Walt Mossberg Quotes

The Internet creates as well as destroys. Social networks, search advertising, and cloud computing are multibillion dollar industries that didn't exist 10 years ago. They are products of the same force that has rendered the Postal Service's core business obsolete.

I've tended to work at fast-growing companies that improve the way business gets done.

It's important to remember that innovators in business don't always get a platform.

My innovation involved taking an idea from the telecommunications and banking industries, and applying that idea to transportation business.

Google's entire business model and its planning for the future are banking on an open and free Internet. And it will not succeed if the Internet becomes overly balkanized.

Everyone knows that the broadband era will breed a new generation of online services, but this is only half of the story. Like any innovation, broadband will inflict major changes on its environment. It will destroy, once and for all, the egalitarian vision of the Internet.

A disruptive innovation is a technologically simple innovation in the form of a product, service, or business model that takes root in a tier of the market that is unattractive to the established leaders in an industry.

The reason why it is so difficult for existing firms to capitalize on disruptive innovations is that their processes and their business model that make them good at the existing business actually make them bad at competing for the disruption.

Every breakthrough business idea begins with solving a common problem. The bigger the problem, the bigger the opportunity. I discovered a big one when I took apart an IBM PC. I made two interesting discoveries: The components were all manufactured by other companies, and the system that retailed for $3,000 cost about $600 in parts.

I want to preserve the free and open Internet - the experience that most users and entrepreneurs have come to expect and enjoy today and that has unleashed impressive innovation, job creation, and investment.

Energy and environmental regulation, transportation, and broadband policy all benefit when legislators have a basic grounding in the technical concepts behind business models, products, and innovation.

Whatever business you're in - it doesn't matter - it's going to commoditize over time. It's going to devalue. You've got to keep moving it to a higher value.

... whatever business you're in, it doesn't matter, it's going to commoditize over time, it's going to devalue, you've got to keep moving it to a higher value. Keep going to a higher value in whatever it is that you do and force yourself and force the organization to always do it ahead of time

We think of the Internet as a bottom-up phenomenon. There are people and countries that would like to treat it as a top-down institution; Americans resist that and I think rightfully so. It would cramp our style in terms of creativity, innovation, and so forth.

Without net neutrality protections, the Internet would no longer be a free and open ecosystem for innovation.

The FCC banned throttling for good reason, namely that Internet service providers should not bias their networks toward some applications or classes of applications. Biasing the network interferes with user choice, innovation, decisions of application makers, and the competitive marketplace.

The most important thing to remember here is that the Internet is not broken, and all of the innovation that we've seen since inception has been based on it being free and open.

I don't think the disruptor and the business model of a disruptor necessarily is an indication of the topography of the future. If it did, you would say then that everyone will make high-end electric cars, when the answer is clearly no.

If you're too focused on your current business, it's hard to change and concentrate on innovating.

True entrepreneurshi p comes only from risk-taking.

If you look now, more than ever new entrants, new upstarts, are able to grow so much faster than they could before.

The strategic stimulus to economic development in Schumpeter's analysis is innovation, defined as the commercial or industrial application of something new---a new product, process or method of production, a new market or source of supply, a new form of commercial, business or financial organization.

Whatever business you are in, every company can shoot for the start in their own way.

The trouble with much of the advice business is getting today about the need to be more vigorously creative is, essentially, that its advocates have generally failed to distinguish between the relatively easy process of being creative in the abstract and the infinitely more difficult process of being innovationist in the concrete.

Innovation and creativity are the juiciest parts of running a business.