Wednesday, 28 August 2013

Secrets of successful entrepreneurs - TEDx Talk


Secrets of successful entrepreneurs: Prasad Kaipa at TEDxBayArea Why some succeed while many fail? In this session, I identify what differentiates serial and successful entrepreneurs from others. I had a chance to co-found the TiE Institute for entrepreneurs in silicon valley and interact with large number of entrepreneurs. I also had worked with entrepreneurs and entrepreneur organizations in US, India and Europe and I will share the essence of my learning gained through interviews, coaching, research and personal experience and documented in the upcoming book 'From Smart to Wise.' About our speaker. Prasad is the CEO of the Kaipa Group in California and works with companies and senior executives in the areas of innovation, leadership development and coaching. He is a senior research fellow and a visiting professor at Indian School of Business (ISB) and was the founding Executive Director of the Center for Leadership, Innovation and Change (CLIC) and raised multi-million dollar funding to initiate two research cells--SBI Cell for Public Leadership and Biocon Cell for Innovation Management in CLIC. Core themes for Prasad's research are wisdom leadership, Indian models of innovation and leadership, affordable innovation, transformational leadership and mental models. He was a Smith Richardson Visiting Fellow at Center for Creative Leadership between 2010-2011 and is currently an advisor to Business FAC of Fetzer Institute. Prasad taught executive education programs organized by INSEAD and LBS

Source:http://tedxtalks.ted.com/video/Secrets-of-successful-entrepren

Social Entrepreneurship - TEDx Talk


Mr. Hemanth Kumar heads the micro-finance arm of the organisation 'Hand in Hand'. Their objective is to eliminate poverty by creating jobs. They do this through a unique holistic approach that tackles the areas that matter the most to poor communities -- microfinance, education, health, information, and environment.

Key to Entrepreneurship - TEDx Talk


TEDx Talk by P. Viswanath, who is an alumnus of IIT, Madras and IIM, Ahmedabad. He was a rank-holder at both the places, and at IIM, Ahmedabad he was a recipient of the prestigious Industrial Scholarship (or I-Schol) which is awarded to the top 15 students at the institute. After completing his Post Graduation in Management from IIM Ahmedabad, Viswanath worked for one year in the field of Management Consultancy and for six years in Sales & Marketing. His last assignemnt at Godrej was as the national sales head for computer peripherals, from where, he moved on in 1992 to start Triumphant Institute of Management Education -- better known by its acronym T.I.M.E. Viswanath also has about 20 years of experience in training and guiding students preparing for CAT and many other competitive exams. As a founder-director of T.I.M.E., Viswanath has been at the forefront of the planning and implementation of the expansion of T.I.M.E. across the country. In this video he talks about the key to entrepreneurship and how people can aspire to be successful entrepreneurs.
                Source:  http://www.youtube.com/watch?v=MgQqpFXZTGs

Raising Kids to Be Entrepreneurs - TEDx Talk


Successful business leader passionate about raising kids to be entrepreneurs. For over 20 years, Cameron Herold has been coaching, speaking to, or helping entrepreneurs build companies on five continents. He launched BackPocket COO to coach & mentor young, fun, entrepreneurial, growth companies and help make their dreams happen. He is one of the countrys most innovative business leaders and was a leading force behind one of the most successful businesses of the decade.

