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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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Naveen Jain
Age: 65
Born: 1959
Born: September 6
Businessperson
Entrepreneur
UP
Though
Businesses
Three
Paying
Children
Several
Nonprofit
Even
Organization
Launched
Lessons
Kindergarten
Already
Collectively
Learning
Entrepreneurship
Since
Organizations

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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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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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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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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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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.
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Every day you spend becoming an expert in a field, you become more useless in that field.
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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.
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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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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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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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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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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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Sometimes a faint voice based on instinct resonates far more strongly than overpowering logic.
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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Philanthropy without scale and sustainability is like any other bad business that will simply wither and die on the vine.
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.
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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.
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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.
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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