If you don't spend a lot of money on something and it doesn't work out… is it really a 'failure'? Most entrepreneurs start a lot of different ventures. Some work better than others, but that's totally normal and expected.

You move faster with replication. There was a time I could finalize an acquisition of a $3 billion company within days, from hearing about it on a Thursday to announcing it publicly on a Sunday. Such speed is a testament to the value of a replicable process.

It takes intellectuals to come up with some of the most moronic ideas possible.

By the middle of century, the temperature and humidity in parts of the world will be so high at parts of the year that the human system will not be able to cool itself, you are effectively being cooked. One of the places this will happen first, with potentially grave consequences, is the Arabian Peninsula- disrupting Hajj.

Amazon is the archetype of a great brainy and brawny business because they do both so well but since every company is going to have to do those things, the skill set required of leaders will be different over the next couple of decades. In the old days, you could stay within a function, rise through that function, adding teammates to complement your skills…Today I talk about systems of leadership – and you need the ability to see the entire system.