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Mindset Persistence | Disrupting Industries - On Innovation |Terry Jones with Tom Bilyeu on Inside Quest (Ep. 42) @MindsetPersistence | Uploaded August 2019 | Updated October 2024, 2 hours ago.
Tom's guest is Terry Jones, best known for founding Travelocity.com and serving as founding Chairman of Kayak.com. Terry Jones has become a powerful voice in the world of entrepreneurship through his numerous speaking engagements and the publication of his book, ON Innovation (amzn.to/2YbXjNM).

This is episode 42 of Inside Quest, Tom Bilyeu's previous interview show, first released on January 27, 2016.

Show notes and quotes:
✔ 3:00 - Traditional we heard that innovation is a young's men game. So how did you stay fresh, how did you stay so hungry to learn new things?
✔ According to IBM, Watson is a technology platform that uses machine learning to reveal insights from large amounts of unstructured data.
✔ Millennials are those born between 1982 and 2000.
✔ 7:20 - "How do I add value, in something that looks like it will continue"
✔ Google's "20% Time" encourages employees to work on passion projects that could eventually benefit the company, with resulting products like Gmail and Adsense.
✔ 11:45 - "What are the fundamental building blocks of an innovators mindset?
✔ Two of Major League Baseball's top players fail to get on base nearly 70% of the time: Miguel Cabrera (DET at 0.338 and Dee Gordon (MIA) at 0.333.
✔ 17:20 - Founded in 1981 as Au Bon Pain, Panera Bread now has over 1.900 bakery-cafe locations in 46 states and Ontario.
✔ 18:35 - Silly mistakes like sending an email to offer a protein bar to 300 selected people that end up reaching 300.000 people (our entire customer base).
✔ In January 2015 Expedia acquired Travelocity from Sabre Corporation for $280 Million in cash and integrated the company as a Travel Booking Partner.
✔ 22:30 - Unstructered Play
✔ Forbes says a Chief Marketing Officer (CMO) is "the person who maintains the whimsical vision and executable strategy for your company's marketing plan".
✔ II (Ideas In) = IO (Ideas Out)
✔ 34:40 "Can we augment the human mind?"
✔ Kayak shares were up nearly 35% in their first day of trading on the Nasdaq. They raised $91 million by selling 3.5 million shares at $26 apiece.

✔ Tom Bilyeu's reading list: impacttheory.com/reading-list-2

✔ You can found out more about Terry Jones on tbjones.com

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About Tom Bilyeu 👌
Tom's new project is Impact Theory:
Web site: impacttheory.com
YouTube Channel: youtube.com/channel/UCnYMOamNKLGVlJgRUbamveA

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Disrupting Industries - On Innovation |Terry Jones with Tom Bilyeu on Inside Quest (Ep. 42) @MindsetPersistence

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