“Banning a market in which some people nevertheless want to participate may be the first step in designing the illegal black market that will emerge.”
— Alvin Roth

The quote archive

Entrepreneurship

A growing archive of 3,000+ moments, drawn from every interview.

Read a lot. Never accept current standards. Always improve yourself. And remember, you always meet twice in life.

— Nico Rosberg

Former Formula 1 World Champion, won 2016 title with Mercedes

For me it is extremely important that commercial interests and social benefits are not mutually exclusive, but that they can complement each other wonderfully so I always look out for products that are innovative, forward-thinking and offer a true value for society.

— Nico Rosberg

Former Formula 1 World Champion, won 2016 title with Mercedes

When we were first able to make approximately what our fathers made by doing performance, we considered ourselves completely successful and had no ambition beyond that. If we were playing fairs and cruise ships, we were happy.

— Penn Jillette

Magician, Illusionist & Half of Penn & Teller Duo

I got into boxing promotion by accident. I went to the meeting, turned around and said, 'I don't need you, we'll promote it...' I don't know why I even said that! The next minute, I was in the promotion business and helping to get this thing together; I got bitten by the bug, and it went from there.

— Frank Warren

Founder of PostSecret, anonymous confessions project & book series

Your competitors are looking for the product, idea or feature that gives such a competitive advantage that they can take all your customers away from you. You need to work like someone's trying to take it all away from you, because they are.

— Mark Cuban

Billionaire Investor, Shark Tank Investor & Dallas Mavericks Owner

Taking that first step is your biggest competitive advantage; most people won't do it.

— Mark Cuban

Billionaire Investor, Shark Tank Investor & Dallas Mavericks Owner

Fear depends on your context, and how much you think you have to lose. You may be young or broke and have nothing to lose. In that case? Either you figure out a way to get something, or you don't get it. Simple.

— Mark Cuban

Billionaire Investor, Shark Tank Investor & Dallas Mavericks Owner

Purpose doesn't come to people sitting at the starting blocks and thinking about purpose. You have to live it.

— Jacqueline Novogratz

Founder of Acumen Fund & social entrepreneur focused on global poverty alleviation

I do this thing- I say something out-loud–announce it to the public–and then I'm forced to do it because people are excited and I don't want to let them down.

— Sophia Amoruso

Founder of Nasty Gal & Author of "#GIRLBOSS

The only way I can get truly invested in something is by doing it and understanding the full-stack of why and how it works, rather than playing a role in it- it's why I was so bad at working for other people… I learn through immersion.

— Sophia Amoruso

Founder of Nasty Gal & Author of "#GIRLBOSS

The traditional sources of capital for ideas — investment, charity, rich relatives, grants — are nowhere near sufficient to the number of good ideas in the world.

— Perry Chen

Founder of Kickstarter, crowdfunding platform pioneer

Especially at the beginning, it takes just the right amount of delusion to dedicate yourself to something ambitious. The reality is you're more likely to fail than succeed and so you need strong belief to commit your heart and soul to an idea.

— Perry Chen

Founder of Kickstarter, crowdfunding platform pioneer

I was 5 years old when I went to see it and when I came back, I remember thinking 'that's exactly what I'm going to do, I want to be a film-maker, I want to make people disappear, reappear, sing on screen and make beautiful love story.' That was the moment I decided, and I haven't looked back since.

— Tosca Musk

Producer and Director, known for Tesla and SpaceX documentaries

When I started out, there weren't many women in jewellery, and I hope that by creating a more open-minded approach to creativity and design, that I have been able to make a change on what was a very male dominated world.

— Jade Jagger

Even though we'd achieved so much success, going solo felt like a clean slate that I could pursue on my own. I'm travelling the world, making music from my heart, making the videos of my dreams and working with a team who believe in me. It's been liberating!

— Ally Brooke

Former Fifth Harmony Member & Solo Artist

Today's consumer cares about what you stand for, and so having values and purpose are central to building that trust with your customer.

— Jacqueline Gold

Founder and former CEO of Ann Summers lingerie and party plan business