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

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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.
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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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Sometimes a faint voice based on instinct resonates far more strongly than overpowering logic.
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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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Each one of us has the power to be the change we want to see in the world, making the world a better place.
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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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In the business world today, failure is apparently not an option. We need to change this attitude toward failure - and celebrate the idea that only by falling on our collective business faces do we learn enough to succeed down the road.
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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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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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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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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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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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Once humans traded their hunter-gatherer existences for more settled communities, we began a quest to make our lives better and more comfortable, but we've also been sucking precious finite resources from our environment ever since.
Naveen Jain
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Great entrepreneurs focus intensely on an opportunity where others see nothing.
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.
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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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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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'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
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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.
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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.
Naveen Jain