Startups, New Ventures Quotes

It is much easier to start something than to finish it.

Elon Musk is an incredibly prolific entrepreneur, having come up with, or been at the founding team of Tesla, SpaceX, SolarCity, PayPal, all different industries that seem to have nothing to do with each other.

Overhead will eat you alive if not constantly viewed as a parasite to be exterminated. Never mind the bleating of those you employ. Hold out until mutiny is imminent before employing even a single additional member of staff. More startups are wrecked by overstaffing than by any other cause, bar failure to monitor cash flow.

Startups are now creating specialized 3-D printers capable of producing everything from synthetic hamburgers to multi-story apartment buildings.

I think that Vancouver as well as Canada needs a boot camp for young entrepreneurs. We have already seen tens if not hundreds of people put their names forward to be involved in the program, and we just think this is an amazing way to accelerate what they're doing.

… immigrants in the United States are almost twice as likely to start a new business as native born Americans

I belong to the breed of first-generation entrepreneurs who have basically created our enterprises with very frugal resources.

I think most of the dramatic new ideas come from little companies that then grow big.

The only rollercoasters I get on are startups.

I am always interested in helping and growing new tech start-ups and ideas.

Don't let a lack of big company names on your resume get you down, but also, don't let it feed a Silicon Valley ego. Oftentimes, the best candidates come from startups or smaller companies. It shows they are open to risk and can keep up with the long hours and occasional harsh demands.

Since most startups operate at a break-neck pace, with a concept to prove or a product to launch within a rapidly shortening runway of financing, company culture often gets shoved aside. This is a big, big mistake: Nobody serious about their business should put culture in the corner.

Geeks are a critical driver of America's innovation ecosystem, from the entrepreneurs launching startups in Silicon Valley to the scientists experimenting in university research labs to the whiz kids building gadgets in their parents' garages.

Every new startup business creates new opportunities. It doesn't matter whether you have a new app for college students or a home medical device for senior citizens; there are other multibillion noncompetitive corporations that are spending millions of dollars trying to market their goods and services to your same audience.

Use photos and videos often. The best startups post lots of imagery and videos. The worst ones? Text only.

The market is ridiculously overcrowded with early stage investors. This results in a talent drain, where the best talent gets diffused and work for their own startups.

Some people revel in getting their hands dirty. These are the people that make startups grow wildly. People with hustle also tend to be much more agile - they're the water that goes around the rock. These are the people you want around when everything goes wrong. They're also the people you want beside you when everything goes right.

There is the freedom from want, despair and psychological insecurity that would come from having income sufficient to provide the necessities of life. But there is also the freedom to choose not to work for a time in order to take care of family members, pursue a passion, acquire education or contribute to a worthwhile community project. There is the freedom to start a new business with an uncertain future, the freedom to say yes to a job that pays little but yields joy and satisfaction — and the freedom to say no to a job that pays too little or is demeaning and unpleasant. Why, they ask, should such freedoms be reserved only for the wealthy?

It's worth noting that everything - from the Internet to electric cars, genomic sequencing, mobile apps, and social media - were pioneered by startups, not existing companies.

The fact is, there are Fortune 500 companies that have been founded during recessions.

Mostly what I'm focused on is finding people who are younger who haven't built companies before but have a good idea.

I'm working with a lot of entrepreneurs and people launching new businesses. It's fun. It's what I've always liked to do and loved doing it in my years at NASCAR when we were growing NASCAR, building different lines of business and intellectual properties.

Doing startups is all about making mistakes.

India is a fertile ground for entrepreneurs, given its large pool of world-class talent and resources. India's ability to generate wealth and create social good will come if we let entrepreneurs flourish by encouraging and enabling innovation.

For most people, it's easy to be passionate about things that are working out, and that distorts our impression of the importance of passion. I've been involved in several dozen business ventures over the course of my life, and each one made me excited at the start. You might even call it passion.