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Innovation Myths and the Unsexy Truths About Breakthroughs

By Mark Milian - 2014-04-01T16:15:07Z

Photograph by Gabriela Hasbun/Redux

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The Two-Step Process

As the co-founder of Y Combinator, the prestigious Silicon Valley startup incubator, Paul Graham has seen entrepreneurs trying to innovate over and over again. He says many people fail to understand that it's not a simple two-step process of coming up with an idea and executing it.

"The biggest myth about innovation is that it takes the form of someone having a great idea, then implementing it," Graham says. "In practice, new things happen more gradually, and turning points are only obvious in retrospect."

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