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Don't let expertise fool you into seeing false boundaries or underestimating those with wild dreams.
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I've been an entrepreneur all my life, and my recent focus is on finding entrepreneurial solutions to address global challenges in healthcare and education.
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I understand human needs. I grew up where far too many people lived day to day without elemental needs like food and shelter.
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When your child comes to you at a young age and declares he or she is passionate about this or that, the natural tendency for many parents, out of love, is to simply support that decision. That's the path of least resistance, but it's not necessarily the best path, in my opinion.
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Unfettered, creative, and enthusiastic entrepreneurship is one of the hallmarks of American life, and it has allowed us to attract the best and brightest to this country.
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I started off with a company, InfoSpace, with my own funding. The company was listed among the most successful companies and I went on to start Intelius and Moon Express. Now, I focus my time on using the skills of an entrepreneur to solve many of the grand challenges facing us in the areas of education, healthcare, clean water and energy.
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Early versions of Microsoft Word left a lot to be desired. However, to the company's credit, it quickly learned where Word fell short, made the necessary changes, and repeatedly introduced new versions of the software.
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Just as physical exercise is a well-known and well-accepted means to improve health for anyone, regardless of age or background, so can the brain be put 'into shape' for optimal learning.
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Great entrepreneurs focus intensely on an opportunity where others see nothing. This focus and intensity helps to eliminate wasted effort and distractions. Most companies die from indigestion rather than starvation, i.e., companies suffer from doing too many things at the same time rather than doing too few things very well.
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I worked for Microsoft until 1996, till I had a different angle to view life. I wanted to be an entrepreneur and control my own destiny.
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Each one of us has the power to be the change we want to see in the world, making the world a better place.
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I have seen humility in many of the finest leaders I have met the world over. And indeed, it is embodied in the warm, engaging and quintessentially successful spirit of Sir Richard Branson.
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When you experience a failure as a leader, don't hide it - talk about it. Your missed opportunity will encourage others to take risks.
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As fathers, we all have great lessons to teach our children.
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If you are passionate about entrepreneurship like I am, you too can instill this passion in your children.
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My parents didn't believe in luck. They believed in hard work and in preparing me to take advantage of opportunity. Like many parents, they taught me to be generous but never to depend on the generosity of others.
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I absolutely believe in the power of innovative entrepreneurship on every level. That's why I am exploring ways to improve our education system by making it as effective as a private tutor and as engaging as video games.
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Philanthropists can learn important lessons from business entrepreneurs. They both spend their time solving problems. And to be successful, they both must overcome physical challenges and create self-sustaining operations. And ultimately, they must allow people to take action for their own benefit.
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Humans have always used our intelligence and creativity to improve our existence. After all, we invented the wheel, discovered how to make fire, invented the printing press and found a vaccine for polio.
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An entrepreneur is not a person who starts a company, but he is the person who actually solves a problem.
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Success doesn't necessarily come from breakthrough innovation but from flawless execution. A great strategy alone won't win a game or a battle; the win comes from basic blocking and tackling.
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Just think of the opportunities we can unlock by making education as addictive as a video game. This type of experiential, addictive learning improves decision-making skills and increases the processing speed and spatial skills of the brain. When was the last time your child asked for help with a video game?
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Call it the Tiger Mom effect: In the business world today, failure is apparently not an option.
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Sometimes we never see what failure is and often fail to recognize it.