Business Modeling Quotes

Young people in Israel are encouraged to design, produce and sell their products from high school. Technical universities also matter. Teach and introduce entrepreneurship courses in technical universities.

I'd say that my profession ends where architectural thinking ends - architectural thinking in terms of thinking about programs and organizational structure. These abstractions play a role in many other disciplines, and those disciplines are now defining their 'architectures' as well.

As a company gets big, the information that informs decision-making gets massive. Depending upon the prism through which you view the business, your perspective will vary. If two people are in charge, this variance will cause conflict and delay.

Whenever I talk to people who founded a company, I often like to ask the prehistory questions 'When did you meet? How long have you been working before you started the company?' A bad answer is, 'We met at a networking event a week ago, and we started a company because we both want to be entrepreneurs.'

Business books are generally read and written by people who aren't good at business.

As quickly as it started, our business model evaporated. But while Traf-O-Data was technically a business failure, the understanding of microprocessors we absorbed was crucial to our future success.

It's critical to simplify and run the business in such a way that resources are released to invest in your main business.

There's one thing I've learned about entrepreneurs' business plans. Every one is wrong.

Before I started Code for America, I spent my career around startups. First it was game developers, small teams trying to make hits in a tough business. Then, when I started working on the Web 2.0 events, it was web startups during times of enormous opportunity and investment.

Entrepreneurial education in grades K-12, if it exists at all, still focuses on teaching potential entrepreneurs small business entrepreneurship - the equivalent of 'how to run a lemonade stand.'

The collision of mobile and social platforms and the need to build these companies from the ground up - whether it's a game, a healthcare application, an education application - building these from the ground up is what allows entrepreneurial activity to be unleashed.

Entrepreneurs, guys that start businesses, grow with them. It's more painful than it would appear.

I learned that you shouldn't take your most esoteric concept and fit it into the largest space with the highest fixed costs. It puts too much pressure on the restaurant to hit grand slams every day when there just aren't enough people who want to watch that sport.

First Round has an opportunity: to create an entirely new kind of online publication, built for technology entrepreneurs, where they can learn how to build better companies.

Indians have very good engineering capabilities, and that is why, if an industry focuses on innovation, you will have a far greater chance of success, rather than the model which is based on just being a production machine.

If we don't take an approach that looks holistically at the form a video-game platform should take in the future, then we're not able to sustain Nintendo 10 years down the road.

You need to create a place where young students can flesh out their business plans and further develop their research projects and then have a fund to help students get started in their businesses.

I don't think it ever occurred to me that I wouldn't be an entrepreneur. My dad became a real estate developer, and that work is usually project-based. You attract investors for a project with a certain life cycle, and then you move on to the next thing. It's almost like being a serial entrepreneur, so I had that as an example.

If you've never founded a company, rest assured it never happens as elegantly and smoothly as articles in 'Inc.' and other business magazines or case studies suggest.

Technical co-founders are great at envisioning where the company's going from a strategic standpoint. They have what I call the 'gut-feel' of building out their business.

My work is more about trying to ask good questions and not trying to come up with big shows. Every fashion company is doing that, every car company is doing that.

Most small business owners are not particularly sophisticated business people. That's not a criticism; they're passionate about cutting hair or cooking food, and that's why they got in the business, not because they have an MBA.

I want to give other creatives the opportunity to find the entrepreneur inside themselves and teach them how to build their own platform.

Cool innovation might happen in startups, but they often lack the resources or the deep expertise in the problems they want to address.

I have spent 25 years battling to tell people that business is important. People aren't prepared to understand that it's a complex piece of machinery.