No one is born a CEO, but no one tells you that. The magazine stories make it sound like Mark Zuckerberg woke up one day and wanted to redefine how the world communicates [by creating] a billion-dollar company. He didn’t.
The essence of success is that it is never necessary to think of a new idea. It is far better to wait until somebody else does it, and then to copy him in every detail except his mistakes.
I spend 90% of my time with people who don’t report to me, which also allows for serendipity, since I’m walking around the office all the time. You don’t have to schedule serendipity. It just happens.
Running a company on market research is like driving while looking in the rear-view mirror.
Innovation is the specific instrument of entrepreneurship, the act that endows resources with a
new capacity to create wealth.
True leadership stems from individuality that is honestly and sometimes imperfectly expressed. Leaders should strive for authenticity over perfection.
Where are most of the millions of new jobs? An overwhelming percentage has been, and is being, created in companies with fewer than 100 employees.
Great entrepreneurs focus intensely on an opportunity where others see nothing.
People ask, ‘Are entrepreneurs born, or are they made?’ I think it’s a combination of both.
There are 100 men seeking security to one able man who is willing to risk his fortune.
J Paul Getty
(This story appears in the 15 November, 2013 issue of Forbes India. To visit our Archives, click here.)