:  

Blankiet describes his way of thinking as interpretive management. This is what allows him to transition between businesses, while applying the same skills. He is not so much a creator, as an interpreter of outside ideas and talented in finding an appropriate application for them.

He experiments with non-traditional methods of production in all of his businesses in order to problem solve and maximize productivity.

One example of innovation in Blankiet’s vineyards is used to combat the intense Napa sun. Blankiet uses fabric covers to protect the fruit from direct light and was inspired by the Palm Desert to replicate a fine mist that cools the grapes without wetting them and affecting the wine production.

 

Key Quotes:

“The necessary thing to be successful in fine wine is to find a site and to be respectful of the site and to let the site produce the natural flavors that it is capable of making… The key for me was when I could make decisions about winemaking and let go of the hired talent and just do what I felt needed to be done.” - Claude Blankiet

“I am not a true innovator… most of what I do is using other people’s ideas, or equipment, or technique, or chemical, and finding a proper application to help me out.”- Claude Blankiet

“As a true innovator you are a lifelong learner and always learning lessons and adapting to the lessons that you learned.” Kym McNicholas

“Because of your adaptability and your ability to go and look at other industries, see what they are doing there, and bring those (solutions) in, you might be able to withstand.” - Kym McNicholas

“If your mindset is to try new things, you will find the correct solution to your problem.” - Claude Blankiet

 

                                                                               

Dec 1, 2017

Top B2B Startups To Watch In 2018 - December 1st, 2017 by Kym McNicholas on Innovation

Nov 17, 2017

Legendary Sports Agent Leigh Steinberg on Game Changing Sports Innovation - November 17th, 2017 by Kym McNicholas On Innovation

