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Growth Quote by Warren Buffett

“You get what I call the natural progression, the three Is. The innovators, the imitators, and the idiots.” quote by Warren Buffett
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“You get what I call the natural progression, the three Is. The innovators, the imitators, and the idiots.”

Warren Buffett

About This Quote

Source Interview: CNBC, 2015

Innovation leads, imitation follows, and those who fail to adapt become marginalized; a natural progression of ideas.

In simple terms: Innovators, imitators, idiots.

Key Takeaway

Adapt or risk becoming obsolete.

Themes

innovation imitation market dynamics learning curves

Mood

analytical pragmatic

Type

business motivational

When to use this quote

  • business strategy
  • product development
  • career planning
  • education

Key Concepts

diffusion of ideas strategic adaptation

Questions to Reflect On

  • How can you move from imitation to innovation?
  • What role does imitation play in skill mastery?
A Different Perspective

Not all imitators are idiots; some improve on originals.

3.1 out of 5 (8 ratings)

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