Source:http://www.youtube.com/watch?v=dCar_sFfEf4

Enron: The Smartest Guys in the Room


A documentary about the Enron corporation, its faulty and corrupt business practices, and how they led to its fall.  Alex Gibney, who wrote and produced Eugene Jarecki's The Trials of Henry Kissinger, examines the rise and fall of an infamous corporate juggernaut in Enron: The Smartest Guys in the Room, which he wrote and directed. The film, based on the book by Fortune Magazine reporters Bethany McLean and Peter Elkind, opens with a reenactment of the suicide of Enron executive Cliff Baxter, then travels back in time, describing Enron chairman Kenneth Lay's humble beginnings as the son of a preacher, his ascent in the corporate world as an "apostle of deregulation," his fortuitous friendship with the Bush family, and the development of his business strategies in natural gas futures. The film points out that the culture of financial malfeasance at Enron was evident as far back as 1987, when Lay apparently encouraged the outrageous risk taking and profit skimming of two oil traders in Enron's Valhalla office because they were bringing a lot of money into the company. But it wasn't until eventual CEO Jeff Skilling arrived at Enron that the company's "aggressive accounting" philosophy truly took hold. The Smartest Guys in the Room explores the lengths to which the company went in order to appear incredibly profitable. Their win-at-all-costs strategy included suborning financial analysts with huge contracts for their firms, hiding debts by essentially having the company loan money to itself, and using California's deregulation of the electricity market to manipulate the state's energy supply. Gibney's film reveals how Lay, Skilling, and other execs managed to keep their riches, while thousands of lower-level employees saw their loyalty repaid with the loss of their jobs and their retirement funds. The filmmaker posits the Enron scandal not as an anomaly, but as a natural outgrowth of free-market capitalism. ~ Josh Ralske, Rovi
Rating: 97% http://www.rottentomatoes.com/m/enron_the_smartest_guys_in_the_room/

Up in the Air


Jason Reitman's adaptation of the novel Up in the Air tells the story of Ryan Bingham (George Clooney), who makes his living personally handing out pink slips -- he's the top hatchet man at a company that other companies hire when they are downsizing. And since business is booming, his job keeps him on the go constantly. He flies all across the country, staying in a series of nice hotels. And although this itinerant lifestyle prevents him from having any kind of stable, regular life, this doesn't bother him in the slightest -- he's thrilled to be a boy in a traveling bubble. During one particular layover, he strikes up a conversation with Alex Goran (Vera Farmiga), a fellow savvy traveler. They bond over the ins and outs of various airlines and hotels, and quickly fall into bed. By morning, they are figuring out when their schedules will allow them to meet up again, even though they both make it clear that there are no strings attached. When Ryan arrives back in the home office, he meets no-nonsense career-oriented twentysomething Natalie Keener (Anna Kendrick), a fast-rising up-and-comer who wants to change the company's practices and save millions by having the staff fire people remotely via webcams. Furious at the thought of losing a lifestyle he's grown quite comfortable with, he convinces his boss (Jason Bateman) to let him take Natalie on a few trips so that she can learn what it's really like to fire someone. Melanie Lynskey, Danny McBride, and J.K. Simmons co-star in this Best Picture Academy Award nominee. ~ Perry Seibert, Rovi

Rating: 90% http://www.rottentomatoes.com/m/up_in_the_air_2009/
Rating: 7.5/10 http://www.imdb.com/title/tt1193138/

Capitalism: A Love Story


Twenty years after his influential debut, Roger & Me, Michael Moore returns to his roots by pulling back the curtain on capitalism to reveal the insidious role it has played in the destruction of the American dream for many people. Back in 1989, auto workers in Flint, MI, were lamenting layoffs and wondering how they would support their families without jobs to pay the bills, or benefits to ensure their health. Flash forward two decades, when cities all across the country are feeling the same pressures that Flint residents were back when GM left them high and dry. With an average of 14,000 U.S. jobs lost every day and taxpayer money constantly being pumped into failing financial institutions, the question must be asked: how long can this go on before the entire system collapses? Is there really any hope for Americans who are losing their homes to foreclosure and seeing their savings get wiped out at an unprecedented rate? In order to seek out an answer to this question and many more, Moore takes a trip to our nation's capitol, engaging average Americans in conversations about the prospect of repairing America's failing, debt-ridden economy along the way. ~ Jason Buchanan, Rovi

