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We've had great successes, but our future is not about our past success. It's going to be about whether we will invent things that are really going to drive our future.

If there isn't a business logic to get to marketability, the chance of an idea's importance in the world is very low.

Lots of companies don't succeed over time. What do they fundamentally do wrong? They usually miss the future.

And I think that still is true of this business - which is basically research and development - that you probably spend more time in planning and training and designing for things to go wrong, and how you cope with them, than you do for things to go right.

So many of the major decisions that affect the entire future of your enterprise happen during its first year in business. In fact, most don't make it because they don't know how to get the resources they need to survive.

Building businesses takes tremendous stamina, and success isn't achieved without it.

Businesses are not just local or even national anymore - good ideas are immediately global. So the market opportunities are much larger than we've ever imagined or seen.

Traditional businesses can say, 'We're going to sell widgets to people, and it will make X amount of profit.' But new business models are hard.

Most people end up owning a business by accident. Therefore, they don't usually have a thought process and a strategic plan in place.

Life... is not simply a series of exciting new ventures. The future is not always a whole new ball game. There tends to be unfinished business. One trails all sorts of things around with one, things that simply won't be got rid of.