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

Almost every profession I look at where you require human labor or you require intelligence, I see computers being able to do better than us within the next 10 years. I'm talking about a mass replacement of humans with artificial intelligence and robots.

The truth is that entrepreneurship is more like a roller coaster ride than a cruise.

The natives of Silicon Valley learned long ago that when you share your knowledge with someone else, one plus one usually equals three. You both learn each other's ideas, and you come up with new ones.

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

Outsourcing was the bogeyman of the 90s. Protectionists portrayed it as an evil that would take American jobs away. Yes, some jobs did go offshore as people feared, but it made the global economic pie grow bigger.

The goal should be to build a sustainable lifestyle business that does good for employees and customers - and that steadily builds wealth.