Global Market Strategies 

Mark Molin, an expert in helping companies increase their profits, believes that Thomas Edison's approach to inventing is a mindset that businesses should model. Edison's approach of not having the answer initially and finding it is a philosophy that can revolutionize how businesses approach problem-solving.

Edison's method was not to be frustrated by failure but to thoughtfully engage in a calm mindset that thought about solutions. He took what he thought was useful and brought it forward while documenting what did not work so he would not repeat it. This approach can be applied to businesses struggling to achieve success. Instead of focusing solely on the numbers, businesses need to analyze and identify dynamic items such as sales, marketing, services delivered, and administrative services.

Just like Edison, taking an introspective and thoughtful approach to business can produce successful numbers. Businesses should engage employees as a think tank to evolve these dynamic areas and produce profits. For instance, imagine a company's marketing strategy is not working. Instead of getting frustrated, employees should take the time to analyze what works and what doesn't, document it, and adjust accordingly.

Edison's approach can also be seen in the world of software development. Programmers often follow an iterative approach, similar to Edison's trial and error method, to develop software. They create a minimum viable product, test it, and improve it based on feedback. This method helps in avoiding repeating mistakes and encourages innovation.

Incorporating the same approach into businesses can help achieve success. For instance, if a company launches a new product or service, it's unlikely to be perfect on the first try. The company should use customer feedback to identify flaws and improve the product to meet the customer's needs. A business needs to focus on what works and move it forward while documenting what doesn't work to avoid repeating the same mistakes.

In conclusion, taking an introspective approach to business, like Edison's trial and error method, can produce successful numbers. Instead of focusing solely on numbers, businesses need to identify dynamic items and evolve these areas to produce profits. By taking a thoughtful approach to problem-solving and not being frustrated by failure, businesses can develop and innovate, leading to success.