“It's really easy to create a $1 billion company - you just have to solve a $10 billion problem.” ProblemEasyCompanySolveBillions Author: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.” WellsHelpingSufferingDiesOpportunityEffortCompanyFocusEntrepreneurIntensityDistractionStarvationIndigestion Author:Naveen Jain
“Apple Computer would not have reached its current peak of success if it had feared to roll the dice and launch products that didn't always hit the mark. In the mid-1990s, the company was considered washed up. Steve Jobs had departed, and a string of lackluster product launches unrelated to the company's core business had failed to catch fire.” IfsJobsCompanyProductsComputerMarkCurrentsCoreApplesStringsDiceDeparted Author:Naveen Jain
“Early versions of Microsoft Word left a lot to be desired. However, to the company's credit, it quickly learned where Word fell short, made the necessary changes, and repeatedly introduced new versions of the software.” MadeLeftCompanyCreditVersionsSoftwareMicrosoftNecessary ChangeMicrosoft Word Author: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.” KnowsWorldFirstsCompanyExampleProductsCustomersConsumersRiceDid You KnowElectronicsSonyCookers Author:Naveen Jain
“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.” EnergyWaterChallengesMy OwnCompanySuccessfulFocusMoonSkillsAreasEntrepreneurCleanSolveMy TimeHealthcareFundingClean WaterSuccessful Company Author:Naveen Jain