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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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Naveen Jain
Age: 65
Born: 1959
Born: September 6
Businessperson
Entrepreneur
UP
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More quotes by Naveen Jain
I believe our legacy will be defined by the accomplishments and fearless nature by which our daughters and sons take on the global challenges we face. I also wonder if perhaps the most lasting expression of one's humility lies in our ability to foster and mentor our children.
Naveen Jain
How important is failure - yes, failure - to the health of a thriving, innovative business? So important that Ratan Tata, chairman of India's largest corporation, gives an annual award to the employee who comes up with the best idea that failed.
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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
Call it the Tiger Mom effect: In the business world today, failure is apparently not an option.
Naveen Jain
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.
Naveen Jain
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
Great entrepreneurs focus intensely on an opportunity where others see nothing.
Naveen Jain
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
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
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
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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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
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.
Naveen Jain
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
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
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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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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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
It's really easy to create a $1 billion company - you just have to solve a $10 billion problem.
Naveen Jain
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.
Naveen Jain