Marc Randolph Quotes

We didn't know how to run a business, but we had dreams and talent.

Entrepreneurs create value; I wanted to create ideas that became machines for making value.

There is a common and persistent belief out there that entrepreneurship is about creativity - that it's about having a great idea. But it's not, really. Entrepreneurship isn't about creativity. It's about organization-building - which, in turn, is about people.

As an entrepreneur, my problem was that I had too many ideas.

I've always been an idea person, so I've always been great at having ideas, just not having the resources to make them happen.

What interests me is starting businesses on our own, finding ideas that we can support, and simply investing in invention.

One of my top tips for aspiring entrepreneurs: Tell everyone you know about your idea. This runs contrary to the instinct that most people have, because they're afraid someone is going to 'steal my ideal.' Ideas alone are worth very little; it's in the execution and market feedback that companies are made.

To turn really interesting ideas and fledgling technologies into a company that can continue to innovate for years, it requires a lot of disciplines.

Entrepreneurs are moving from a world of problem-solving to a world of problem-finding. The very best ones are able to uncover problems people didn't realize that they had.

Most entrepreneurs think capital is the biggest problem they have - but it's not. You can have all the capital you want, but if the market fit and ability to adjust are not present, your startup will likely not succeed.

I really have become very interested at working with and helping entrepreneurs at the early stages of their growth.

A lot of people have a great business idea; they just need a little push to make it a reality.

I told myself the next time I had a good idea, I would bring it to market.

A startup is not just about the idea: it's about testing and then implementing the idea. A founding team without these skills is likely dead on arrival.

There are some keys to success in the fad business. One is never give up. You need total motivation and the right kind of creativity. You also have to back the right activity. It is a disaster if you back the wrong idea with your energy. You not only lose money, but you take a big social risk.

'Bazillion Dollar Club' follows six struggling startups trying to get their products together.

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.

In the movies, you want a good story and characters that are honest, but you are also looking for a good director who can lead the ship. That's how we look at business. Everybody has a great idea for a start-up, and so do their relatives, and they tell me, 'You gotta build it.' I say, 'I have to believe in it.'

As I've conducted my interviews with crowdsourcing entrepreneurs and experts, it's constantly hit me that your ability to do something big and bold is really a function of the size and quality of your crowd.

We've tapped into a huge demand, and it's up to us to fulfill that demand and to be creative doing it.

Founders go wrong when they start to believe their business plan will materialize as written. I advise entrepreneurs to burn their business plan - it's simply too dangerous to the health of your business.

Entrepreneurship is not really building a product, it's not having an idea, it's not being in the right place at the right time. It's fundamentally company building.

Our greatest lack is not money for any undertaking, but rather ideas, If the ideas are good, cash will somehow flow to where it is needed.

For me, the winning strategy in any start-up business is, 'Think big but start small.'

My creative side is identifying all these great entrepreneurial creative people that come up with great ideas, whether they are in fashion or technology or a new tool to improve ourselves.