Rating: 75% http://www.rottentomatoes.com/m/capitalism_a_love_story/
Rating: 7.3/10  http://www.imdb.com/title/tt1232207/?ref_=tt_rec_tt

October Sky


NASA engineer Homer H. Hickam, Jr.'s autobiography provided the basis for this drama about a teenager coming of age at the dawn of the space race. In 1957, Homer Hickam (Jake Gyllenhaal) is a high school student in Coalwood, West Virginia when the Soviet Union launches Sputnik, the first man-made satellite. While most of his friends and neighbors react with fear or distrust, Homer is instantly fascinated and begins studying everything he can find on jet and rocket design. While many of Homer's friends are puzzled by his new obsession, several new friends share his enthusiasm, and with the encouragement of his teacher (Laura Dern), Homer and his fellow "Rocket Boys" begin designing and launching their own homemade missiles. However, Homer's father (Chris Cooper) takes a dim view of his son's interest in rockets and is convinced Homer's future should be the same as his own, working in the local coal mines. October Sky mixes the drama of traditional family conflicts with a nostalgic glimpse of life in the mid-50's and a look at the earliest days of our journey into space. ~ Mark Deming, Rovi
Rating: 90% http://www.rottentomatoes.com/m/october_sky/
Rating: 7.7/10 http://www.imdb.com/title/tt0132477/

Up


A feisty septuagenarian teams with a fearless wilderness ranger to do battle with a vicious band of beasts and villains in this computer-animated adventure scripted by Pixar veteran Bob Peterson and co-directed by Peterson and Monsters, Inc. director Peter Docter. Carl Fredricksen is a 78-year-old balloon salesman. His entire life, Carl has longed to wander the wilds of South America. Then, one day, the irascible senior citizen shocks his neighbors by tying thousands of balloons to his home and finally taking flight. But Carl isn't alone on his once-in-a-lifetime journey, because stowed away on his front porch is an excitable eight-year-old wilderness explorer named Russell. Later, as the house touches down on the world's second largest continent, Carl and his unlikely traveling companion step outside to discover that not only is their new front lawn considerably larger, but that the predators therein are much more ferocious than anything they ever faced back home. ~ Jason Buchanan, Rovi

Rating: 98% http://www.rottentomatoes.com/m/up/

Ratings: 8.3/10 http://www.imdb.com/title/tt1049413/

Inside Job

Takes a closer look at what brought about the financial meltdown. Producer/director Charles Ferguson (No End in Sight) speaks at length with journalists, politicians, and financial insiders in order to offer a clearer picture of the economic meltdown that hit America starting in 2008. Academy Award winner Matt Damon narrates this unflinching look at the deep-rooted corruption that has left millions of middle-class Americans jobless and homeless as the major corporations get bailed out while paying millions in bonuses. ~ Jason Buchanan, Rovi

Rating: 98% http://www.rottentomatoes.com/m/inside_job_2010/
Rating: 8.2/10 http://www.imdb.com/title/tt1645089/

A Beautiful Mind


The true story of prominent mathematician John Forbes Nash Jr. is the subject of this biographical drama from director Ron Howard. Russell Crowe stars as the brilliant but arrogant and conceited professor Nash. The Prof. seems guaranteed a rosy future in the early '50s after he marries beautiful student Alicia (Jennifer Connelly) and makes a remarkable advancement in the foundations of "game theory," which carries him to the brink of international acclaim. Soon after, John is visited by Agent William Parcher (Ed Harris), from the CIA, who wants to recruit him for code-breaking activities. But evidence suggests that Nash's perceptions of reality are cloudy at best; he is struggling to maintain his tenuous hold on sanity, and Alicia suspects a diagnosis of paranoid schizophrenia. Battling decades of illness with the loyal Alicia by his side, Nash is ultimately able to gain some control over his mental state, and eventually goes on to triumphantly win the Nobel Prize. Based loosely on the book of the same name by Sylvia Nasar, A Beautiful Mind (2001) co-stars Paul Bettany, Adam Goldberg, Anthony Rapp, Christopher Plummer, and Judd Hirsch. ~ Karl Williams, Rovi

