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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
Company
Consumers
Cooker
Become
Customers
Cookers
Firsts
Product
Abandoning
First
Biggest
Sony
Take
Merely
Electronics
World
Products
Rice
Example
Consumer
Since
Managed

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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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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?
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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.
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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.
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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.
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As a father, I believe that involving children in sports at a young age is generally, a wise proposition. I believe that healthy competition is... well... healthy that sporting events foster a spirit of teamwork that far surpasses the events themselves and that active participation keeps children moving and is good for their self-esteem.
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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.
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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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Sometimes a faint voice based on instinct resonates far more strongly than overpowering logic.
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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.
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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.
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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.
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Great entrepreneurs focus intensely on an opportunity where others see nothing.
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Every day you spend becoming an expert in a field, you become more useless in that field.
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.
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The human brain works as a binary computer and can only analyze the exact information-based zeros and ones (or black and white). Our heart is more like a chemical computer that uses fuzzy logic to analyze information that can't be easily defined in zeros and ones.
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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.
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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.
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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.
Naveen Jain