Think Like Steve Jobs: 6 Strategies Behind Billion Dollar Ideas
Killer Innovations with Phil McKinney
Release Date: 03/25/2025
Killer Innovations with Phil McKinney
In 2005, I had a ten-minute conversation at San Jose Airport that generated billions in revenue for HP. But here's what's fascinating: three other HP executives heard the exact same conversation and saw nothing special about it. If you read Monday's Studio Notes, you know this story from the emotional side—what it felt like to have that breakthrough moment, the internal resistance I faced, the personal transformation that followed. Today I'm delivering on my promise to give you the complete tactical methodology behind that insight. I'm going to show you the systematic framework I call...
info_outlineKiller Innovations with Phil McKinney
In October 1903, The New York Times published an editorial mocking the idea of human flight, stating that a successful flying machine might take "from one to ten million years" to develop through the efforts of mathematicians and engineers. Eight weeks later, on December 17, 1903, the Wright brothers achieved the first powered, controlled flight over the beaches of Kitty Hawk, North Carolina, proving the skeptics wrong. The smartest people in the world got this catastrophically wrong. What does that tell us about impossibility itself? Every industry has billion-dollar opportunities...
info_outlineKiller Innovations with Phil McKinney
Your best innovation ideas aren't losing to bad ideas – they're losing to exhaustion. I know that sounds counterintuitive. After 30 years of making decisions at HP and CableLabs, I thought I understood why good ideas failed. Market timing. Technical challenges. Resource constraints. Sometimes that was the case … but most of the time, I was wrong. We've created an innovation economy that's too innovative to innovate. And if you're wondering why your breakthrough ideas keep getting ignored, dismissed, or tabled "for later review," this video will show you the real reason. I'm going to...
info_outlineKiller Innovations with Phil McKinney
A software engineer grabbed a random word from a dictionary – "beehive" – and within hours designed an algorithm that saved his company millions. While his colleagues were working harder, he was thinking differently. This breakthrough didn't come from luck. It came from lateral thinking – a systematic approach to finding solutions hiding in plain sight. I'm Phil McKinney and welcome to my Innovation Studio. In this episode, we will cover the lateral thinking framework. Not theory – a practical, step-by-step system you can use immediately. You'll try your first technique in the next...
info_outlineKiller Innovations with Phil McKinney
The most popular piece of innovation advice in Silicon Valley is wrong—and it's killing great ideas before they have a chance to succeed. I can prove it with a story about a glass of water that sat perfectly still while a car bounced beneath it. My name is Phil McKinney. I spent decades as HP's CTO making billion-dollar innovation decisions, and I learned the hard way that following "fail fast" advice cost us billions and robbed the world of breakthrough technologies. Today, I'm going to share five specific signs that indicate when an idea deserves patience instead of being killed...
info_outlineKiller Innovations with Phil McKinney
Innovation partnerships can create breakthrough markets—or hand them to competitors through terrible decisions. I know because I lived through both outcomes. Bill Geiser from Fossil and I had it exactly right. We built the MetaWatch—a smartwatch with week-long battery life, Bluetooth connectivity, and every feature that would later make the Apple Watch successful. We had HP's massive retail reach, Fossil's manufacturing scale, and the technical vision to create an entirely new market. But our organizations couldn't execute on what we knew was right. Leadership chaos at HP and innovation...
info_outlineKiller Innovations with Phil McKinney
You know that moment when you walk into a meeting and immediately sense the mood in the room? Or when a proposal looks perfect on paper, but something feels off? That's your intuition working—and it's more sophisticated than most people realize. Every leader has experienced this: sensing which team member to approach with a sensitive request before you've consciously analyzed the personalities involved. Knowing a client is about to object even when they haven't voiced concerns. Feeling that a project timeline is unrealistic before you've done the detailed math. That instinctive awareness...
info_outlineKiller Innovations with Phil McKinney
The $25 Million Perfect Presentation Picture this: You're in a conference room with 23 executives, everyone has perfect PowerPoint presentations, engineering milestones are ahead of schedule, and you're about to sign off on a $25 million bet that feels like a sure thing. That was the scene at HP when we were developing the Envy 133—the world's first 100% carbon fiber laptop. Everything looked perfect: engineering was ahead of schedule, we projected a $2 billion market opportunity, and the presentations were flawless. Six weeks after launch, Apple shifted the entire thin-and-light laptop...
info_outlineKiller Innovations with Phil McKinney
Every breakthrough innovation starts the same way: everyone thinks it's a terrible idea. Twitter was dismissed as "breakfast updates." Google looked "too simple." Facebook seemed limited to "just college kids." Yet these "stupid ideas" became some of the biggest winners in tech history. After 30 years making innovation decisions at Fortune 100 companies, I've identified why smart people consistently miss breakthrough opportunities—and how to spot them before everyone else does. Why Smart People Miss Breakthrough Ideas The problem isn't intelligence or experience. It's that we ask the wrong...
