80% of all products and services that will be on the…
“80% of all products and services that will be on the market in five years do not exist today. So therefore, always be innovative, always be creative, always think, 'What new products or services could I create, could I represent, could I joint venture?" Sometimes you can find someone else that has a fabulous product or service that you can use your existing business or resources to sell and you can double your income or sales in your business by selling somebody else's product to the same customers that are buying yours.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Most future products don’t exist yet; continual innovation and leveraging others’ ideas drive growth.
In simple terms: Future products are unknown; innovate and partner to grow.
Innovate constantly and seek strategic partnerships.
Themes
Mood
Type
When to use this quote
- startup strategy
- product development
- business expansion
Key Concepts
Questions to Reflect On
- What unmet need could you address today?
- How can you test a new idea with minimal risk?
Innovation can be limited by resources and market resistance.