Naveen Jain
Businessman
1959-09-06
Books by Naveen Jain
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The Billion Dollar Secret
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Optimal Planning of Smart Grid with Renewable Energy Resources
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Quotes by Naveen Jain
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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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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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I believe we need a more opportunistic and democratic approach to lunar exploration, now that we're shifting from U.S. government-sponsored space exploration to private expeditions.
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Experts are able to identify patterns related to a specific problem relevant to their area of knowledge. But because nonexperts lack that base of knowledge, they are forced to rely more on their brain's ability for abstraction rather than specificity.
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I'm very, very used to hearing no - repeatedly! - and through my experience founding startups, I've learned to view those two little letters not as a final roadblock but as a problem to be solved.
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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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Stay focused on the mission.
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Your initial idea may or may not work, but you have to remember that a failed idea is nothing but a stepping stone to a bigger success.
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Neuroplasticity research showed that the brain changes its very structure with each different activity it performs, perfecting its circuits so it is better suited to the task at hand.
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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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If you don't know much about the field, you're able to ask a set of questions that an expert would never ask, and that allows you a very different thought process and a fresh approach.
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How important is failure - yes, failure - to the health of a thriving, innovative business? So important that Ratan Tata, chairman of India's largest corporation, gives an annual award to the employee who comes up with the best idea that failed.
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Once humans traded their hunter-gatherer existences for more settled communities, we began a quest to make our lives better and more comfortable, but we've also been sucking precious finite resources from our environment ever since.
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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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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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Being a father has been, without a doubt, my greatest source of achievement, pride and inspiration. Fatherhood has taught me about unconditional love, reinforced the importance of giving back and taught me how to be a better person.
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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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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 believe that incentivized prizing is the best solution to help unlock the answers to the some of the profound problems that plague our planet.
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I believe that entrepreneurs play an unmatched role and the accelerating pace of innovation is transforming the face of global challenges. You must think about the solution differently when you're trying to impact 1 billion people rather than affecting 1 million people.
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