Peanut Gallery Media Network
  • Home
  • News
    • Investigations
    • Politics
    • Voices
    • World Affairs
  • Business
    • Careers
    • Creators
    • Markets
    • Real Estate
    • Startups
  • Culture
    • Entertainment
    • Fashion
    • Food
    • Music
    • Pageants
    • Travel
    • Wellness
  • Tech
    • AI
    • Gaming
    • Innovation
    • Science
  • Sports
    • Athletes
    • Basketball
    • Global Sports
    • MMA
  • Trending
    • Lists
    • Viral
    • WTF
  • Media
    • Anchors
    • Podcasts
    • Reels
    • Video Features
  • People
    • Changemakers
    • Profiles
    • Spotlight
No Result
View All Result
SUBSCRIBE
Peanut Gallery Media Network
  • Home
  • News
    • Investigations
    • Politics
    • Voices
    • World Affairs
  • Business
    • Careers
    • Creators
    • Markets
    • Real Estate
    • Startups
  • Culture
    • Entertainment
    • Fashion
    • Food
    • Music
    • Pageants
    • Travel
    • Wellness
  • Tech
    • AI
    • Gaming
    • Innovation
    • Science
  • Sports
    • Athletes
    • Basketball
    • Global Sports
    • MMA
  • Trending
    • Lists
    • Viral
    • WTF
  • Media
    • Anchors
    • Podcasts
    • Reels
    • Video Features
  • People
    • Changemakers
    • Profiles
    • Spotlight
No Result
View All Result
Peanut Gallery Media Network
No Result
View All Result
Home People Changemakers

Gov Daswani reveals the real reason most innovations fail

Vea Ysabel Carreon by Vea Ysabel Carreon
August 21, 2025
in Changemakers, People
0
Share on FacebookShare on Twitter

Gov Daswani, beyond any hyperbole, is one of the Philippines’ leading innovation strategists. 

He delivered a TEDx talk at the British School Manila discussing why humans are often resistant to innovation. According to him, our brains are designed to prioritize survival and stability, which makes embracing new ideas and technologies a challenge.

He emphasized that innovation typically fails because people do not immediately see its value.

“Seven out of eight innovations fail,” Daswani pointed out, adding that these innovations are often not adopted quickly enough to succeed. 

The issue, he said, lies not in the potential of the innovation itself, but in how people perceive it. “Innovation is only embraced when it becomes necessary, rather than a luxury,” Daswani explained.

Daswani used the example of GCash, the Philippines’ leading mobile wallet service, to illustrate this point. Launched in 2004, GCash was slow to gain mainstream acceptance. 

“GCash wasn’t a must-have until 2020,” Daswani said, highlighting how it was only during the COVID-19 pandemic that the service became essential for many Filipinos. The pandemic made contactless payments necessary, and GCash saw a sharp rise in users, reaching 94 million and processing over 1.5 trillion pesos in transactions. 

Daswani emphasized that the app’s success was not due to its groundbreaking technology, but rather its timely response to an urgent need.

“Innovation must create urgency to survive,” he said.

In his talk, Daswani also compared GCash to Empessa, a mobile payment system in Kenya. Launched in 2007, Empessa quickly became an essential service for transferring money between rural and urban areas, gaining millions of users in just a few years. 

Empessa’s success, according to Daswani, was due to its immediate relevance in solving a problem that people could not ignore. 

“Empessa succeeded because it met a clear, immediate need,” he noted. Unlike GCash, which took years to achieve widespread adoption, Empessa was a “must-have” from the outset, driven by a pressing need for financial inclusion.

Daswani’s core message was that successful innovation must be driven by urgency, not idealism. 

“Innovations grounded in present-day needs are more likely to be adopted than those based on idealized visions of the future,” he said. 

He emphasized that while idealistic visions of a better future can inspire innovation, they are not enough to ensure widespread acceptance. Innovations need to solve real, immediate problems, and for that to happen, the creators must be focused on addressing current issues, not just imagining a better future.

In his conclusion, Daswani urged innovators to shift their focus. “Get mad at the present,” he urged, explaining that frustration with the current state of affairs is the key to creating innovations that people cannot live without. 

He finished with a call to action, quoting the famous lines from Dylan Thomas: “Do not go gentle into that good night. Rage, rage against the dying of the light.” According to Daswani, it is this “rage” against the present that fuels innovation that has the potential to change the world.

Tags: Business StrategyGCashGov DaswaniTEDx
Share30Tweet19
Vea Ysabel Carreon

Vea Ysabel Carreon

Recommended For You

J.K. Rowling Slams Liberals for Trading Free Speech for Social Approval

by Emmanuel Lynx
August 9, 2025
0

Rowling went savage this week, accusing liberals of ditching free speech just to keep their social standing. She fired off on X, reminding people that “freedom to offend”...

Read moreDetails

Isko’s brilliant suggestion for government’s flood control scandal

by Vea Ysabel Carreon
July 30, 2025
0

Manila City Mayor Francisco “Isko” Moreno Domagoso is calling for local government units (LGUs) to take over the operation and maintenance of flood control facilities, saying the current...

Read moreDetails

Enrique Razon overtakes Manny Villar as the richest Filipino, now worth $12 billion

by Emmanuel Lynx
July 31, 2025
0

For the first time in years, the richest man in the Philippines isn’t in real estate—but in ports, casinos, and utilities. Enrique Razon Jr. has officially overtaken Manny...

Read moreDetails

Saudi Arabia’s “Sleeping Prince” dies at 36 after 20 years in coma, ending his father’s fight

by Emmanuel Lynx
July 21, 2025
0

For two decades, Prince Al-Waleed bin Khalid Al-Saud lay unconscious—trapped in time, sustained by machines, and kept alive by a father’s unwavering hope. On July 14, 2025, the...

Read moreDetails

All the reasons why Robin Padilla wants criminal liability lowered to age 10

by Vea Ysabel Carreon
July 19, 2025
0

Senator Robin Padilla is pushing for amendments to the Juvenile Justice and Welfare Act of 2006, aiming to lower the minimum age of criminal responsibility to 10 years...

Read moreDetails

Related News

Tiger + Trump (Sort Of): Golf Legend Confirms Romance with Donald Jr.’s Ex

March 28, 2025
Duterte vs. Nograles

End of an Era? Nograles Seeks to Oust Duterte in Davao

November 3, 2024

Apollo Quiboloy’s Senate Run: Divine Mission or Desperate Move?

March 28, 2025

Browse by Category

  • AI
  • Anchors
  • Athletes
  • Basketball
  • Business
  • Careers
  • Changemakers
  • Creators
  • Culture
  • Entertainment
  • Explains
  • Fashion
  • Food
  • Gaming
  • Global Sports
  • Innovation
  • Investigations
  • Lists
  • Markets
  • Media
  • MMA
  • Music
  • News
  • Pageants
  • People
  • PGMN
  • Podcasts
  • Politics
  • Profiles
  • Real Estate
  • Science
  • Sports
  • Spotlight
  • Startups
  • Tech
  • Travel
  • Trending
  • Viral
  • Voices
  • Wellness
  • World Affairs
  • WTF
Peanut Gallery Media Network

© 2024 PGMN - Peanut Gallery Media News

No Result
View All Result
  • Home
  • Landing Page
  • Buy JNews
  • Support Forum
  • Contact Us

© 2024 PGMN - Peanut Gallery Media News

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?