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Last Update: Friday December 15, 2017

Key Idea: Think Of Your Mind As A Mine

On April 10, 1790, President George Washington signed a bill that became the foundation for the American patent system. Host Hattie Bryant reminds us that it was Abraham Lincoln who one of the most strident advocates of the US patent office. More...

Key Question:

A: 

Abraham Lincoln was a genius for many reasons. In this program we are focused on his brilliant articulation of how a free people could prosper when given the opportunity to profit from ideas.

Q:  Just assume that Lincoln is right; how do you access your own genius?

A:  By going inside. This does not mean we have to be isolated or monastic -- set apart from the world. It means that each of us can take all of our experiences and apply them to create a perfect future reality. Carry Sohrab Vossoughi's question, "What if," in your mind at all times.

Eventually, your mind will take you into it's mine where you can extract many great ideas.

Think about it

What was your last great idea? What did you do with it? What problem should you be working to solve right now?

Clip from: Innovation and Invention with Michael Novak

Washington, DC and around the world:  What drives people to challenge the status quo? ...to go out into the unknown? ...to try to create things that have never been seen before? Why do these people work so hard and stretch so far? Everybody talks about them, saying things like, "Crazy!" "They'll kill themselves."  "They're in a world of their own."  Yet, these daring people, driven by principles and dreams, are changing our world for the better.

We turned to scholar, Michael Novak, of the American Enterprise Institute for insights.  Novak would like to see this innovative spirit take root throughout the world. And, it is.

We all must prepare today for the invevitable tomorrows.

Small Business Owners Everywhere in the world, We all will exit our business someday.

Visit our web site: http://smallbusinessschool.org/page1107.html

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Think Of Your Mind As A Mine

In the Studio: Michael Novak was smitten by Abraham Lincoln's 1850 lecture on discoveries and inventions. He championed the patent office. He was the only President to be awarded a patent and his words should be cherished by all Americans, and yes, by all people.

Let me recite just a few and encourage you to come to the Web to read the entire document.

Lincoln said, 'All creation is a mind and every man a miner. The whole earth, and all within it, upon it and round about it, including himself in his physical, moral, and intellectual nature and his susceptibilities are the infinitely various leads from which man, from the first, was to dig out his destiny. In the beginning, the mine was unopened, and the miner stood naked, and knowledgeless upon it.

At the very end of the document Abraham Lincoln going well beyond the paraphrasing of the Genesis writer concludes, 'Next came the Patent laws. These began in England in 1624; and, in this country, with the adoption of our constitution. Before then, any man might instantly use what another had invented; so that the inventor had no special advantage for his own invention.

The patent system changed this; secured to the inventor, for a limited time, the exclusive use of his invention; and thereby added the fuel of interest to the fire of genius, in the discovery and production of new and useful things.'

(Voiceover) At smallbusinessschool.org there is self-help study for people who want to start a business and for those who want to grow the business they have. To learn more about this episode, choose the overview. You can read every word you're hearing today when you choose the transcript. And go deeper with the case study. There's streaming video, and access to interactive study guides throughout the site.

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