Innovative Business Models Quotes

The companies that are successful, they start out to make meaning, not to make money.

Over the past 10 years, the majority of value creation in the venture community has been in consumer Internet.

When you think about Uber and Airbnb and the other companies that are turning things upside down, Uber isn't big 'cause they ran a lot of ads. They're big because someone took out their iPhone and said to their friend, watch this, and pressed a button and a car pulled up.

The strategic stimulus to economic development in Schumpeter's analysis is innovation, defined as the commercial or industrial application of something new---a new product, process or method of production, a new market or source of supply, a new form of commercial, business or financial organization.

I'm building my adult beverage empire the way I built my independent rap label. As my career.

There has been a seismic shift in the business world. The great classical business principles still hold true but they need to be fused with cutting edge internet technology.

I used to be opposed to the idea of social entrepreneurship. I said, you know, let business be business, and philanthropy be philanthropy. Keep the two separate, don't mix it up, and this is what I did, and I did that rather successfully, but I now recognize that actually you do need to mix it up and I think there is room for social entrepreneurship.

Internet-centric companies have already begun changing the rules with binge-watching, flexible running times, fewer commercials, and crowd-sourced content. The brainpower - and just plain power - of the most valued tech firms will change things even more.

I think in terms of businesses, in terms of things that are really big and marry technology with entertainment. That's where I like to spend my time.

I believe a great company, whether improving a sector or creating a new one, needs to have an excellent product or service at its core; needs strong management to execute the plan and a good brand to give it the edge over its competitors. Providing quality service, combined with value for money and in an innovative way ensures you offer real value - and finally to be responsible to society and the planet.

The goal of every startup experiment is to discover how to build a sustainable business around that vision.

RelayRides and WhipCar, AirBnB, Roomorama and One Fine Stay are all stellar examples of how new, access-based offers entice and provoke insurance companies and banks to re-think risk, value, customers and deal terms.

Being both entrepreneurial and social is no longer an oxymoron, but rather a tautology.