How important is failure - yes, failure - to the health of a thriving, innovative business? So important that Ratan Tata, chairman of India's largest corporation, gives an annual award to the employee who comes up with the best idea that failed. Naveen Jain More Quotes by Naveen Jain More Quotes From Naveen Jain Great entrepreneurs focus intensely on an opportunity where others see nothing. Naveen Jain entrepreneur focus opportunity Philanthropy is not about giving money but about solving problems. While well-meaning, the idea of writing a check and calling it 'philanthropy' is extremely short-sighted and, unfortunately, extremely pervasive. Naveen Jain giving-money writing ideas Think so big, so audacious that people will think you are crazy. Naveen Jain crazy people thinking Don’t wallow in brainstorming. Time spent fiddling with a business plan or filling up whiteboards with ideas is time that you could spend actually launching your business and seeing if the idea floats. Launching gives you real, solid feedback, instead of the imaginary “what if” scenarios dreamed up in a conference room. Naveen Jain filling-up real ideas Success doesn’t necessarily come from breakthrough innovation but from flawless execution. A great strategy alone won’t win a game or a battle; the win comes from basic blocking and tackling. Naveen Jain break-through block winning Being a father has been, without a doubt, my greatest source of achievement, pride and inspiration. Fatherhood has taught me about unconditional love, reinforced the importance of giving back and taught me how to be a better person. Naveen Jain fathers-day pride inspiration Success is not how much money you have in a bank. Success is how many lives you have touched. Naveen Jain touched success I believe that entrepreneurs play an unmatched role and the accelerating pace of innovation is transforming the face of global challenges. You must think about the solution differently when you're trying to impact 1 billion people rather than affecting 1 million people. Naveen Jain impact believe thinking Stay focused on the mission. Naveen Jain stay-focused missions focused In the business world today, failure is apparently not an option. We need to change this attitude toward failure - and celebrate the idea that only by falling on our collective business faces do we learn enough to succeed down the road. Naveen Jain failure attitude fall Successful entrepreneurs find the balance between listening to their inner voice and staying persistent in driving for success - because sometimes success is waiting right across from the transitional bump that's disguised as failure. Naveen Jain entrepreneur voice successful The day you become humble is the day you become successful. Naveen Jain becoming-successful successful humble I believe our legacy will be defined by the accomplishments and fearless nature by which our daughters and sons take on the global challenges we face. I also wonder if perhaps the most lasting expression of one's humility lies in our ability to foster and mentor our children. Naveen Jain daughter mother children The real metric of success isn't the size of your bank account. It's the number of lives in whom you might be able to make a positive difference. Naveen Jain differences real numbers When you experience a failure as a leader, don't hide it - talk about it. Your missed opportunity will encourage others to take risks. Naveen Jain risk leader opportunity We owe it to our children to equip them with all the capabilities they'll need to thrive in the limitless world beyond the classrooms. Naveen Jain children world needs Success is not about how much money we have in the bank, but it's about how many peoples' lives we have impacted through it. Success is experienced when we do things which are never done before. Naveen Jain done True philanthropy requires a disruptive mindset, innovative thinking and a philosophy driven by entrepreneurial insights and creative opportunities. Naveen Jain opportunity philosophy thinking Our education system was developed for an industrial era where we could teach certain skills to our children and they were able to use these skills for the rest of their lives working productively in an industry. Naveen Jain skills use children Neuroplasticity research showed that the brain changes its very structure with each different activity it performs, perfecting its circuits so it is better suited to the task at hand. Naveen Jain neuroplasticity brain hands
