Early versions of Microsoft Word left a lot to be desired. However, to the company's credit, it quickly learned where Word fell short, made the necessary changes, and repeatedly introduced new versions of the software.

As a father, I believe that involving children in sports at a young age is generally, a wise proposition. I believe that healthy competition is... well... healthy; that sporting events foster a spirit of teamwork that far surpasses the events themselves; and that active participation keeps children moving and is good for their self-esteem.

I grew up poor in India, and there were days when we struggled to find food and other basic necessities. Our mother worked odds and ends jobs to keep the family together and educate us.

Just think of the opportunities we can unlock by making education as addictive as a video game. This type of experiential, addictive learning improves decision-making skills and increases the processing speed and spatial skills of the brain. When was the last time your child asked for help with a video game?

Just as physical exercise is a well-known and well-accepted means to improve health for anyone, regardless of age or background, so can the brain be put 'into shape' for optimal learning.

Stay focused on the mission.

How important is failure - yes, failure - to the health of a thriving, innovative business? So important that Ratan Tata, chairman of India's largest corporation, gives an annual award to the employee who comes up with the best idea that failed.