From 600+ conversations with the world’s leading thinkers.
There are no people called entrepreneurs but people perform entrepreneurial functions at different times. Edison performed great entrepreneurial acts. But he was also fierce opponent of innovation when it threatened his business interests.
Jack said, 'Well, what do you know about PayPal?' – his response, 'I don't know anything about PayPal'. Jack then said, 'Okay, you're hired, we want you to be the CEO of Ali Pay!'
The shift to impact is like the technological revolution- in fact, it is built on technology. Shifting to impact also doesn't necessarily mean you cannot achieve even greater profits. In todays' world, given consumer, talent and investor preferences – it's actually better to go to risk-return-impact if you want to maximise profits.
My best ideas, and most successful opportunities have come- usually- from the most unexpected areas.
The notion that the Google or Chrome app could become redundant on mobile devices isn't far-fetched. In a future where direct URL visits are less common, the convenience of an all-encompassing app could significantly alter how we interact with our devices.
In 2008 there was one company which applied for more patents than all the others put together, this company was IBM.
Once you're able to reduce the human element, and automate the reporting of these statistics- you will be greatly reducing the potential for misbehaviour. This is where regulators can leverage technology, reduce their burden.
The Internet is subsuming most of our other intellectual technologies, it's becoming our typewriter and our printing press, our map and our clock, our calculator and our telephone, our post office and our library, our radio and our TV.
Entrepreneurship is a way of life. For me, entrepreneurship has always been about being a builder. Whether it's about undiscovered artists or working with companies pre-launch, the build process is what attracts me.
It made perfect sense to me that to infuse new life into Savile Row, they needed to perceive themselves more as couturiers than mere tailors. That's the perspective I brought to Savile Row.
We've found that innovation really happens when you constrain a problem very specifically and then throw it out to the world to solve. It's a slightly different way of thinking.
I acknowledge the monumental impact of the convergence of games with computers, leading to the creation of video games. This fusion marked a significant cultural explosion, underscoring the importance of games in the context of modern technology.