Mindset Persistence | Solve Problems Not Symptoms - Naveen Jain with Tom Bilyeu (IQ 61) @MindsetPersistence | Uploaded October 2019 | Updated October 2024, 15 hours ago.
Tom's guest is Naveen Jain, a business executive, entrepreneur and the founder and former CEO of InfoSpace, Moon Express, and founder and CEO of VIOME.
This is episode #61 of Inside Quest, first released on June 8, 2016.
Shownotes and quotes:
✔ XPRIZE was founded by Peter Diamandis to reward innovation through incentivized competition.
👀 Check out Peter's episode of Inside Quest here - youtu.be/MVjIpkOVQ1Y
✔ 3:30 - "Every major problem is a great opportunity for an entrepreneur to create an amazing business at the same time he solves it."
✔ 5:00 - There are currently 6 active Xprize Challenges ranging from innovations in deep-sea exploration to adult literacy.
✔ 7:50 - Ankur Jain also founded HUMIN, a tech company specializing in location-based networking used in mobile dating apps like Tinder.
✔ 8:15 - "Success is not how much money you have in the bank. It is always about how many lives you be able to impact positively." It's what you create, not what you own!
✔ 11:00 - Who are our heroes in our society? The actors, the football players. That's wrong. Our heroes should be the scientist and entrepreneurs. They are the ones that are going to change society.
✔ 11:40 - "To me entrepreneur is about solving a problem. All of us are great about talking about a problem. "
✔ 12:50 - The innovation is separate from the entrepreneur. At the end of the day, if you're not doing anything about it becomes only a dream. "
✔ Elon Musk is the CEO of Tesla, CEO and Lead Designer of SpaceX, and the Chairman of SolarCity.
✔ 17:00 - "Education is obsolete."
✔ 18:50 - "Take away people's fear of failure." "You only fail when you give up."
✔ 19:50 - "Being happy or unhappy is your own choice."
✔ 22:45 - SpaceX plans to send their Dragon 2 Spacecraft to Mars as early as 2018, making history as the first private company to land a craft on another planet.
✔ 24:00 - Helium-3 is a light, non-radioactive isotope of Helium that's very rare on earth but abundant on the moon. It's an efficient fuel needed for use in nuclear fusion research.
✔ 25:00 - "The minute you think something is impossible, it becomes impossible for you, no for someone else."
✔ 30:20 - Blocking and tackling. Almost every problem can be sliced in smaller pieces and then we can execute on them. "Execution is the key to success."
✔ 32:10 - "Making money is the bi-product. Don't focus on making money."
✔ 34:00 - "Some people confuse the movement with moving forward. They're busy doing things, they're always moving but moving in circles, not forward."
🤦♀️ Just because you're moving doesn't mean you're moving towards your goal.
🎯 Know were the destination is. And move in that direction. It's really simple!
✔ 35:30 - It doesn't matter if the glass is half full or half empty. The question we should be asking is: Is this glass worth filling?
✔ 36:50 - Tom's last question: "What's your definition of a life well-lived?"
##############
About Tom Bilyeu 👌
Tom's new project is Impact Theory:
Web site: impacttheory.com
YouTube Channel: youtube.com/channel/UCnYMOamNKLGVlJgRUbamveA
Tom's guest is Naveen Jain, a business executive, entrepreneur and the founder and former CEO of InfoSpace, Moon Express, and founder and CEO of VIOME.
This is episode #61 of Inside Quest, first released on June 8, 2016.
Shownotes and quotes:
✔ XPRIZE was founded by Peter Diamandis to reward innovation through incentivized competition.
👀 Check out Peter's episode of Inside Quest here - youtu.be/MVjIpkOVQ1Y
✔ 3:30 - "Every major problem is a great opportunity for an entrepreneur to create an amazing business at the same time he solves it."
✔ 5:00 - There are currently 6 active Xprize Challenges ranging from innovations in deep-sea exploration to adult literacy.
✔ 7:50 - Ankur Jain also founded HUMIN, a tech company specializing in location-based networking used in mobile dating apps like Tinder.
✔ 8:15 - "Success is not how much money you have in the bank. It is always about how many lives you be able to impact positively." It's what you create, not what you own!
✔ 11:00 - Who are our heroes in our society? The actors, the football players. That's wrong. Our heroes should be the scientist and entrepreneurs. They are the ones that are going to change society.
✔ 11:40 - "To me entrepreneur is about solving a problem. All of us are great about talking about a problem. "
✔ 12:50 - The innovation is separate from the entrepreneur. At the end of the day, if you're not doing anything about it becomes only a dream. "
✔ Elon Musk is the CEO of Tesla, CEO and Lead Designer of SpaceX, and the Chairman of SolarCity.
✔ 17:00 - "Education is obsolete."
✔ 18:50 - "Take away people's fear of failure." "You only fail when you give up."
✔ 19:50 - "Being happy or unhappy is your own choice."
✔ 22:45 - SpaceX plans to send their Dragon 2 Spacecraft to Mars as early as 2018, making history as the first private company to land a craft on another planet.
✔ 24:00 - Helium-3 is a light, non-radioactive isotope of Helium that's very rare on earth but abundant on the moon. It's an efficient fuel needed for use in nuclear fusion research.
✔ 25:00 - "The minute you think something is impossible, it becomes impossible for you, no for someone else."
✔ 30:20 - Blocking and tackling. Almost every problem can be sliced in smaller pieces and then we can execute on them. "Execution is the key to success."
✔ 32:10 - "Making money is the bi-product. Don't focus on making money."
✔ 34:00 - "Some people confuse the movement with moving forward. They're busy doing things, they're always moving but moving in circles, not forward."
🤦♀️ Just because you're moving doesn't mean you're moving towards your goal.
🎯 Know were the destination is. And move in that direction. It's really simple!
✔ 35:30 - It doesn't matter if the glass is half full or half empty. The question we should be asking is: Is this glass worth filling?
✔ 36:50 - Tom's last question: "What's your definition of a life well-lived?"
##############
About Tom Bilyeu 👌
Tom's new project is Impact Theory:
Web site: impacttheory.com
YouTube Channel: youtube.com/channel/UCnYMOamNKLGVlJgRUbamveA
