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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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Naveen Jain
Age: 65
Born: 1959
Born: September 6
Businessperson
Entrepreneur
UP
World
Products
Rice
Example
Consumer
Since
Managed
Company
Consumers
Cooker
Become
Customers
Cookers
Firsts
Product
Abandoning
First
Biggest
Sony
Take
Merely
Electronics

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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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.
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As a young boy growing up in rural India, most of what I knew of the world was what I could see around me. But each night, I would look at the Moon - it was impossibly far away, yet it held a special attraction because it allowed me to dream beyond my village and country, and think about the rest of the world and space.
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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.
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Athletes at all ages are bigger and stronger than ever before. And they are being encouraged - sometimes even incentivized, as we recently learned was the case on at least one National Football League team - to play to injure.
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'Being green' is commendable, but I hope that people don't take too much pride and self-adoration because they shut off the water when they brushed their teeth. The truth of the matter is, conservation alone will do little to save our planet.
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It's really easy to create a $1 billion company - you just have to solve a $10 billion problem.
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Our education system was developed for an industrial era where we could teach certain skills to our children and they were able to use these skills for the rest of their lives working productively in an industry.
Naveen Jain
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Teaching children about entrepreneurship is much like imparting any other skill or piece of knowledge. You will provide them with ways to experience how entrepreneurship works, and you guide them toward the subjects or areas they seem to show an interest in.
Naveen Jain
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I believe that entrepreneurs play an unmatched role and the accelerating pace of innovation is transforming the face of global challenges. You must think about the solution differently when you're trying to impact 1 billion people rather than affecting 1 million people.
Naveen Jain
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My children have been learning lessons about entrepreneurship since they were in kindergarten, and these lessons are paying off: even though they are only 22, 18, and 15, they have already collectively launched three nonprofit organizations and several new businesses.
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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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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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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Governments take too long to get things done and there are far too many varied interests at stake. If you were starting a business today and needed a partner, you would never choose a large bureaucratic institution like the government.
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Call it the Tiger Mom effect: In the business world today, failure is apparently not an option.
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I believe we need a more opportunistic and democratic approach to lunar exploration, now that we're shifting from U.S. government-sponsored space exploration to private expeditions.
Naveen Jain
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Because I was poor I had one special advantage. When you are poor, and basic survival is your concern, you have no alternative but to be an entrepreneur. You must take action to survive just as you must take action to seize an opportunity.
Naveen Jain
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I came to the United States in the early '80s and was welcomed with open arms and given the opportunity to pursue my dreams. God has been very kind to us. My family and I are fortunate enough to be successful and we feel a tremendous responsibility and obligation to give back to our great country.
Naveen Jain
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Neuroplasticity research showed that the brain changes its very structure with each different activity it performs, perfecting its circuits so it is better suited to the task at hand.
Naveen Jain