Rating: 8.1/10 http://www.imdb.com/title/tt0268978/

Tuesday, 27 August 2013

I Have a Dream

Martin Luther King's "I Have a Dream" speech, August 28, 1963

I am happy to join with you today in what will go down in history as the greatest demonstration for freedom in the history of our nation.
Five score years ago, a great American, in whose symbolic shadow we stand today, signed the Emancipation Proclamation. This momentous decree came as a great beacon of hope to millions of slaves, who had been seared in the flames of withering injustice. It came as a joyous daybreak to end the long night of their captivity. But one hundred years later, the colored America is still not free. One hundred years later, the life of the colored American is still sadly crippled by the manacle of segregation and the chains of discrimination.
One hundred years later, the colored American lives on a lonely island of poverty in the midst of a vast ocean of material prosperity. One hundred years later, the colored American is still languishing in the corners of American society and finds himself an exile in his own land So we have come here today to dramatize a shameful condition.
In a sense we have come to our Nation's Capital to cash a check. When the architects of our great republic wrote the magnificent words of the Constitution and the Declaration of Independence, they were signing a promissory note to which every American was to fall heir.
This note was a promise that all men, yes, black men as well as white men, would be guaranteed to the inalienable rights of life liberty and the pursuit of happiness.
It is obvious today that America has defaulted on this promissory note insofar as her citizens of color are concerned. Instead of honoring this sacred obligation, America has given its colored people a bad check, a check that has come back marked "insufficient funds."
But we refuse to believe that the bank of justice is bankrupt. We refuse to believe that there are insufficient funds in the great vaults of opportunity of this nation. So we have come to cash this check, a check that will give us upon demand the riches of freedom and security of justice.
We have also come to his hallowed spot to remind America of the fierce urgency of Now. This is not time to engage in the luxury of cooling off or to take the tranquilizing drug of gradualism.
Now is the time to make real the promise of democracy.
Now it the time to rise from the dark and desolate valley of segregation to the sunlit path of racial justice. Now it the time to lift our nation from the quicksands of racial injustice to the solid rock of brotherhood.
Now is the time to make justice a reality to all of God's children.
It would be fatal for the nation to overlook the urgency of the moment and to underestimate the determination of its colored citizens. This sweltering summer of the colored people's legitimate discontent will not pass until there is an invigorating autumn of freedom and equality. Nineteen sixty-three is not an end but a beginning. Those who hope that the colored Americans needed to blow off steam and will now be content will have a rude awakening if the nation returns to business as usual.
There will be neither rest nor tranquility in America until the colored citizen is granted his citizenship rights. The whirlwinds of revolt will continue to shake the foundations of our nation until the bright day of justice emerges.
We can never be satisfied as long as our bodies, heavy with the fatigue of travel, cannot gain lodging in the motels of the highways and the hotels of the cities.
We cannot be satisfied as long as the colored person's basic mobility is from a smaller ghetto to a larger one.
We can never be satisfied as long as our children are stripped of their selfhood and robbed of their dignity by signs stating "for white only."
We cannot be satisfied as long as a colored person in Mississippi cannot vote and a colored person in New York believes he has nothing for which to vote.
