Most companies that are great at something - like AOL dialup or Borders bookstores - do not become great at new things people want (streaming for us) because they are afraid to hurt their initial business.
Reed HastingsRead
Most entrepreneurial ideas will sound crazy, stupid and uneconomic, and then they’ll turn out to be right.
Interpretation
Entrepreneurial ideas often seem impractical at first, but many can lead to success.
This quote emphasizes that many groundbreaking entrepreneurial ideas are often initially dismissed as foolish or unrealistic. However, history has shown that such ideas can eventually prove to be effective and transformative, highlighting the importance of vision and persistence in entrepreneurship.
In practice
This quote could be used in a motivational speech at a business seminar.
Most companies that are great at something - like AOL dialup or Borders bookstores - do not become great at new things people want (streaming for us) because they are afraid to hurt their initial business.
Be brutally honest about the short term and optimistic and confident about the long term.
Do not tolerate brilliant jerks. The cost to teamwork is too high.
I learned the value of focus. I learned it is better to do one product well than two products in a mediocre way.
Truly brilliant marketing happens when you take something most people think of as a weakness and reposition it so people think of it as a strength.
I had my Aunt Rosie, who was famous and then not, so I got a lesson in fame early on. And I understood how little it has to do with you. And also how you could use it.
If you are honest with yourself and can look into a mirror and believe that you have given 100 percent, you should feel proud. If you cannot, then there is more work to be done.
There is no greater glory that can befall a man that what he achieves with the speed of his feet or the strength of his hands.
Entrepreneurs have the flexibility and the ability to do things that large companies simply cannot. Could a large company pull off a trick like Amyris, going from anti-malaria medicine to next-generation fuel?
Be happy when you reach the top: cry, clap your hands, shout to the four winds that you did it, let the wind - the wind is always blowing up there - purify your mind, refresh your tired and sweaty feet, open your eyes, clean the dust from your heart. It feels so good, what was just a dream before, a distant vision, is now part of your life, you did it!
I copied (Shoeless Joe) Jackson's style because I thought he was the greatest hitter I had ever seen, the greatest natural hitter I ever saw. He's the guy who made me a hitter.
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