Almost always great new ideas don't emerge from within a single person or function, but at the intersection of functions or people that have never met before.

People still cling to this belief that innovation is just random and unpredictable. But if you look closely, there are some real patterns. The companies that recognize and take advantage of those patterns have the real opportunity to create competitive advantage.

Each of our children during their high school years went to 'early morning seminary' - scripture study classes that met in the home of a church member every school day morning from 6:30 until 7:15.

The only useful information about the market will be what I create through expeditions into the market, through testing and probing, trial and error, by selling real products to real people who pay real money.

I've concluded that the metric by which God will assess my life isn't dollars but the individual people whose lives I've touched.

But actually theory is very practical. Gravity is a theory, for example. It allows you to predict that if you step off a cliff you will fall; you don't have to collect data on that.

If you defer investing your time and energy until you see that you need to, chances are it will already be too late.