Stay Hungry Stay Foolish Pdf

 
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Search the history of over 377 billion web pages on the Internet. PDF As part of my daily 'exercises' of inspiration, today I decided to reread the Steve Jobs speech at the University of Stanford, which I hope everyone could read at least once in their lifetime.

Stay Hungry Stay Foolishby
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“The very act of becoming an entrepreneur is contrarian to middle class values, study hard, get a good job, be happy with secure income and steady salary.”
“Logic and reason are the naphthalene balls we use to pack them away into a sandook called 'Someday'. But when that day comes we are too old, too poor, too tired or too lazy.”
tags: business, entrepreneur, entrepreneurs, entrepreneurship, logic, wisdom, wisdom-quotes
“Of all the questions we leave unanswered the one that comes back to haunt us the most is :'What if…' What if I'd married my college sweetheart? What if I had the good sense not to? What if I had been born in this job market? What if.. What if I'd planned a little less? What if I'd lived a little more? What if I'd chucked it all and started my own company? 'What ifs' are never idle fantasy. These are our hopes, dreams and desires”
tags: confusion, dream, dreaming, fantasy, iim, question-everything, questions, questions-and-answers, questions-in-life
“If you love your work, and it gives your life meaning, then you will have fun through the difficult times. You will find it in your heart to keep going. You will never lose hope.”
“Hitesh actually came to Sanjeev for advice. He had got an offer from another start up. Sanjeev talked to him for about 2-3 hours about life in a dotcom, what to look at, what the offer is like. At the end he said, “Yeh sab theek hai. But why don’t you join us instead? You will be happier here because we will give you less money and salary but we will give you more stock.”
“Ideas can come from anywhere. You could be sitting in a tub and have a eureka moment. Or in a bus or at your dining table.”
“Post VC funding, of course, Info Edge was able to hire more people, as there was money in the bank. And after the dotcom meltdown, when people were leaving dotcoms, naukri was one of the few which kept its eggs in the internet basket. It kept the faith, kept recruiting.”
“These entrepreneurs did not plan to take this path but when opportunity knocked they seized it. Their stories go to show that you don’t have to be ‘born with it’, you can develop an entrepreneurial bent of mind at any age.”
“So if this salesman can recover T 25,000 a month, he is contributing. Then,”
“Every branch kept breaking even in six months, and before they knew it, Info Edge was a 300-person sales organisation with 10-12 offices all over India. There”
Steve jobs quotes
“Today, Info Edge has 1,650 people of which 1,200 are in sales.”
“And if you chase something long enough, sooner or later you will get lucky. If you are really lucky then you will do it in 5 years, if you are moderately lucky then you will do it in 10 years, if you are terribly unlucky you will do it in 15 years.”
“There was already an executive search operation. The company added Jeevansathi (a matrimony site), 99acres and allcheckdeals.com (property sites), naukrigulf (on local job trends in the Middle East), Brijj.com which is a social networking site and most recently, asknaukri, and an education portal, shiksha.com.”
“by 2005 to do an IPO. In November 2006, Info Edge became the first pure Indian dotcom to conduct a successful IPO. At the time it had revenues of T 84 crore and profits of T 13 crore. A year after its IPO, Info Edge is still growing at a crazy pace. In the year 2007-08, revenues stood at T 239 crore with post-tax profits of T 55 crore. The company’s current market capitalisation is $630 million (over T 2,500 crore).*”
“2002, the annual turnover was a mere T 3 crore with losses of T 1.1 crore.”
“When I am talking to entrepreneurs, I always say base your business on deep customer insights, the way naukri was formed.”
“the environment changes, as technology changes, you might be able to ‘join the dots’. To connect different pieces of the puzzle and bring your concept to life.”
“All the stuff they teach you in terms of case studies at IIM Ahmedabad, all that is really relevant. But while on campus you appreciate none of it because you haven’t gone through the grind. Not understanding what running a business means, you later relearn all those lessons the hard way.”
“When it comes to investors, and even when it comes to your own people, loyalty is important but competence matters more.”
“How long does one hang in there? 5 years, 8 years, 10 years… At what point would the entrepreneur throw in the towel? Decide to give up? “Never,” says Sanjeev. “I could have quit any time in the first 10 years, and I would have been a failed entrepreneur. Why did I keep going? Because I wasn’t chasing money. And if you chase something long enough, sooner or later you will get lucky. If you are really lucky then you will do it in 5 years, if you are moderately lucky then you will do it in 10 years, if you are terribly unlucky you will do it in 15 years.”
“Be early. You can make your mistakes while it is cheap to make them, when there is no competition.”
“Do not exaggerate in your business plan. Undercommit and overdeliver. Get great people – sell them the vision, the idea and share the wealth, be generous with offering stock. If you are starting a business to make money, don’t do it. Chances are that you will fail, because there WILL be hard times. And if your motivation is not something beyond money, those hard times will test you. You will quit and go back to your job. But if you are doing something other than money, you will rough it through the hard times. I spotted the opportunity but I didn’t know how big it was, how big it was going to be. I just said this is a smart idea, I love it! And it happened to be the right idea, at the right place, at the right time… If you are in enough places, enough times and long enough, you get your breaks in some form or the other. You just have to be”
“You have to be hard-headed. When it comes to investors, and even when it comes to your own people, loyalty is important but competence matters more.”
“And do keep in mind that every choice you make impacts the family. If you live in a particular part of town, it will obviously impact the kind of school your kids go to. Frankly, these were the choices, the implications of which I did not consider. Thankfully, things have turned out well; the children also, the family also. ROCK WITH IT, ROLL WITH”
“THE OPPORTUNISTS These entrepreneurs did not plan to take this path but when opportunity knocked they seized it. Their stories go to show that you don’t have to be ‘born with it’, you can develop an entrepreneurial bent of mind at any age.”

Steve Jobs Speech

“Entrepreneurship is about dozens of small leaps of faith like this. Taken every day. Often, you have to take a contrarian stand. You can’t say why but this feels right. And you have to have it your way.”
“For Sanjeev, and most other entrepreneurs in the scale-up phase, the key personal transformation area was learning to delegate.”
“For Sanjeev, and most other entrepreneurs in the scale-up phase, the key personal transformation area was learning to delegate. It wasn’t easy. “I had to learn to understand that it is not my company alone, anymore.”

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