Sep 29, 2017
The Creative Sprint To Spark Your Next Billion Dollar Idea - September 29th, 2017 by Kym McNicholas On Innovation
Sep 22, 2017
Goodbye Websites, Hello Chatbots - September 22nd, 2017 by Kym McNicholas On Innovation
Sep 9, 2017
Startups - How To Break Out Without Breaking The Law - September 8th, 2017 by Kym McNicholas On Innovation
Sep 1, 2017
How To Fill 1.8 Million Cybersecurity Jobs in 24 Hours - September 1st, 2017 by Kym McNicholas On Innovation
Aug 25, 2017
Relay Ventures; Fundamentals of Raising Venture Capital - August 25, 2017 by Kym McNicholas On Innovation
Aug 18, 2017
How To Get Your Innovation Noticed By Samsung - August 18, 2017 by Kym McNicholas On Innovation
Aug 11, 2017
“Innovating with a purpose,” is something you might hear often. What does that really mean? Phil McKinney and Kym McNicholas touch on the upcoming technologies the cable industry and specifically CableLab are stirring up for the future -- for the better. CableLabs is the research and development arm for the cable industry. The role that broadband now plays in the world is truly remarkable. The question is -- how can they get broadband to those who don’t have it. It’s not longer a “nice-to-have” but rather, a “must-have.” At the CableLab annual conference, the team showed a video that emphasized their vision for the future of healthcare. Virtual doctors and other technologies show promise in the future of medicine. In fact, technologies such as these could cut nearly one trillion dollars in health care costs. You need to question society. What innovation do I need to create to address this societal challenge? It is all about how you define moments of need and connect them.
Aug 4, 2017
Kym McNicholas On Innovation - Aug 4, 2017 by Kym McNicholas On Innovation
Jul 28, 2017
What is the blockchain according to Bill Tai? The internet. The blockchain is the same thing but with assets. It can aggregate history into groups of information with communities of interests surrounding it. CEO of ABRA, Bill Barydt. ABRA has recently partnered with the extremely well known American Express. ABRA is a digital currency wallet for IOS and Android. It allows you to store digital dollars on your smartphone with no bank involved. It is the only application that interoperates between the traditional and the new worlds. The third guest was Toni Lane Casserly, founder of Vnation.io. The idea? To leverage core innovation made by Blockchain infrastructure so that people can design new systems of governance. Next was Kevin Shen from Averon with a goal to make sure people aren’t forgetting they are secure on that side. Lastly, on the legal end of the blockchain was Pawel Kuskowski from Coinfirm. Coinfirm serves as a foundation for the safe adoption and use of blockchain.
Jul 21, 2017
Today on KDOW was Alan Amron, inventor of Post-it Notes. Alan’s piece of advice? Simplify to understand. Secondly, don’t protect your product. Patent and communicate. Get the word out and don’t be afraid of idea stealing thieves. If you have the patent, you have the power. Alan took a number of callers from different companies in the Extreme Tech Challenge. First was Chris Trifecta from Tactical and fourth was Miro Svetlik from PrintRod. How do they educate the market quick enough to make it to the next level? Alan told them one of his most successful tips, simplify to understand. What that means is, explain your product in one sentence or word if you can. The second caller was John McMillian from Shockwave Motors, and the third was Stewart Dennis from Bitbounce. They both want to know - how do you locate and connect with the right people? Look for the vice president of new product development at a successful company that could help you start production. Listen in next Tuesday @ 2PM!
Jul 14, 2017
Next Gen Innovation reporter Gabby, also a student at the University of Southern California told KDOW what entrepreneurs need to know about millennials today, and what is going to catch their attention. What are some things entrepreneurs need to know about millennials? Stop calling them millennials! The word is not only outdated but it carries negative connotations of narcissism. Secondly, they aren’t looking for you so you have to reach out to them. When creating a technology for millennials think “how can I convince them that they need this, without making them search for it?” Lastly is incentive. The best apps such as Snapchat keep young people on their toes, checking the application every ten minutes. New social media platforms are missing the boat because they are trying to come up with a new way of communicating. However, it has to be a new way of interacting with the entire world--even celebrities. What apps aren’t getting enough attention? Apps that make life easier.
Jul 14, 2017
Today on KDOW we had Sandeep Johri, CEO of Tricentis with 25 years of enterprise software experience. When a company writes the code for a piece of software it must be tested to make sure it works and that can be timely and costly. Tricentis software testing technology speeds up the process and reduces the cost for their customers like HBO, Toyota, Starbucks, BMW, Deutsche Bank, and even UBS. Tricentis is truly targeted at larger enterprises that have every technology imaginable-- old and new. Need a solution that spans the whole spectrum? That’s where Tricentis fits in. They knows how to find the entry point in an enterprise, a pain-point one could say. Find the pain-feeling project and expand from there. What is it that people really want to know? How they should be testing in the new world. Tricentis acknowledges how it should be done. Listen in to hear Sandeep answer questions from three callers about their pitches, and how they can grow.
Jul 7, 2017
