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It's really easy to create a $1 billion company - you just have to solve a $10 billion problem.

Naveen Jain

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Naveen Jain
Age: 65
Born: 1959
Born: September 6
Businessperson
Entrepreneur
UP
Create
Company
Easy
Problem
Really
Billion
Billions
Solve

More quotes by Naveen Jain

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I worked for Microsoft until 1996, till I had a different angle to view life. I wanted to be an entrepreneur and control my own destiny.
Naveen Jain
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The United States of America became the envy of the world because we welcomed the best and brightest minds from anywhere on the planet and gave them the opportunity to succeed.
Naveen Jain
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There are as many ways to help another human being as there are people in need of help. For some, the urgent need is as basic as food and water. For others, it is an opportunity to develop a talent, realize an idea, and reach one's full potential.
Naveen Jain
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Philanthropy is not about giving money but about solving problems. While well-meaning, the idea of writing a check and calling it 'philanthropy' is extremely short-sighted and, unfortunately, extremely pervasive.
Naveen Jain
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My parents didn't believe in luck. They believed in hard work and in preparing me to take advantage of opportunity. Like many parents, they taught me to be generous but never to depend on the generosity of others.
Naveen Jain
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Success is not about how much money we have in the bank, but it's about how many peoples' lives we have impacted through it. Success is experienced when we do things which are never done before.
Naveen Jain
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I started off with a company, InfoSpace, with my own funding. The company was listed among the most successful companies and I went on to start Intelius and Moon Express. Now, I focus my time on using the skills of an entrepreneur to solve many of the grand challenges facing us in the areas of education, healthcare, clean water and energy.
Naveen Jain
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Go where your customers take you! For example, did you know that Sony's first product was a rice cooker? Since abandoning the rice cooker, it has merely managed to become the world's biggest consumer electronics company.
Naveen Jain
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Just think of the opportunities we can unlock by making education as addictive as a video game. This type of experiential, addictive learning improves decision-making skills and increases the processing speed and spatial skills of the brain. When was the last time your child asked for help with a video game?
Naveen Jain
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The U.S. has spent billions of dollars on educating and supporting teachers or developing curricula but no resources are applied to 'improving the brain' that a student brings to the classroom.
Naveen Jain
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My own philanthropic efforts have always included an educational element, whether it's expanding opportunities to educate a promising mind or extending the brain's ability to learn.
Naveen Jain
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Success doesn’t necessarily come from breakthrough innovation but from flawless execution. A great strategy alone won’t win a game or a battle the win comes from basic blocking and tackling.
Naveen Jain
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As a child I experienced firsthand the severe effects of poverty and illiteracy, especially upon women and children. My parents taught me the importance of education and that it was a key to improving an individual's life.
Naveen Jain
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Great entrepreneurs focus intensely on an opportunity where others see nothing. This focus and intensity helps to eliminate wasted effort and distractions. Most companies die from indigestion rather than starvation, i.e. companies suffer from doing too many things at the same time rather than doing too few things very well.
Naveen Jain
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I have seen humility in many of the finest leaders I have met the world over. And indeed, it is embodied in the warm, engaging and quintessentially successful spirit of Sir Richard Branson.
Naveen Jain
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How important is failure - yes, failure - to the health of a thriving, innovative business? So important that Ratan Tata, chairman of India's largest corporation, gives an annual award to the employee who comes up with the best idea that failed.
Naveen Jain
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Call it the Tiger Mom effect: In the business world today, failure is apparently not an option.
Naveen Jain
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Just as physical exercise is a well-known and well-accepted means to improve health for anyone, regardless of age or background, so can the brain be put 'into shape' for optimal learning.
Naveen Jain
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Growing up in India, I knew all I needed to change the world was one good opportunity, and I prepared myself for it. When that opportunity came - in the form of the chance to earn an engineering degree - I was ready.
Naveen Jain
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The real metric of success isn't the size of your bank account. It's the number of lives in whom you might be able to make a positive difference.
Naveen Jain