In 2007, Stanford Business School Advisory committee asserted that self awareness was the most important attribute a leader should develop. The challenge for the modern entrepreneur is to take that path.

The most important thing is not to let fundraising get you down. Startups live or die on morale. If you let the difficulty of raising money destroy your morale, it will become a self-fulfilling prophecy.

God is the source of my supply. His riches flow to me freely, copiously, and abundantly. All my financial and other needs are met at every moment of time and point of space; there is always a divine surplus.

The companies that refused to make hard choices, or refused to admit that anything much was happening, fared badly. If they survive, it is only because their respective governments will not let them go under.

As every slumdweller knew, there were three main ways out of poverty: finding an entrepreneurial niche, as the Husains had found in garbage; politics and corruption, in which Asha placed her hopes; and education.

If your position or job is on the liability side of the balance sheet, you can be looked at as a risk rather than an asset to your employer. Another reason to be an entrepreneur." - Chris Lutz, Modular Career Design

Creativity and passion dwindle when hungry. Premiums for talent are easier to demand when desperation isn’t part of the equation. If I’m established, I can demand $350 an hour. If I’m desperate, I may accept $5.

My major goal in business was to learn. I had legislated in my mind for failure the worse possible scenario was I would learn a lot regardless of the outcome. This goal was the foundation for success of the business. Peldi, Balsamiq

Attention deficit is no longer the supposed domain of Generation Y’s who were brought up on a diet of social media and new technology. A recent study revealed 65 percent of 55-64 year olds surf, text and watch television simultaneously.

I personally feel that I could not go out and plant the million trees, but I could go out and tell people to tell 10 people each, ‘Okay, all of us are going to go out and plant 10 trees,’ and you, eventually, plant a million trees.

The wisest course of action is to take your best shot with a prototype, immediately get it to market, and iterate quickly. If you wait for ideal circumstances in which you have all the information you need (which is impossible), the market will pass you by.

Think about this for a second. Why is it that we would not invest even a single dollar without diversifying it and managing risk, but do exactly the opposite, putting all of our eggs in one basket, with our regular income in our careers?" - Chris Lutz, Modular Career Design

An entrepreneurial economy is what made America great. People didn’t come to settle the country several hundred years ago for all the good paying jobs. There weren’t any. There was nothing but natural resources and opportunities." - Chris Lutz, Modular Career Design

Some of the world's biggest challenges can be solved by some of the world's most marginalized communities themselves. The moment you inject information, education, and an entrepreneurial spark in a community, it gets empowered enough to inspire, build, and uplift itself.

And it is change that always provides the opportunity for the new and different. Systematic innovation therefore consists in the purposeful and organized search for changes, and in the systematic analysis of the opportunities such changes might offer for economic or social innovation.