Inspirations for Business and Life
"Innovation is the specific tool of entrepreneurs, the means by which they exploit change as an opportunity for a different business or a different service. It is capable of being presented as a discipline, capable of being learned, capable of being practiced. Entrepreneurs need to search purposefully for the sources of innovation, the changes and their symptoms that indicate opportunities for successful innovation. And they need to know and to apply the principles of successful innovation." ~ Peter F. Drucker
"I never perfected an invention that I did not think about in terms of the service it might give others... I find out what the world needs, then I proceed to invent." ~ Thomas Edison
"I think frugality drives innovation, just like other constraints do. One of the only ways to get out of a tight box is to invent your way out." ~ Jeff Bezos
"If you're competitor-focused, you have to wait until there is a competitor doing something. Being customer-focused allows you to be more pioneering." ~ Jeff Bezos
"There'll always be serendipity involved in discovery." ~ Jeff Bezos
"We've had three big ideas at Amazon that we've stuck with for 18 years, and they're the reason we're successful: Put the customer first. Invent. And be patient." ~ Jeff Bezos
"Failure is an option here. If things are not failing, you are not innovating enough." ~ Elon Musk
"The problem with the Internet startup craze isn't that too many people are starting companies; it's that too many people aren't sticking with it." ~ Steve Jobs
"Sometimes when you innovate, you make mistakes. It is best to admit them quickly, and get on with improving your other innovations." ~ Steve Jobs
"When 99% of people doubt your idea, you're either gravely wrong or about to make history." ~ Scott Belsky
"If you are not embarrassed by the first version of your product, you’ve launched too late." ~ Reid Hoffman, LinkedIn co-founder
"If you are not embarrassed by how naïve you were six months ago, you are not learning fast enough." ~ Reid Hoffman, LinkedIn co-founder
"Nothing is more powerful than an idea whose time has come." ~ Victor Hugo
"For all great innovations, someone took a risk. They risked capital; they risked their energy; they risked their opportunity cost; and more important, they risked failure. We can’t innovate without the belief that we can succeed, the confidence that others will be there to help us on the journey, and the security that we will not be punished if we fail to reach our goal. A fast-moving world demands innovation for long-term success." ~ Dov Seidman
"An innovation has no value until an entrepreneur turns that innovation into a product or service that customers want to buy." ~ Jim Clifton
"Your vision is about what drives your business to success. It is the change that you hope to make. No matter if you start with the segment, problem, product, or technology, the vision is less about how you change, and more about what you change." ~ Brant Cooper, Patrick Vlaskovits, The Lean Entrepreneur
"Innovation and creativity doesn’t come from the bureaucracy of big businesses. It comes from the entrepreneurialism of small businesses. "~ Jim Joseph, The Experience Effect
"Build your own dreams, or someone else will hire you to build theirs". ~ Farrah Gray
"Our lives improve only when we take chances and the first and most difficult risk we can take is to be honest with ourselves." ~ Walter Anderson
"People have this vision of being the CEO of a company they started and being on top of the pyramid. Some people are motivated by that, but that’s not at all what it’s like.
What it’s really like: everyone else is your boss – all of your employees, customers, partners, users, media are your boss. I’ve never had more bosses and needed to account for more people today.
The life of most CEOs is reporting to everyone else, at least that’s what it feels like to me and most CEOs I know. If you want to exercise power and authority over people, join the military or go into politics. Don’t be an entrepreneur."
"Understanding of the process actually comes from years of trial and error in areas that most designers and developers wouldn’t concern themselves with.
Getting your butt kicked for decade as an entrepreneur gives you context. Being a bootstrapping entrepreneur is a form of constraint because it teaches you how to make growth decisions on the fly, not because it might be better, but because you had to survive."
~ Drew Wilson and Josh Long, “Execute”
"The critical ingredient is getting off your butt and doing something. It’s as simple as that. A lot of people have ideas, but there are few who decide to do something about them now. Not tomorrow. Not next week. But today. The true entrepreneur is a doer, not a dreamer."
~ Nolan Bushnell (Entrepreneur; founded both Atari, Inc. and the Chuck E. Cheese’s Pizza-Time Theaters chain)
"I think if you’re an entrepreneur, you’ve got to dream big and then dream bigger." ~ Howard Schultz, CEO of Starbucks
"Ideas are a commodity. Execution of them is not." ~ Michael Dell
"The customer is never wrong. " ~ César Ritz, Famous Hotelier
"Right or wrong, the customer is always right." ~ Famous Marshall Field, Retailer
"Work hard, be nice to people, and skip all the bullshit." ~ Christian Reber