No, we are not satisfied and we will not be satisfied until justice rolls down like waters and righteousness like a mighty stream.
I am not unmindful that some of you have come here out of your trials and tribulations. Some of you have come from areas where your quest for freedom left you battered by storms of persecutions and staggered by the winds of police brutality.
You have been the veterans of creative suffering. Continue to work with the faith that unearned suffering is redemptive.
Go back to Mississippi, go back to Alabama, go back to South Carolina go back to Georgia, go back to Louisiana, go back to the slums and ghettos of our modern cities, knowing that somehow this situation can and will be changed.
Let us not wallow in the valley of despair. I say to you, my friends, we have the difficulties of today and tomorrow.
I still have a dream. It is a dream deeply rooted in the American dream.
I have a dream that one day this nation will rise up and live out the true meaning of its creed. We hold these truths to be self-evident that all men are created equal.
I have a dream that one day out in the red hills of Georgia the sons of former slaves and the sons of former slaveowners will be able to sit down together at the table of brotherhood.
I have a dream that one day even the state of Mississippi, a state sweltering with the heat of oppression, will be transformed into an oasis of freedom and justice.
I have a dream that my four little children will one day live in a nation where they will not be judged by the color of their skin but by their character.
I have a dream today.
I have a dream that one day down in Alabama, with its vicious racists, with its governor having his lips dripping with the words of interpostion and nullification; that one day right down in Alabama little black boys and black girls will be able to join hands with little white boys and white girls as sisters and brothers.
I have a dream today.
I have a dream that one day every valley shall be engulfed, every hill shall be exalted and every mountain shall be made low, the rough places will be made plains and the crooked places will be made straight and the glory of the Lord shall be revealed and all flesh shall see it together.
This is our hope. This is the faith that I will go back to the South with. With this faith we will be able to hew out of the mountain of despair a stone of hope.
With this faith we will be able to transform the jangling discords of our nation into a beautiful symphony of brotherhood.
With this faith we will be able to work together, to pray together, to struggle together, to go to jail together, to climb up for freedom together, knowing that we will be free one day.
This will be the day when all of God's children will be able to sing with new meaning "My country 'tis of thee, sweet land of liberty, of thee I sing. Land where my father's died, land of the Pilgrim's pride, from every mountainside, let freedom ring!"
And if America is to be a great nation, this must become true. So let freedom ring from the hilltops of New Hampshire. Let freedom ring from the mighty mountains of New York.
Let freedom ring from the heightening Alleghenies of Pennsylvania.
Let freedom ring from the snow-capped Rockies of Colorado.
Let freedom ring from the curvaceous slopes of California.
But not only that, let freedom ring from Stone Mountain of Georgia.
Let freedom ring from every hill and molehill of Mississippi and every mountainside.
When we let freedom ring, when we let it ring from every tenement and every hamlet, from every state and every city, we will be able to speed up that day when all of God's children, black men and white men, Jews and Gentiles, Protestants and Catholics, will be able to join hands and sing in the words of the old spiritual, "Free at last, free at last. Thank God Almighty, we are free at last."

