If you look at the economics of Nokia, roughly half of the company, half of the business, half of how we think about the business is focused on those emerging markets and on those lower-priced devices. But, of course, people who are aspirational and buying those lower-priced devices today are looking at smart phones tomorrow, and so forth.
Trying your best not to get stressed out, the hardest part is not to get down, not to let the business get to you. I think the business is more mental than it is talent. I think you can have the talent, but if you don't have it up here, I think you can easily just break down.
I mean, that's kind of what this business is about in some ways. You're trying to make everybody like you. But you can't do that. You can't force everybody - anybody to like you if they're just not willing to do it.
If people say you shouldn't pursue business around your passion they are haters. Don't believe them.
It's a rare business that doesn't have a way worse future than it has a past.
Conventional wisdom suggests the primary motivator for entrepreneurs is money or wealth creation and, in fact, much of the political debate tends to center around what kind of tax or regulatory policy changes will turn corporate suits into small business adventurers overnight.
Generally, the technology that enables disruption is developed in the companies that are the practitioners of the original technology. That's where the understanding of the technology first comes together. They usually can't commercialize the technology because they have to couple it with the business model innovation, and because they tend to try to take all of their technologies to market through their original business model, somebody else just picks up the technology and changes the world through the business model innovation.
Those who agree with us may not be right, but we admire their astuteness.
Any practice of business which would dominate the country by its own selfish interest is a destruction of equality of opportunity. Government in business, except in emergency, is also a destruction of equal opportunity and the incarnation of tyranny through bureaucracy.
The whole modern world has divided itself into Conservatives and Progressives. The business of Progressives is to go on making mistakes. The business of the Conservatives is to prevent the mistakes from being corrected.
Pleasure is far sweeter as a recreation than a business.