It started with a handful of women who called out Binary Capital co-founder Justin Caldbeck for what they call inappropriate behavior, making unwarranted advances towards women who approached him for funding. He and his business partners at Binary Capital have offered to resign. Then 500 Startups co-founder Dave McClure was called out for alleged inappropriate behavior. And in a public apology, said he is a self-proclaimed "creep'. This has caused a long overdue stir in Silicon Valley. But this shake-up is far from over. I’m just waiting for the next shoe to drop as female entrepreneurs, who've long joked about going in for a check and out with an unwanted date, get up the courage to come forward. And taking it to the next level, other women may come forward shedding light on investors who simply wouldn’t invest in women because they were in 'child bearing years'. Beyond that, even men may start coming forward and express an abuse of power by the venture capital community as well, showing that the bad behavior in the rich and powerful investing market actually doesn’t doesn’t discriminate. It may be worse for women, but the abuse of power also transcends across the board. It's not to say that all VC's are acting in inappropriate ways. They're not. And I would hate for the venture capitalists and angel investors I work with, who are amazing, respectful, have diverse portfolios, and are incredibly supportive off all people no matter, race, gender, or sexuality, to get looped into the group of bad seeds. They should be celebrated. And in this show we have a great group of powerful women who are choosing to focus on those men AND women in Silicon Valley that support great innovation by ALL. They have great solutions to eliminate the "Creeps" in Silicon Valley and to create a more comfortable, safe, and equal working environment. If you have other suggestions, please share with any one of us personally, join us on Twitter using #GirlsInTech or #StandTogether, or in the comment section as well. Let's keep this conversation going.
Jun 30, 2017
Doctor Raghotham Patlola says he's never seen a medical device in the field of cardiology with the track record of Ra Medical System's DABRA Laser System. After presenting at an industry conference in Florida, he reminisced with the inventor of the excimer laser, which is used to unclog arteries using the power of light, about his early skepticism. With an unbelievable trial success rate of 95%, Dr. Patlola has now identified the patients that will benefit from this procedure. The idea of a painless, outpatient, local anesthesia procedure made people with difficult cases of peripheral artery disease more keen to participate. The problem is that the media likes to focus on the heart, not the legs. However, what the media does not know is that amputation has proven to cause much more psychological trauma and cost much more money than a heart attack. Listen in to heart Dr. Patlola and Dean Irwin answer business questions from Extreme Tech Challenge contestants.
Jun 30, 2017
ResultCare is a social network and search engine for doctors. Physicians bring their opinion to the platform on a specific scientific topic. Say there’s a cardiologist with 15 years of practice behind them who is about to submit an entry--ResultCare will have them go through their publications and how long they have been practicing, ultimately giving you a score. Your boat will end up carrying a lot more weight than say, a podiatrist who has been practicing for five years. A doctor makes 256 different decisions with patients on an average day, and ResultCare is there to aid that process and make sure physicians are making the right decisions. A focus study split into two groups--experimental using ResultCare and control using the internet--concluded that using ResultCare saved physicians nearly $7,900. ResultCare needs a user acquisition of about 5,000 physicians and five hospital contracts, and they are looking to achieve those goals in the next six to nine months.
Jun 23, 2017
Veronica Serra, one of the most sought after investors in all of Brazil talks about the criteria she uses when making investments. She tells KDOW listeners to find the right entrepreneurs to back. Caller Michael asked Veronica what she looks for in a company to have accomplished when looking to invest. First, Veronica looks if the company has a quality team. Second, she says get cases built around what your company is trying to do. Veronica tells Michael to engage in partnerships that can help you scale quickly. Ethan, cofounder of AWARE asks about the best practices to succeed and separate. Highlight what makes you different. Robert asked Veronica, what are the top recommendations regarding market success? Veronica says get your tools used by a rolemodel user who you can refer. Caller Gene from AwardEx.io, asks Veronica should they develop more features or focus on client acquisition? She says add features that no one else has, and then go full fledge in acquiring more users.
Jun 16, 2017
No debt. No venture capital. Profitable since year three. FDA clearances are in-hand. What's next, IPO? Ra Medical Co-founder/CEO Dean Irwin talks about how a technology, once only used for LASIK surgery, has now been adapted to tackle the number one killer in America, Cardiovascular Disease. Their ultimate goal with this technology? To prevent heart attacks by unclogging coronary arteries. Despite what your mother always told you growing up about sun exposure, UV radiation can actually be life-saving. Dean Irwin, co-founder of DABRA and CEO of RA Medica will tell us how his company harnesses the power of the sun to create a huge medical breakthrough. The excimer laser combines gases that react to create a laser light in the ultraviolet range. RA Medical has turned this laser into a medical miracle that can ablate right through the rock hard calcium and other buildup in the arteries, turning it back into its constituent, pre-existing components. The most recent news? DABRA has just received FDA approval for clinical trial and funding from Medicare. DABRA stands for Destruction of Arteriosclerotic Blockages by Laser Radiation Ablation. Dean combines his skills such as chemistry, optics