Stay Hungry Stay Foolish

This is a prepared text of the Commencement address delivered by Steve Jobs, CEO of Apple Computer and of Pixar Animation Studios, on June 12, 2005.

I am honored to be with you today at your commencement from one of the finest universities in the world. I never graduated from college. Truth be told, this is the closest I've ever gotten to a college graduation. Today I want to tell you three stories from my life. That's it. No big deal. Just three stories.

The first story is about connecting the dots.

I dropped out of Reed College after the first 6 months, but then stayed around as a drop-in for another 18 months or so before I really quit. So why did I drop out?

It started before I was born. My biological mother was a young, unwed college graduate student, and she decided to put me up for adoption. She felt very strongly that I should be adopted by college graduates, so everything was all set for me to be adopted at birth by a lawyer and his wife. Except that when I popped out they decided at the last minute that they really wanted a girl. So my parents, who were on a waiting list, got a call in the middle of the night asking: "We have an unexpected baby boy; do you want him?" They said: "Of course." My biological mother later found out that my mother had never graduated from college and that my father had never graduated from high school. She refused to sign the final adoption papers. She only relented a few months later when my parents promised that I would someday go to college.

And 17 years later I did go to college. But I naively chose a college that was almost as expensive as Stanford, and all of my working-class parents' savings were being spent on my college tuition. After six months, I couldn't see the value in it. I had no idea what I wanted to do with my life and no idea how college was going to help me figure it out. And here I was spending all of the money my parents had saved their entire life. So I decided to drop out and trust that it would all work out OK. It was pretty scary at the time, but looking back it was one of the best decisions I ever made. The minute I dropped out I could stop taking the required classes that didn't interest me, and begin dropping in on the ones that looked interesting.

It wasn't all romantic. I didn't have a dorm room, so I slept on the floor in friends' rooms, I returned coke bottles for the 5¢ deposits to buy food with, and I would walk the 7 miles across town every Sunday night to get one good meal a week at the Hare Krishna temple. I loved it. And much of what I stumbled into by following my curiosity and intuition turned out to be priceless later on. Let me give you one example:

Reed College at that time offered perhaps the best calligraphy instruction in the country. Throughout the campus every poster, every label on every drawer, was beautifully hand calligraphed. Because I had dropped out and didn't have to take the normal classes, I decided to take a calligraphy class to learn how to do this. I learned about serif and san serif typefaces, about varying the amount of space between different letter combinations, about what makes great typography great. It was beautiful, historical, artistically subtle in a way that science can't capture, and I found it fascinating.

None of this had even a hope of any practical application in my life. But ten years later, when we were designing the first Macintosh computer, it all came back to me. And we designed it all into the Mac. It was the first computer with beautiful typography. If I had never dropped in on that single course in college, the Mac would have never had multiple typefaces or proportionally spaced fonts. And since Windows just copied the Mac, it's likely that no personal computer would have them. If I had never dropped out, I would have never dropped in on this calligraphy class, and personal computers might not have the wonderful typography that they do. Of course it was impossible to connect the dots looking forward when I was in college. But it was very, very clear looking backwards ten years later.

Again, you can't connect the dots looking forward; you can only connect them looking backwards. So you have to trust that the dots will somehow connect in your future. You have to trust in something — your gut, destiny, life, karma, whatever. This approach has never let me down, and it has made all the difference in my life.


My second story is about love and loss.

I was lucky — I found what I loved to do early in life. Woz and I started Apple in my parents garage when I was 20. We worked hard, and in 10 years Apple had grown from just the two of us in a garage into a $2 billion company with over 4000 employees. We had just released our finest creation — the Macintosh — a year earlier, and I had just turned 30. And then I got fired. How can you get fired from a company you started? Well, as Apple grew we hired someone who I thought was very talented to run the company with me, and for the first year or so things went well. But then our visions of the future began to diverge and eventually we had a falling out. When we did, our Board of Directors sided with him. So at 30 I was out. And very publicly out. What had been the focus of my entire adult life was gone, and it was devastating.

I really didn't know what to do for a few months. I felt that I had let the previous generation of entrepreneurs down - that I had dropped the baton as it was being passed to me. I met with David Packard and Bob Noyce and tried to apologize for screwing up so badly. I was a very public failure, and I even thought about running away from the valley. But something slowly began to dawn on me — I still loved what I did. The turn of events at Apple had not changed that one bit. I had been rejected, but I was still in love. And so I decided to start over.

I didn't see it then, but it turned out that getting fired from Apple was the best thing that could have ever happened to me. The heaviness of being successful was replaced by the lightness of being a beginner again, less sure about everything. It freed me to enter one of the most creative periods of my life.

During the next five years, I started a company named NeXT, another company named Pixar, and fell in love with an amazing woman who would become my wife. Pixar went on to create the worlds first computer animated feature film, Toy Story, and is now the most successful animation studio in the world. In a remarkable turn of events, Apple bought NeXT, I returned to Apple, and the technology we developed at NeXT is at the heart of Apple's current renaissance. And Laurene and I have a wonderful family together.

