Quotes About Entrepreneurship

And entrepreneurship is a risky and heroic activity, necessary for growth or even the mere survival of the economy.

In order to progress, modern society should be treating ruined entrepreneurs in the same way we honor dead soldiers, perhaps not with as much honor, but using exactly the same logic (the entrepreneur is still alive, though perhaps morally broken and socially stigmatized

Courage (risk taking) is the highest virtue. We need entrepreneurs.

The fragility of every startup is necessary for the economy to be antifragile, and that's what makes, among other things, entrepreneurship work: the fragility of individual entrepreneurs and their necessarily high failure rate.

Entrepreneurs are selected to be just doers, not thinkers, and doers do, they don't talk.

growth in society may not come from raising the average the Asian way, but from increasing the number of people in the "tails," that small, very small number of risk takers crazy enough to have ideas of their own

blinding people to the odds of success when engaging in ventures.

The strategy for the discoverers and entrepreneurs is to rely less on top-down planning and focus on maximum tinkering and recognizing opportunities when they present themselves. So I disagree with the followers of Marx and those of Adam Smith: the reason free markets work is because they allow people to be lucky

I was told that a scientist managed the company and that he had the instinct, as a scientist, to just let scientists look wherever their instinct took them. Commercialization came later.

Recall that Fat Tony was in favor of just "making a buck" as opposed to being "proven right.

At the time of writing, most big recent successes (Microsoft, Apple, Facebook, Google) were started by people with skin and soul in the game and grew organically—if they had recourse to funding, it was to expand or allow the managers to cash out; funding was not the prime source of creation. You don't create a firm by creating a firm; nor do you do science by doing science.

In fact, economic growth comes from such risk taking.

The strength of the computer entrepreneur Steve Jobs was precisely in distrusting market research and focus groups—those based on asking people what they want—and following his own imagination. His modus was that people don't know what they want until you provide them with it.

Some blindness to the odds or an obsession with their own positive Black Swan is necessary for entrepreneurs to function. The

Nunca pergunte às pessoas o que elas querem, ou para onde querem ir, ou para onde pensam que deveriam ir, ou, pior ainda, o que elas pensam que desejarão amanhã. A força do empreendedor do ramo da computação Steve Jobs estava, precisamente, em desconfiar das pesquisas de mercado e dos grupos de foco — aqueles com o objetivo de perguntar às pessoas o que elas querem — e seguir sua própria imaginação.

It contradicts modern methods and ideas of innovation and progress on many levels, as we tend to think that innovation comes from bureaucratic funding, through planning, or by putting people through a Harvard Business School class by one Highly Decorated Professor of Innovation and Entrepreneurship (who never innovated anything) or hiring a consultant (who never innovated anything).

We need people to take (bounded) risks.

The strategy for the discoverers and entrepreneurs is to rely less on top-down planning and focus on maximum tinkering and recognizing opportunities when they present themselves.

get a profession that is "scalable," that is, one in which you are not paid by the hour and thus subject to the limitations of the amount of your labor.

So I have, accordingly, except for eight years, been self-employed.

Heroism and the respect it commands is a form of compensation by society for those who take risks for others. And entrepreneurship is a risky and heroic activity, necessary for growth or even the mere survival of the economy. It is also necessarily collective on epistemological grounds—to facilitate the development of expertise.

There is more money in designing a shoe than in actually making it: Nike

doing what Americans had always done: profit as best they could from whatever commercial circumstances presented themselves.

Bad taste makes more millionaires than good taste.