As a young boy growing up in rural India, most of what I knew of the world was what I could see around me. But each night, I would look at the Moon - it was impossibly far away, yet it held a special attraction because it allowed me to dream beyond my village and country, and think about the rest of the world and space.

Teaching children about entrepreneurship is much like imparting any other skill or piece of knowledge. You will provide them with ways to experience how entrepreneurship works, and you guide them toward the subjects or areas they seem to show an interest in.

We are now living in a fast paced technological era where every skill that we teach our children becomes obsolete in the 10 to 15 years due to exponentially growing technological advances.

Why is it that our young kids all across America can solve the most complex problems in a video game involving executive decision making and analytical thinking, yet we accept the fact that they can't add or read?

In the business world today, failure is apparently not an option. We need to change this attitude toward failure - and celebrate the idea that only by falling on our collective business faces do we learn enough to succeed down the road.

Trust your gut instinct over spreadsheets. There are too many variables in the real world that you simply can't put into a spreadsheet. Spreadsheets spit out results from your inexact assumptions and give you a false sense of security. In most cases, your heart and gut are still your best guide.

Being a father has been, without a doubt, my greatest source of achievement, pride and inspiration. Fatherhood has taught me about unconditional love, reinforced the importance of giving back and taught me how to be a better person.