info_outlineKiller Innovations with Phil McKinney
In 2011, HP killed a $1.2 billion innovation in just 49 days. I was the Chief Technology Officer who recommended buying it. What happened next reveals why smart people consistently destroy breakthrough technology—and the systematic framework you need to avoid making the same mistake. HP had just spent $1.2 billion acquiring Palm to get WebOS—one of the most advanced mobile operating systems ever created. It had true multitasking when iOS and Android couldn't handle it, an elegant interface design, and breakthrough platform technology. I led the technical due diligence and recommended the...
info_outlineThink Like Steve Jobs: 6 Strategies Behind Billion Dollar Idea
When you think of game-changing innovation, one name stands above the rest—Steve Jobs. His ability to reimagine entire industries didn’t come from technical know-how alone; his way of thinking truly set him apart. Steve Jobs approached problem-solving and creativity in a way that merged art with technology, bringing human experience to the forefront. Let’s dive into six strategies that defined his success and see how you can apply them to create your billion-dollar ideas.
1. Start with Human Experience, Not Technology
When Steve Jobs conceptualized the iPod, he didn’t start with storage specs or technical limitations. Instead, he began with the user experience, famously framing it as “1,000 songs in your pocket.” This simple yet profound approach guided every design and engineering decision, resulting in a product revolutionizing the music industry.
Apply This Strategy:
- Start with the end-user experience in mind.
- Ask yourself: “What emotion do I want to evoke?”
- Create a simple, memorable phrase that captures that experience.
- Test all decisions against this experience statement.
2. Simplify Ruthlessly
One of the most iconic traits of Steve Jobs’ leadership was his ruthless focus on simplicity. Upon returning to Apple in 1997, he famously slashed the product line by 70% to focus on just four core categories. The goal wasn’t to do more—it was to do less, better.
Apply This Strategy:
- List every feature or product you’re working on.
- Identify the core function and eliminate everything that doesn’t enhance it.
- Use a simple two-by-two grid to map priorities.
- Remember, simplicity is not just minimalism—it’s about clarity and focus.
3. Connect the Dots in Unexpected Ways
Steve Jobs was a master at making connections where others saw none. One famous example is how he applied his knowledge of calligraphy to the typography of the first Macintosh computer. This seemingly unrelated skill became the foundation for making computers feel more human.
Try This Now:
- Write down one hobby or interest that seems unrelated to your work.
- Identify three principles from that hobby.
- Think about how those principles can solve a current challenge.
By merging different fields of knowledge, you can break out conventional thinking patterns and spark innovation.
4. Embrace Aesthetic Intelligence
Design wasn’t just a surface-level concern for Steve Jobs—it was a core value. He understood that beauty, simplicity, and function had to coexist. Whether it was the sleek curves of an iPhone or the intuitive feel of its user interface, the design had to resonate on an emotional level.
Apply This Strategy:
- Audit your product or service’s aesthetic appeal.
- Identify three ways to enhance its design without compromising function.
- Ask yourself: “How does this make users feel?”
Jobs believed that great design isn’t just about how something looks—it’s about how it works.
5. Inspire Through a Compelling Vision
Jobs didn’t just motivate people—he compelled them to believe in an almost impossible vision. His “reality distortion field” was legendary, convincing people to push beyond their limits and create what they once thought was unachievable.
Your Reality Distortion Exercise:
- Choose a current project and write down its transformative potential in one sentence.
- Share it with someone and gauge their response.
- Refine it until it genuinely excites and inspires.
6. Prototype, Test, and Iterate
Despite being a visionary, Jobs wasn’t afraid to roll up his sleeves and test his ideas repeatedly. The first iPhone went through countless iterations before its release. Rapid prototyping and relentless testing ensured that what finally hit the market was revolutionary.
Prototype Challenge:
- Create a basic version of your idea within 24 hours.
- Test it with real users and get feedback.
- Identify the biggest pain points and address them.
- Repeat the process until you achieve excellence.
Think Like Steve Jobs—Start Your Innovation Journey
Steve Jobs’ legacy isn’t just about products; it’s about mindset. To think like Steve Jobs, start with human experience, simplify with ruthless clarity, make unexpected connections, embrace aesthetics, inspire others, and never stop iterating. By adopting these six strategies, you’re not just dreaming up ideas—you’re crafting billion-dollar opportunities.
What Next?
For more in-depth breakdowns of innovation strategies and real-world applications, subscribe to our YouTube channel and consider supporting us on Patreon. Unlock exclusive content and community chats where we discuss how to think like the world’s most innovative minds.
Let’s keep pushing the boundaries of what’s possible—together.