A Quote by Marc Randolph
I don't know if there's a genetic marker for entrepreneurship. But if there is, it's most likely not a genius for planning. It's a propensity for action - and the ability to put failure behind you quickly. To stop being precious about your ideas.
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I often say Policy Planning is very analogous to a venture capital firm. A venture capital firm sees an interesting idea and puts money behind it; in Policy Planning, we look for promising ideas and then put contacts and relationships behind it.
I really believe that entrepreneurship is about being able to face failure, manage failure and succeed after failing.
Your most precious possession is not your financial assets. Your most precious possession is the people you have working there, and what they carry around in their heads, and their ability to work together.
Action without planning is the cause of all failure. Action with planning is the cause of all success.
Planning is an unnatural process; it is much more fun to do something. The nicest thing about not planning is that failure comes as a complete surprise, rather than being preceded by a period of worry and depression.
I've had many failures in terms of technological... business... and even research failures. I really believe that entrepreneurship is about being able to face failure, manage failure and succeed after failing.
The fear of criticism is at the bottom of the destruction of most ideas which never reach the planning and action stage.
It seems likely that most if not all the genetic information in any organism is carried by nucleic acid - usually by DNA, although certain small viruses use RNA as their genetic material.
If anything, my problem is, I'm not a genius, it's just that I can write songs very quick. I have a lot of ideas, let's put it that way - I have too many ideas. And my problem is, I stockpile ideas and I get lazy and I don't finish them, and next thing I know, I'm looking around and I've got a hundred song ideas, but are any of them any good? I don't know.
Why is it that, when we want to think outside the proverbial box, we often put ourselves in one? We gather our team in a conference room, plaster the walls with sticky paper, and wait for the ideas to flow in a stream of marker scribbles. How often has your quest for innovation peaked at renovation - new dressing on old ideas?
I got to pick the mind of a genius, and I realized why he was a genius. And I realized the man behind the veil or whatever you want to call it. Do you know what I mean? I got to see what makes Dr. Dre Dr. Dre, and I got to interpret that. It's hard to put it into words, so the only thing I know how to do is put it on the screen.
Planning is actually incompatible with an entrepreneurial society and economy. Planning is the kiss of death of entrepreneurship.
The amazing thing about working on new platforms is that there is a great deal of excitement. You know, these things - they're brand new. They're trying to figure it out. And so if you're a show that they're supporting, they're going to put a tremendous amount of energy behind you. They're open to new ideas, new ways of promoting a show, and I think that feels really exciting, because network TV sort of feels like a formula. They give you a couple of weeks, and if it works, it works, and if it doesn't, you're most likely going to get cancelled.
Keynesian modelling relies on marginal propensity to consume and marginal propensity to invest. The idea that if we give more money to the poor, they have a propensity to consume that's much higher than the wealthy, though I wish they would talk to my wife about that; she seems to have a propensity to consume.
It's your ability to learn quickly and contribute quickly that matters. One of the things I tell people these days is that there is no perfect fit when you're looking for the next big thing to do. You have to take opportunities and make an opportunity fit for you, rather than the other way around. The ability to learn is the most important quality a leader can have.
Genius is the ability to put into effect what is on your mind.
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