When you are in business, your future success depends on your ability to come up with new products, new services, and new ways to get things done. Companies do establish department of Research and Development as a commitment to creativity and continuity of the business.

One way that large, innovative companies commit themselves to innovation is by requiring that a minimum percentage of sales or revenue come from relatively new products and services.

This is a simple concept that an individual starting or growing a personal business can use. Set a goal to derive a minimum percentage of your income per year or per month from new activities and new ideas. Commit a stated percentage of your current income to acquiring new knowledge for financial freedom.