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

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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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Philanthropy without scale and sustainability is like any other bad business that will simply wither and die on the vine.
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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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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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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 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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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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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.
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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.
Naveen Jain
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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 incentivized prizing is the best solution to help unlock the answers to the some of the profound problems that plague our planet.
Naveen Jain
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When I finally had the chance to make my childhood dream a reality - as a co-founder and chairman of Moon Express - my goal was to broaden participation in lunar exploration, and connect the common person to its results. We plan to send robotic rovers - not humans - to the Moon to search for precious metals and rare minerals on the Moon's surface.
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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 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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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
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We owe it to our children to equip them with all the capabilities they'll need to thrive in the limitless world beyond the classrooms.
Naveen Jain
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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 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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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
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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