I'm pretty sure none of this would have happened if I hadn't been fired from Apple. It was awful tasting medicine, but I guess the patient needed it. Sometimes life hits you in the head with a brick. Don't lose faith. I'm convinced that the only thing that kept me going was that I loved what I did. You've got to find what you love. And that is as true for your work as it is for your lovers. Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do. If you haven't found it yet, keep looking. Don't settle. As with all matters of the heart, you'll know when you find it. And, like any great relationship, it just gets better and better as the years roll on. So keep looking until you find it. Don't settle.

My third story is about death.

When I was 17, I read a quote that went something like: "If you live each day as if it was your last, someday you'll most certainly be right." It made an impression on me, and since then, for the past 33 years, I have looked in the mirror every morning and asked myself: "If today were the last day of my life, would I want to do what I am about to do today?" And whenever the answer has been "No" for too many days in a row, I know I need to change something.

Remembering that I'll be dead soon is the most important tool I've ever encountered to help me make the big choices in life. Because almost everything — all external expectations, all pride, all fear of embarrassment or failure - these things just fall away in the face of death, leaving only what is truly important. Remembering that you are going to die is the best way I know to avoid the trap of thinking you have something to lose. You are already naked. There is no reason not to follow your heart.

About a year ago I was diagnosed with cancer. I had a scan at 7:30 in the morning, and it clearly showed a tumor on my pancreas. I didn't even know what a pancreas was. The doctors told me this was almost certainly a type of cancer that is incurable, and that I should expect to live no longer than three to six months. My doctor advised me to go home and get my affairs in order, which is doctor's code for prepare to die. It means to try to tell your kids everything you thought you'd have the next 10 years to tell them in just a few months. It means to make sure everything is buttoned up so that it will be as easy as possible for your family. It means to say your goodbyes.

I lived with that diagnosis all day. Later that evening I had a biopsy, where they stuck an endoscope down my throat, through my stomach and into my intestines, put a needle into my pancreas and got a few cells from the tumor. I was sedated, but my wife, who was there, told me that when they viewed the cells under a microscope the doctors started crying because it turned out to be a very rare form of pancreatic cancer that is curable with surgery. I had the surgery and I'm fine now.

This was the closest I've been to facing death, and I hope it's the closest I get for a few more decades. Having lived through it, I can now say this to you with a bit more certainty than when death was a useful but purely intellectual concept:

No one wants to die. Even people who want to go to heaven don't want to die to get there. And yet death is the destination we all share. No one has ever escaped it. And that is as it should be, because Death is very likely the single best invention of Life. It is Life's change agent. It clears out the old to make way for the new. Right now the new is you, but someday not too long from now, you will gradually become the old and be cleared away. Sorry to be so dramatic, but it is quite true.

Your time is limited, so don't waste it living someone else's life. Don't be trapped by dogma — which is living with the results of other people's thinking. Don't let the noise of others' opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition. They somehow already know what you truly want to become. Everything else is secondary.

When I was young, there was an amazing publication called The Whole Earth Catalog, which was one of the bibles of my generation. It was created by a fellow named Stewart Brand not far from here in Menlo Park, and he brought it to life with his poetic touch. This was in the late 1960's, before personal computers and desktop publishing, so it was all made with typewriters, scissors, and polaroid cameras. It was sort of like Google in paperback form, 35 years before Google came along: it was idealistic, and overflowing with neat tools and great notions.

Stewart and his team put out several issues of The Whole Earth Catalog, and then when it had run its course, they put out a final issue. It was the mid-1970s, and I was your age. On the back cover of their final issue was a photograph of an early morning country road, the kind you might find yourself hitchhiking on if you were so adventurous. Beneath it were the words: "Stay Hungry. Stay Foolish." It was their farewell message as they signed off. Stay Hungry. Stay Foolish. And I have always wished that for myself. And now, as you graduate to begin anew, I wish that for you.

Stay Hungry. Stay Foolish.

Thank you all very much.

Steve Jobs' 2005 Stanford Commencement Address

Source: http://news.stanford.edu/news/2005/june15/jobs-061505.html