Those that recognize the inevitability of change stand to benefit the most from it. Jay Samit More Quotes by Jay Samit More Quotes From Jay Samit The best big idea is only going to be as good as its implementation. Jay Samit big-ideas bigs ideas There are two types of people in this world: those whose look for opportunity and those who make it happen. Jay Samit opportunity two people Building a career or a company is about living a few years of your life like most people won't so that you can spend the rest of your life living at a level most people can't. Jay Samit careers people years Crowdsourcing is the ultimate disruptor of distribution because in a most Zen-like fashion, the content is controlled by everyone and no one at the same time. Jay Samit crowdsourcing distribution fashion A free and open Internet is a despot's worst enemy. Jay Samit despots worst-enemy internet They want to listen to what they want, when they want, where they want, on the device of their choice. Jay Samit company-news The strength of brand loyalty begins with how your product makes people feel. Jay Samit feel loyalty strength people There is no better feeling than doing well while you are doing good. If you really want to meet the nicest, most caring people in your field, get involved with charity work. The thankless hours that go into planning charity dinners, running a carnival, and gathering donations for silent auctions are noticed and appreciated. Jay Samit good you work people No first-time entrepreneur has the business network of contacts needed to succeed. An incubator should be well integrated into the local business community and have a steady source of contacts and introductions. Jay Samit well succeed community business There is a huge difference between failing and failure. Failing is trying something that you learn doesn't work. Failure is throwing in the towel and giving up. True success comes from failing repeatedly and as quickly as possible, before your cash or your willpower runs out. Jay Samit you failure work success The very first thing I tell every intern on the first day is that their internship exists solely on their resume. As far as I am concerned, they are a full-time member of my team. For all the negative stereotypes about millennials, you would be astounded by how hard they work when they believe their contribution matters. Jay Samit i-am day you work To thrive, all businesses must focus on the art of self-disruption. Rather than wait for the competition to steal your business, every founder and employee needs to be willing to cannibalize their existing revenue streams in order to create new ones. All disruption starts with introspection. Jay Samit competition focus business art Most companies overlook the most basic of all training functions: the onboarding of new employees into their corporate culture. Jay Samit employees new training culture As a serial investor who has raised hundreds of millions of dollars for startups, I know that the business plans coming out of incubators tend to be vetted and more thoroughly validated. The incubator's input into your business plan will make you look far more polished and experienced - even if you have never run a business before. Jay Samit never look you business As a serial entrepreneur, angel investor and public company CEO, nothing irks me more than when a startup founder talks about wanting to cash in with an initial public offering. Jay Samit nothing me entrepreneur angel Design is how you make your first impression with your consumers. Make sure it is a lasting one. Jay Samit your how you design Networking is all about connecting with people. But then again, isn't that what life is about? The more time you can find to get out of the office and build true friendships, the farther your startup will go. Entrepreneurs need to remember to spend as much time working on their business as they do in their business. Jay Samit you business time life 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. Jay Samit you medical business home Founding a successful startup is no different than forming a rock band. Jay Samit rock band different successful Instead of focusing the traditional planning cycles where companies benchmark their businesses against existing competition, teams need to be developed to foster internal change and disruption. Self-disruption is akin to undergoing major surgery, but you are the one holding the scalpel. Jay Samit need you competition change