and mechanics to uncover next-level medical inventions. He took his knowledge of electronics and how that kind of power system works and began to apply it to the excimer laser. After much trouble and set-back at General Atomics, Dean eventually started RA Medical when he was able to discover the ideal wavelength of the excimer laser to treat specific disorders. Dean took that model and evolved it into the PHAROS excimer laser that sends embarrassing skin conditions such psoriasis and vitiligo into remission. Now, with the DABRA laser, RA Medical is treating patients who suffer cardiovascular diseases using liquid instead of glass. They find that the excimer laser catheter, or DABRA, also keeps the physicians out of trouble. It doesn't have a lot of adverse events. In fact, in their pilot study, they did not have a single adverse event. A very rare, safe, and affordable cure is what this is! Doctors are keen to start using the DABRA because of the lack of a solution for 100% blockages in which a guidewire cannot cross through. RA Medical hopes to move the DABRA system beyond Peripheral Artery Disease. They see greater applications for arteries feeding the heart, as well as applications unclogging stents (in-stent restenosis). More FDA studies to come.
Jun 9, 2017
Mohit Garg is the co-founder and Chief Revenue Officer at MindTickle--a company that trains, coaches and aligns sales teams to be more effective. On today’s show, Mohit shared with us some “Secrets to Scaling Sales” and provided answers to a few startups that called in. Mohit points out how the nature of the sales process today has changed significantly from a “notion of asymmetry” to be “much more value-centric.” This relates to how today, the market is much more democratic and the process is much more scientific. Mohit notices how it is about establishing the value equation and asking “how will this benefit my business?” Alan Cannistraro is the co-founder and CEO of RHEO, an all new video viewing experience that launched one week ago. This alternative to large competitors such as Vimeo and Youtube is the “perfect product” with “perfect timing.” Cannistraro points out how recently there has been a paradox of choice in which viewers do not know where to go or what to look for because there is “too much noise.” RHEO is a company designed to alleviate stress and anxiety with organized and consistently high quality videos. The product is organized by seven moods such as ‘chill, laugh and learn.’ The goal is to make the decision process significantly easier when you don’t actually know what you want The Narrative Summit is the third event produced by the Digital Narrative Alliance (DNA) to explore the use of storytelling as a business and social tool. "Stories That Change" is the focus of the third conference, which will take place June 20th at UCSF's Mission Bay Conference Center. Mitch Ratcliffe is managing director of DNA and our third guest today. What's this Narrative Summit all about? How to use stories to align mission and goals; Techniques to engage your audience towards a future state; To use stories to engage internally and externally; How to handle stories that can conflict with mission and goals; To use stories and narratives to develop co-designed products, services, and futures, based on proven film and marketing strategies represented by our speakers.
Jun 2, 2017
How do you think big when you don’t. What a great question. You start a company. You find success initially with your product. You may be profitable. But you’ve plateaued – what next? How do you scale? Or let’s say You start a company. You have a great product. You’re not yet profitable. And you need to raise money to subsidize growth? Over the next hour we have Aurelia Setton to share the secrets to scaling your business. She is the founder and CEO of MontBlanc Ventures, which does seed investments in early stage startups. It also offers executive, hands-on operational support to companies that are ready to scale… with go-to-market and sales, whether they’re financially involved in the organization or not. Aurelia has a proven track record in helping companies to scale. She’s helped scale a small family-owned wine business from zero to $15 million in revenue, helped a cleantech company raise $90 million, along with guiding their growth to IPO. Plus, she’s driven growth in LinkedIn’s sales organization, managing a global sales team and putting in place structure to limit the cost of sales without impacting effectiveness, in fact increasing positive impact on customers. She then went on to build a vertical business of $30M within a larger organization called Medallia, providing software for companies to scale while keeping customer feedback in the center of their decisions. And that’s just to offer a few of the many highlights of her career. She’s now dedicating her time to helping as many startups as she can manage, and even more than that. I am sure the challenge for her is to keep having to select the best companies to work with while spending time helping the largest number of startups possible.
May 26, 2017
A new universal language is being developed by a Silicon Valley entrepreneur! It has the potential of breaking down communications barriers globally! It's incredibly intuitive. In fact, it's a language we all speak already and never really think about it.It's visual! it's pictures! And Anna Vital, a Girls in Tech Amplify startup competition finalist is creating it!. Now, you might wonder how you can not only tackle a task so daunting as to create an organized visual language. I mean, where would you start? And how do you make money while doing it? She's figured it out! Her business model is brilliant. Hear how law school inspired her to create this language and how she goes about developing an icon that anyone can understand. She also explains her systematic approach to turning icon creation into an entire language.
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