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Entrepreneurs On IG on Instagram: "In 2005, Jeff Bezos gave a talk at the Stanford Graduate School of Business’s Entrepreneurship Conference in which he used the story of WD‑40 to illustrate how innovation and business strategy work. The WD‑40 story showed how spotting an ordinary problem, such as rust, the cost of rocket coating, or a narrow market, can lead to a useful product and a broader business. For anyone in business, the takeaway is: don’t just solve a niche technical problem and stop.