A Quote by Kerry Packer
There is a lot more young Indian entrepreneurs can do if they are given the money. They have the idea, and I would just like to help them realise it.
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The payouts for starting a business are just terrible when you account for risk. A tiny minority of entrepreneurs ever get rich. And the majority of entrepreneurs would probably make far more money, and have more stable personal relationships, if they just worked for someone else.
I’m encouraging young people to become social business entrepreneurs and contribute to the world, rather than just making money. Making money is no fun. Contributing to and changing the world is a lot more fun.
I think the Indian AI ecosystem is growing rapidly. A lot of Indian entrepreneurs reach out to me seeking feedback about startups and products. And some of them have very interesting business ideas.
More and more, I realise I have a distinct voice, which I didn't realise! You know, it's just my voice. I had no idea. A lot of times, people will say now, 'I recognised you from your voice,' which is interesting to me.
Some incubators, like Y Combinator and TechStars, were started by successful entrepreneurs wishing to help the next generation learn from their experiences. Other programs, such as Viterbi Startup Garage and Austin Technology Incubator, were created by universities to help young entrepreneurs bridge the knowledge gap from student to funded company.
My colleagues and I would spend a lot of our own money on copy, paper, and pencils. I just figured there are people out there who would want to help teachers like us if they could see exactly where their money was going.
I would like to see more airplay for all artists, no matter what age. I think there's a lot of money being spent toward the young guys, but a lot of the older guys are the ones who blazed the trail for those young guys.
We gravitated to the idea of social entrepreneurs when it was a fairly nascent thing. We began to build the organization, focused on investing in and celebrating social entrepreneurs. Not long after that, we realized there was another opportunity to help bring them together and tell their stories.
I wish more LPs would blog to help VCs and entrepreneurs understand them better.
If you come upon a person who is drowning, would you ask if they need help—or would it be better to just jump in and save them from the deepening waters? The offer, while well meaning and often given, ‘Let me know if I can help’ is really no help at all.
Germany has a very able and productive workforce. It has high-quality products that are valued all over the world. It has every opportunity to be a productive, growing state. It just has to give its entrepreneurs a chance. It has to let them make money, hire and fire, and act like entrepreneurs.
There are a lot of subtle things that are harder to stamp out of a culture in terms of male entrepreneurs being mentored more than female entrepreneurs... male entrepreneurs getting several strikes against them before they're kind of let go, whereas female entrepreneurs, it's kind of one strike and you're out.
A lot of people don't know I'm from the West Coast. My swag is different. Me being from Young Money, affiliated with them, some people think I'm from down South. They think maybe I'm from New Orleans like them. It's just good to show people and build outside of Young Money, build my brand outside of that.
United Features had given me a development contract, which meant I was to work exclusively with them and rather than completing everything on my own and turning it in to them and having it rejected or accepted, I was working much more directly with the syndicate, turning in smaller batches much more frequently, and getting comments on them. The idea was that they would help me develop the strip and then, assuming that they liked it, it would flow into a normal contract for syndication.
I like the strategy of finding great entrepreneurs early, giving them some money, helping them a little - perhaps not as much as we would a regular core investment.
Money comes and goes. I'm thankful I have money. I'm trying to save up more. I would like more money. But it's not happiness. If you're a millionaire and hate your family, hate your friends and your life, then what is the point? You're just a person with a lot of money and power who is not happy.
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