No matter how well things are going, failure and disaster are just around the corner. So celebrate the good, but be ready for the bad.

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

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.

Most business schools are geared toward churning out investment bankers and management consultants.

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

The mentor-mentee relationship is ideally like that of the guru and disciple: motivated by the desire of the guru to impart knowledge to the disciple.

Corporate executives and business owners need to realize that there can be no compromise when it comes to ethics and that there are no easy shortcuts to success. Their companies need ethics carefully sewn into their fabric.