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    Podcast Summary

    • Understanding the origins of what we consumeTransparency in the industry is crucial. Ritual's commitment to traceability sets a new standard, ensuring accurate and reliable information for consumers.

      Transparency and knowing the origin of what we consume is essential. Kat, the founder of Ritual, shares her experience of discovering the questionable sources of vitamin D3 supplements, which often come from sheep's wool, and her motivation to create a company committed to traceability. The illusion of shadows illustrates the importance of knowing what is real and what is not. Magician Raymond's attempt to copyright his illusion was thwarted due to the public nature of magic tricks. These stories emphasize the significance of understanding the origins and processes behind what we put in our bodies and consume as entertainment. Ritual's commitment to traceability in the supplement industry sets a new standard, ensuring that consumers have access to accurate and reliable information.

    • Magician's Secret Stolen and Put Up for SaleUnderstanding and utilizing intellectual property laws is crucial for protecting creative works from being stolen and sold online.

      Magician Raymond's secret was stolen and put up for sale online by a Dutchman. Raymond tried to reason with him, but the Dutchman demanded payment to not sell the secret. When Raymond discovered that dramatic works and pantomimes are protected under copyright law, he argued that his shadow performance was a pantomime, not an illusion. The judge agreed, but the Dutchman changed tactics and proposed to demonstrate his method to the court, which could potentially reveal Raymond's secret. This highlights the importance of understanding and utilizing intellectual property laws to protect creative works. It also underscores the challenges and risks involved in the creative industry, where secrets and techniques can be valuable commodities.

    • Magician's Performance Elements Recognized in Copyright CaseA judge ruled that a magician's observable performance elements can be copyrighted, acknowledging the value of their art beyond protected techniques.

      In a landmark court case, a judge ruled that the observable elements of a performance are what matter in determining copyright infringement, even if the underlying technique is considered real magic and unprotected by law. Magician Raymond Becker, known as the "quiet half" of Penn and Teller, successfully argued this point in a case against a Dutch magician who used similar shadow puppet tricks. The ruling not only granted Raymond the copyright to his pantomime, but also potentially changed the game for magicians by recognizing the value of their performances beyond the protected techniques. Raymond's silence during his performances, which have numbered over 50,000 on stage and countless TV appearances, added to the intrigue and mystery of his art.

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    • People Reading - Each person is unique and you have to commit to learning them.
    • Consensus BuildingLearn the individuals and their objectives. I do one on one calls with each member of my board before meetings. This helps me to get a better grasp on the thoughts and feelings of each member.
    • Objective Setting – How do you set good objectives? use OKR’s/make sure they are clear and measurable. Grant autonomy letting your experts use their skills to achieve ultimate success.

     

    Consequences of Ideas and Statements

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    Creative Self-Doubt

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    What type of innovator are you?

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    Experimental Innovators - Accumulate knowledge through their careers and find groundbreaking ways to analyze, interpret and synthesize that information into new ways of understanding. The long periods of trial and error required for important experimental innovations make them tend to occur late in a Nobel laureate’s career. Success comes from recognizing that as an innovator we need to shift from the conceptual to the experimental.

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