“I think the critical thing is the product or service that you're trying to raise money for. And probably the best description of that, people should say when they hear, "This is what I want to do. This is what I want to bring to the market." They should say, "Gee! That's a great idea" or "Gee! Why hasn't somebody else thought of that before? Well, that's an incredible idea!" In other words, the more a person is delighted, or astonished, or happy with your product, or service, or idea, the more happy they are to put up money for it.” PeopleThinkingWantShouldTryingWellsPersonsIdeasProductsRaisesIncrediblesCriticalDescriptionDelightedGreat Idea Author:Brian Tracy
“My very first products were hand-made, one-of-a-kind pins. When I finally realized I could repeat a phrase to make multiples, intellectuals gone bad, a fairly succinct description of my own life, seemed appropriate.” FirstsKindMadeHandsMy OwnGoneProductsPhrasesRepeatsAppropriateDescriptionPinsMy Own LifeOne Of A Kind Author:Anne Taintor
“Financial innovation can be highly dangerous, though almost no one will tell you this. New financial products are typically created for sunny days and are almost never stress-tested for stormy weather. Securitization is an area that almost perfectly fits this description; markets for securitized assets such as subprime mortgages completely collapsed in 2008 and have not fully recovered. Ironically, the government is eager to restore the securitization markets back to their pre-collapse stature.” GovernmentDangerousProductsFitAreasStressInnovationFinancialWeatherDescriptionAssetsCollapseTestedSunnyMortgageStatureStormySunny DayStormy Weather Author:Seth Klarman
“It's a standard thing you hear from startup people - that their product is somehow improving the world. And if you follow the reasoning, you will get somewhere, and I'll tell you where you get: You'll get to the description of what happens to the winners under the system that they're building.” PeopleIfsWorldHappensBuildingProductsStandardsWinnerReasoningDescriptionImproving Author:Cathy O'Neil
“The book Manufacturing Consent, which I co-authored with Edward Herman, begins with a description of the structure and institutional setting of the commercial media, and then draws some rather simple-minded conclusions about what we would expect the media product to be, given these (not particularly controversial) conditions.” BookGivenSimpleConditionsMediaProductsDrawsStructureSettingConclusionSettingsDescriptionConsentControversialManufacturing Author:Noam Chomsky