Business executives need to start by spelling out and communicating their values. Then they need to lead by example. This means getting rid of the bad apples and declining opportunities that bring instant wealth at the cost of selling one's soul.

A key ingredient in innovation is the ability to challenge authority and break rules.

Doing the right thing doesn't always bring success. But compromising ethics almost always leads to failure.

A key to achieving success is to assemble a strong and stable management team.

Most successful entrepreneurs share their knowledge as a way of giving back. They do not demand compensation. Those who do are usually trying to take advantage of you.

What you want in a mentor is someone who truly cares for you and who will look after your interests and not just their own. When you do come across the right person to mentor you, start by showing them that the time they spend with you is worthwhile.

Innovation is all about people. Innovation thrives when the population is diverse, accepting and willing to cooperate.