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Investors are right to demand a clear path to self-sustainability from every business they invest in, and I believe we should ask for the same from philanthropy.
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If you know you are giving your best effort, you'll never have any reason for regrets.
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The goal must be to expand ourselves beyond one field of focus and use our improved access to information to solve the very real and extreme economic, environmental, and resource challenges we face as an interconnected, global society.
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Today, people idolize athletes and celebrities - and yes, highly successful and visionary business people like Bill Gates or Steve Jobs, but not the innovators who perhaps have not seen such high-flying levels of success. Can anyone name the inventors of GPS, which has such a huge impact on our lives today?
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As a child I experienced firsthand the severe effects of poverty and illiteracy, especially upon women and children. My parents taught me the importance of education and that it was a key to improving an individual's life.
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I am convinced that only by applying the values of an entrepreneur to philanthropy will you ever be able to meet the needs of the greatest number of people.
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Why is it that our young kids all across America can solve the most complex problems in a video game involving executive decision making and analytical thinking, yet we accept the fact that they can't add or read?
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By understanding and harnessing the forces that drive human behavior, you can create a self-sustaining philanthropic effort that reaches millions of people. It begins with an entrepreneurial attitude: take an idea and execute on that idea. If it doesn't work, learn why and build on what you've learned.
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If you don't know much about the field, you're able to ask a set of questions that an expert would never ask, and that allows you a very different thought process and a fresh approach.
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I'm very, very used to hearing no - repeatedly! - and through my experience founding startups, I've learned to view those two little letters not as a final roadblock but as a problem to be solved.
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Apple Computer would not have reached its current peak of success if it had feared to roll the dice and launch products that didn't always hit the mark. In the mid-1990s, the company was considered washed up, Steve Jobs had departed, and a string of lackluster product launches unrelated to the company's core business.
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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.
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I believe our legacy will be defined by the accomplishments and fearless nature by which our daughters and sons take on the global challenges we face. I also wonder if perhaps the most lasting expression of one's humility lies in our ability to foster and mentor our children.
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The most frequently asked question I hear first-time entrepreneurs ask is, 'How do I know when to launch my product?' The answer, more often than not, should be: 'Now!'
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Your initial idea may or may not work, but you have to remember that a failed idea is nothing but a stepping stone to a bigger success.
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My children have been learning lessons about entrepreneurship since they were in kindergarten, and these lessons are paying off: even though they are only 22, 18, and 15, they have already collectively launched three nonprofit organizations and several new businesses.
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Successful ventures in business or philanthropy are built around great teams who can help us overcome tremendous challenges - and have the right experiences and relationships to do so.
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Teaching children about entrepreneurship is much like imparting any other skill or piece of knowledge. You will provide them with ways to experience how entrepreneurship works, and you guide them toward the subjects or areas they seem to show an interest in.
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Entrepreneurial Philanthropy is not just a philosophy or a dream. It is a promise that philanthropy is at its best when it is founded on entrepreneurial zest and agility.
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The human brain works as a binary computer and can only analyze the exact information-based zeros and ones (or black and white). Our heart is more like a chemical computer that uses fuzzy logic to analyze information that can't be easily defined in zeros and ones.
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I am proud of my kids and happy to brag about their achievements. Their success has been an immense source of happiness for me.
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Clearly, we are not programmed at birth to behave a certain way based on our gender. Instead, we are trained throughout our lives to conform to our gender norms.
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There are as many ways to help another human being as there are people in need of help. For some, the urgent need is as basic as food and water. For others, it is an opportunity to develop a talent, realize an idea, and reach one's full potential.
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If you think something is impossible, then it certainly is... for you.