“The power of crowd sourcing always remains with the crowd, not the technological implementation.”
Jay Samit“Design is how you make your first impression with your consumers. Make sure it is a lasting one.”
Jay Samit“Whether by design or circumstance, every startup will eventually get disrupted.”
Jay Samit“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“In order to protect against being disrupted, startups also need to recruit employees that are committed to life-long learning. The skills that made your team members valuable may not be the skills needed to take your company to the next level or to compete in emerging markets.”
Jay Samit“I never understood why women wanted equality in the workplace when in fact, that would be selling them short.”
Jay Samit“The strength of brand loyalty begins with how your product makes people feel.”
Jay Samit“Creating something that builds lasting value and changes the lives of millions of people requires forging a team that will work hard to overcome seemingly insurmountable obstacles, stand up to the pressures of fame and fortune, and stay true to the original vision long after others stop believing.”
Jay Samit“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“Every product you have ever loved was a compromise from the ideal vision of its creators to the realities of shipping on time, on budget, and on price point. Anyone who has ever manufactured a physical product that had to be on the shelves for Christmas shopping knows how painful these choices can be.”
Jay Samit“The greatest challenge to most innovation centers around the world is many nations' punitive attitudes towards failure. In most of the world, if your first business fails, no one will work with you again. But, trial and error is the genesis of innovation.”
Jay Samit