"When you’re looking for an opportunity, I think it’s important not so much to focus on just disruption for the sake of it, but rather where is an industry either stagnant or in decline, where the product or service has stayed pretty much the same or maybe even gotten worse over time? It’s worth looking at industries which a lot of people think are impossible or think you can’t succeed at - that’s usually where there’s opportunity. If everyone thinks you can succeed in an industry, they’re probably diving in."
Monday, January 26, 2015
Elon Musk on Founding SpaceX
Elon Musk on Founding SpaceX | Big Think
"When you’re looking for an opportunity, I think it’s important not so much to focus on just disruption for the sake of it, but rather where is an industry either stagnant or in decline, where the product or service has stayed pretty much the same or maybe even gotten worse over time? It’s worth looking at industries which a lot of people think are impossible or think you can’t succeed at - that’s usually where there’s opportunity. If everyone thinks you can succeed in an industry, they’re probably diving in."
"When you’re looking for an opportunity, I think it’s important not so much to focus on just disruption for the sake of it, but rather where is an industry either stagnant or in decline, where the product or service has stayed pretty much the same or maybe even gotten worse over time? It’s worth looking at industries which a lot of people think are impossible or think you can’t succeed at - that’s usually where there’s opportunity. If everyone thinks you can succeed in an industry, they’re probably diving in."
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