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.
—Naveen Jain
Philanthropy without scale and sustainability is like any other bad business that will simply wither and die on the vine.
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.
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...
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...
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.
Don’t wallow in brainstorming. Time spent fiddling with a business plan or filling up whiteboards with ideas is time that you could spend actually launching your business and seeing if the idea floats. Launching gives...
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...
We are now living in a fast paced technological era where every skill that we teach our children becomes obsolete in the 10 to 15 years due to exponentially growing technological advances.
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...
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...
Sometimes a faint voice based on instinct resonates far more strongly than overpowering logic.
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.
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...
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...
We begin to change the world when we stimulate long-term prosperity using technology. There is not a problem that’s large enough that innovation and entrepreneurship can’t solve.
My father was a civil servant in northern India where I was born. As a boy I saw the dire effects of poverty and illiteracy, especially on women and children. It often seemed that the...
Trust your gut instinct over spreadsheets. There are too many variables in the real world that you simply can’t put into a spreadsheet. Spreadsheets spit out results from your inexact assumptions and give you a...
I came to the United States in the early ’80s and was welcomed with open arms and given the opportunity to pursue my dreams. God has been very kind to us. My family and I...
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