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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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As an entrepreneur, you only fail when you give up.
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It's a simple fact: no individual can be good at everything. Everyone needs people around them who have complimentary sets of skills.
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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.
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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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If you think something is impossible, then it certainly is... for you.
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You know you've reached true success the day you become truly humble. That's the day you stop needing to prove to the world - and yourself - that you've accomplished something meaningful.
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Growing up in India, I knew all I needed to change the world was one good opportunity, and I prepared myself for it. When that opportunity came - in the form of the chance to earn an engineering degree - I was ready.
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A person who sees a problem is a human being; a person who finds a solution is visionary; and the person who goes out and does something about it is an entrepreneur.
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The U.S. has spent billions of dollars on educating and supporting teachers or developing curricula but no resources are applied to 'improving the brain' that a student brings to the classroom.
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I grew up poor in India, and there were days when we struggled to find food and other basic necessities. Our mother worked odds and ends jobs to keep the family together and educate us.
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Governments take too long to get things done and there are far too many varied interests at stake. If you were starting a business today and needed a partner, you would never choose a large bureaucratic institution like the government.
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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 that far surpasses the events themselves; and that active participation keeps children moving and is good for their self-esteem.
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In the business world today, failure is apparently not an option. We need to change this attitude toward failure - and celebrate the idea that only by falling on our collective business faces do we learn enough to succeed down the road.
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In life, we all struggle and strive to make progress. When will you know you've reached success? A billion dollars is a good sign, but there's a better one - humility.
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Any time you make more than a couple of friends at an event, I think that you actually made no friends.
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Many of the problems of poverty and need are really problems of physical infrastructure: not enough hospitals, too few schools, insufficient roads, bridges, and a lack of tools. This is what makes traditional philanthropy so daunting. You could build a thousand new hospitals in some parts of the world and barely make a difference.
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Open-source encyclopedias such as Wikipedia and search engines such as Google and Bing, which people can tap into anytime and anywhere via computers and smart phones, put a world of knowledge at our fingertips at a lower cost than ever before.
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In my view, the first requirement for success for an entrepreneur is to dream big. The second aspect that prevents entrepreneurs from succeeding is fear of failure.
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I have absolutely no idea about space exploration. I'm a software guy. But because I'm a non-expert, I've been able to bring the software concept of modularity into the space sector, which was never done before.
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We, as entrepreneurs, can be held responsible for our actions every single day, not every election cycle.
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What separates sports from entrepreneurism, however, is that in business we constantly have to overcome undefined and unpredictable challenges. Athletes train for specific events and conditions, whereas entrepreneurs generally have little idea what they will encounter along the way.
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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 company.
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Athletes at all ages are bigger and stronger than ever before. And they are being encouraged - sometimes even incentivized, as we recently learned was the case on at least one National Football League team - to play to injure.