Share Ventures, a venture firm combining a venture studio and a fund, has issued a white paper on the neuroscience-inspired framework for reimagining industries. In the evolving landscape of innovation, Share Ventures founder, Hamet Watt, stands out not just for his entrepreneurial successes with ventures like MoviePass, but for his profound philosophy on reimagination. To Watt, reimagination transcends mere creativity or incremental innovation. It’s about fundamentally overhauling existing paradigms by forcing oneself to view them through multiple, often unconventional lenses. This white paper sets the stage for future-forward business creation and growth.
Guiding Business Creation through Neuroscience
Share Ventures’ white paper explores how understanding brain function can support breakthroughs in industry through reimagination. By leveraging insights into cognitive processes, the white paper lays out a framework for how neuroscience can foster a new model of business ideation and development.
Understanding how our brains work can unlock unprecedented levels of innovation. Our white paper provides a roadmap for how to leverage cognitive science to fundamentally reshape industries
Hamet Watt, CEO and Founder, Share Ventures
Key Insights from the White Paper
- Purposefully Connecting Different Regions in the Brain: The white paper emphasizes how certain brain functions can boost creative thinking and ways to stimulate these regions.
- Disrupting Conventional Thought Patterns: Breaking free from routine thinking is essential for innovation. The research shows how inhibiting dominant thought patterns can pave the way for more creative and less obvious solutions, driving revolutionary change in business practices.
- The Power of Iterative Innovation: Innovation is not a one-time event but an ongoing process of trial and error. The iterative approach emphasizes the importance of continuously testing and refining ideas, which is crucial for developing disruptive technologies.
- Flexible Thinking: Cognitive flexibility is key to problem-solving and adapting to new information. This ability helps break away from established patterns, opening up new possibilities for business innovation.
Bridging Creativity and Mental Health
The white paper also underscores the growing importance of creative thinking in today's business landscape. According to the World Economic Forum's Future of Jobs 2023 report, creative thinking is predicted to grow in demand by 73% by 2027. Moreover, engaging in creative activities has been shown to significantly improve mental health, reducing stress and anxiety while boosting confidence.
An Inclusive and Collaborative Approach
Recognizing that reimagination does not occur in isolation, Share Ventures emphasizes the value of diverse perspectives and collaborative methodologies. By bridging disparate networks and incorporating varied backgrounds, the venture studio model fosters an environment where creative solutions can flourish.
The Venture Studio Model
Share Ventures' venture studio model is designed to generate sustainable innovation by creating efficiencies and de-risking early-stage ventures. This structured approach has led to a 30% higher success rate for startups emerging from venture studios compared to traditional startups, as noted by the Global Startup Studio Network.
A Call to Innovators
As Share Ventures continues to refine and expand its approach, the company invites forward-thinking innovators to join in reimagining the future. By harnessing the power of the human brain's natural ability to make connections and reimagine possibilities, Share Ventures is actively shaping a future where groundbreaking and sustainable businesses thrive.
For more information visit share.vc and read the white paper here.
About Share Ventures
Share Ventures is a venture studio and a fund dedicated to building and scaling companies focused on longevity, human performance, and frontier technologies, such as AI. By integrating scientific research and a tech-enabled approach to company building, Share is at the forefront of creating transformative breakthroughs that enhance human potential. Share Ventures is backed by leading technology companies such as Google and Amazon, as well as various prominent family offices, including the founder of the Carlyle Group.