Danny Meyer views innovation as accessing a "file cabinet" of stored experiences—tastes and memories—and combining them in a fresh way. Like a musician using the same eight notes to create a new song, entrepreneurs can create novel offerings by merging existing, proven concepts.

The most effective ideas are not the most outlandish. Human psychology craves both novelty and familiarity simultaneously. Truly successful creative work, from marketing to scientific research, finds the perfect balance between being innovative and being grounded in something the audience already understands.

The pursuit of pure originality is often a status game that leads to incomprehensible ideas. A more effective approach is to see originality as a new way to show people an old, constant truth. This re-frames innovation as a novel form of derivation, making it more accessible and relatable.

Breakthrough marketing doesn't just need to be different; it needs to create a sense of instant familiarity. The goal is to innovate in a way that makes people feel like they've seen it before or that it's a natural extension of a known concept, like the 'Where's the beef?' campaign. This combination of novelty and familiarity is the 'secret sauce.'

Don't wait for a 'Shark Tank' invention. Your most valuable business idea is likely a proprietary insight you have about a broken process in your current field. Everyone has a unique vantage point that reveals an inefficiency or an unmet need that can be the seed of a successful venture.

Breakthrough creativity, like that behind Disney's *Frozen* or behavioral economics, is often "innovation brokerage." It doesn't come from a blank slate but from combining established concepts from disparate fields—like mixing psychology with economics—to create something new and powerful.

The human mind rejects ideas that are too novel. Effective communication and innovation should be grounded in the familiar, introducing only about 20% new information. This principle, from designer Raymond Loewy, helps make new concepts intelligible and acceptable.

A principle from fashion states that successful product iterations typically change only one core element at a time. Introducing two or three significant changes at once often fails because it overwhelms the consumer. This 'one egg' rule forces focus on the most impactful innovation.

To create a successful new product, find the balance between what consumers already know and what is new. If a product is too familiar, it lacks differentiation. If it's too novel, it becomes foreign and difficult for consumers to adopt, creating a high barrier to entry.