You have to manage money. Particularly with market economies. You may have a great product, but if your bottom line goes bust, then that's it.
We see great growth in the United States. But also in China, Brazil, the U.K., and other markets around the world. So ecommerce is going to continue to be a great story for Walmart.
Research your idea. See if there's a demand. A lot of people have great ideas, but they don't know if there's a need for it. You also have to research your competition.
I think it's entirely possible to have a career in fashion and raise a child. Stella McCartney is on her fourth child and remains both a fashion icon and a great mom.
One of the great things about the Roomba robot vacuum cleaner, which my company iRobot designed, is that it's too cheap not to be autonomous.
Science fiction is the great opportunity to speculate on what could happen. It does give me, as a futurist, scenarios.
Anyone that's involved in development has discovered that all the good work that's been done in development has been undone by the AIDS emergency.
You ask yourself, 'What do you want your legacy to be?' I'm content at this point to say, 'Those who follow me.' Romeo Crennel, Bill Belichick, Sean Payton, to name a few. I think I've got a pretty good group, so far.
The mistake that makes launching a venture expensive is when you try to make a disruptive technology so good that it can compete on a quality basis with an established product.
It was in the Seventies but I still recall what was a good night for my club. Of course, the stadium has changed now but I have heard that the atmosphere is still the same.
There's this joy that comes from sitting down to solve a problem and standing up when it's done and good. Building a company or managing people is never just done.
It is no good to try to stop knowledge from going forward. Ignorance is never better than knowledge.
I just want to retire before I go senile because if I don't retire before I go senile, then I'll do more damage than good at that point.
I love the ability to work with very good managers, and to provide the right incentives for them, and truly become a partner with that management, and make that management take a long view.
I've always thought that I'm kind of a cross between a young Bill Clinton and Lyle Lovett. And I just want to say I'm proud of that. Those are two good looking guys.
The thought in my mind was that I must be a good merchant. If I were a good merchant, the rest would probably take care of itself.
As a traditionally risk-averse nation, India has rarely been at the forefront of innovation. Indian companies have mostly imitated others and became very good at it.
I don't have an MBA, and I didn't go to Yale. I'm not an academic person and wasn't a good student. Instead, I've been taught by some of the most inspiring people in the world.
I was always good at math and science, and I never realized that that was unusual or somehow undesirable.
I don't care how someone lives or how good their spoken English is. I do all of my interviews on Skype text chat - all that matters is their work.
Positive thinking is the notion that if you think good thoughts, things will work out well. Optimism is the feeling of thinking things will be well and be hopeful.
