The reality is the Lean Startup method is not about cost, it is about speed. Lean startups waste less money, because they use a disciplined approach to testing new products and ideas.

The grim reality is that most start-ups fail. Most new products are not successful. Yet the story of perseverance, creative genius, and hard work persists.

There's nothing wrong with raising venture capital. Many lean startups are ambitious and are able to deploy large amounts of capital. What differentiates them is their disciplined approach to determining when to spend money: after the fundamental elements of the business model have been empirically validated.

The links have to be between universities, R&D institutes, and industry. If these linkages are in place, it will result in products that are useful for society. The government has to leverage the money it spends on R&D to help develop new products useful for industry.

My inspiration for new products comes from moments in my life or what's happening around me.

It's now or never and it's now forever