Fostering the Power of Innovation in Your Business with Patrick Noel Daly

2115-Fostering the Power of Innovation in Your Business with Patrick Noel Daly

March 10, 20253 min read

Unlocking Innovation as a Mindset with Patrick Noel Daly

In this episode of The Thoughtful Entrepreneur, host Josh Elledge speaks with innovation strategist and founder of Icon Global Innovations, Patrick Noel Daly. Together, they dive into how innovation isn’t just a skill or strategy—it’s a mindset. Patrick shares his rich background as a consultant and innovator, offering actionable insights for entrepreneurs looking to build businesses that thrive on creativity, adaptability, and growth.

From his earliest entrepreneurial endeavor—a humble lemonade stand—Patrick has always been driven by a desire to solve problems and think differently. In this episode, he breaks down how business owners can intentionally cultivate an innovation-focused mindset, one that prioritizes continuous improvement, commercial viability, and customer-centric thinking.

Innovation Starts With Mindset and Market Awareness

Patrick emphasizes that innovation isn't reserved for tech giants or massive R&D departments. It starts with a mindset—being curious, open to new ideas, and committed to improvement. But innovation without impact is just an idea. That’s why Patrick underscores the importance of aligning creativity with business outcomes. Whether you're developing a new product or refining internal processes, there must be a market demand and a clear path to value.

A powerful example is Patrick’s development of SimCair, a mattress topper originally designed for the medical industry. By identifying broader use cases and commercial potential, the innovation evolved into a successful consumer brand, Dream Care. This pivot highlights how a strategic, open-minded approach can transform niche ideas into scalable solutions.

How Companies Can Leverage External Innovation Perspectives

Josh and Patrick also explore the crucial role of external consulting in the innovation process. Patrick notes that many businesses become stuck in their own thinking. By bringing in fresh perspectives, especially from outside the organization, companies can uncover blind spots, reframe problems, and spark new ideas.

Smaller firms, in particular, can gain a competitive edge by collaborating with larger organizations that have the infrastructure to scale innovation. Patrick encourages leaders to foster environments where creativity is encouraged—from leadership down to front-line employees. The key is creating a culture where ideas are heard, tested, and refined collaboratively.


About Patrick Noel Daly

Patrick Noel Daly is a seasoned innovation consultant and founder of Icon Global Innovations. With a passion for helping companies unlock growth through creativity, Patrick advises entrepreneurs and business leaders on how to adopt innovation mindsets and develop commercially viable solutions that solve real-world problems.

About Icon Global Innovations

Icon Global Innovations is a consulting and product innovation firm that helps organizations turn ideas into impactful solutions. From ideation to commercialization, the company guides businesses through every step of the innovation journey, delivering results that align with market needs and business goals.

Links Mentioned in this Episode

Episode Highlights

  • Why innovation is a mindset, not just a process

  • How to evaluate if your idea has commercial potential

  • The story behind SimCair and its evolution into DreamCair

  • How smaller businesses can partner with larger firms to scale innovation

  • The value of external consulting to drive fresh thinking


Conclusion
Innovation doesn’t happen by accident—it starts with a deliberate mindset and an openness to new perspectives. In this episode, Patrick Noel Daly offers a compelling framework for how entrepreneurs can embrace innovation to solve problems and grow their businesses. Whether you're launching a startup or leading an established company, fostering a culture of innovation could be your key to unlocking the next big opportunity.

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Josh Elledge is U.S. Navy veteran who became a serial entrepreneur who builds the companies he needs most in the world. In 2014, He launched UpMyInfluence to help entrepreneurs like himself attract the perfect audiences and grow their authority and influence. However, while growing their better-than-PR agency, UpMyInfluence discovered that building 7-figure B2B Sales Systems for consultants and agencies (with zero paid advertising) is actually what they do better than anyone else on the planet.

UMI was the natural outgrowth of his first startup, SavingsAngel.com which had grown to more than 50 employees and grossed more than $6 million in sales with zero paid ads. He did it all through building authority and serving audiences in the media.

Josh is a frequent speaker at business and startup conferences including Social Media Marketing World and a Tony Robbins event for his Business Mastery grads. He’s a weekly consumer expert on Fox 35 Orlando and News 13, writes a syndicated column for nine newspapers (with total readership above 1.1 million readers), and regularly appears on more than 75 TV stations across the country. All told, Josh has appeared in the media more than 2500 times.

Passionate about his family, physical fitness (an avid fitness geek and 5K to marathon runner), and breaking out of Escape Rooms, Josh now lives in Orlando with his wife and three children.

Josh Elledge

Josh Elledge is U.S. Navy veteran who became a serial entrepreneur who builds the companies he needs most in the world. In 2014, He launched UpMyInfluence to help entrepreneurs like himself attract the perfect audiences and grow their authority and influence. However, while growing their better-than-PR agency, UpMyInfluence discovered that building 7-figure B2B Sales Systems for consultants and agencies (with zero paid advertising) is actually what they do better than anyone else on the planet. UMI was the natural outgrowth of his first startup, SavingsAngel.com which had grown to more than 50 employees and grossed more than $6 million in sales with zero paid ads. He did it all through building authority and serving audiences in the media. Josh is a frequent speaker at business and startup conferences including Social Media Marketing World and a Tony Robbins event for his Business Mastery grads. He’s a weekly consumer expert on Fox 35 Orlando and News 13, writes a syndicated column for nine newspapers (with total readership above 1.1 million readers), and regularly appears on more than 75 TV stations across the country. All told, Josh has appeared in the media more than 2500 times. Passionate about his family, physical fitness (an avid fitness geek and 5K to marathon runner), and breaking out of Escape Rooms, Josh now lives in Orlando with his wife and three children.

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