--- title: "Meaning & Key Takeaway of: The only thing that scares me in the tech…" description: "\"The only thing that scares me in the tech area is that it moves so fast that you have to be ready to invest in 20 things. Because if you just invest in..." image: "https://sms4smile.com/quotes/i/6c7/daymond-john-7879_cleaners_the-only-thing-that-scares-me-in-the-tec_74557.png" --- # The only thing that scares me in the tech area is that it… ![“The only thing that scares me in the tech area is that it moves so fast that you have to be ready to invest in 20 things. Because if you just invest in one, next week, somebody has a better mousetrap, and you get taken to the cleaners.” quote by Daymond John](https://sms4smile.com/quotes/i/6c7/daymond-john-7879_cleaners_the-only-thing-that-scares-me-in-the-tec_74557.png) [Download](https://sms4smile.com/quotes/i/6c7/daymond-john-7879_cleaners_the-only-thing-that-scares-me-in-the-tec_74557.png) [Open image](https://sms4smile.com/quotes/i/6c7/daymond-john-7879_cleaners_the-only-thing-that-scares-me-in-the-tec_74557.png) > “The only thing that scares me in the tech area is that it moves so fast that you have to be ready to invest in 20 things. Because if you just invest in one, next week, somebody has a better mousetrap, and you get taken to the cleaners.” [Daymond John](https://sms4smile.com/quotes/author/daymond-john/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Rapid tech evolution forces diversification; focusing on a single solution risks obsolescence and loss. **In simple terms:** Tech change is swift; diversify to survive. Key Takeaway Diversify investments to avoid being outpaced. Themes Change Risk Diversification Innovation Obsolescence Mood Cautious Strategic Alert Type Observation Advice When to use this quote - Startup funding decisions - Portfolio management - Product development planning Key Concepts Technology Investment Strategy Practical Applications - Venture capital allocation - Strategic business planning Questions to Reflect On - How can you balance focus and diversification? - What signals indicate a technology is becoming obsolete? ★ ★ ★ ★ ★ No ratings yet [Technology](https://sms4smile.com/quotes/about/technology/) [Week](https://sms4smile.com/quotes/about/week/) ## Related quotes > [“On average, millionaires invest 20 percent of their household income each year.”](https://sms4smile.com/quotes/ramit-sethi/on-average-millionaires-invest-20-percent-of-their-household-income/) [Ramit Sethi](https://sms4smile.com/quotes/author/ramit-sethi/) > [Besides buying a mansion or something, everything I wanted I always got. I'm just ready to invest it and save it. Otherwise, life can…](https://sms4smile.com/quotes/french-montana/besides-buying-a-mansion-or-something-everything-i-wanted-i-always/) [French Montana](https://sms4smile.com/quotes/author/french-montana/) > [I cant say I'm not impressed with you but I'm not ready to invest.](https://sms4smile.com/quotes/teyana-taylor/i-cant-say-i-m-not-impressed-with-you-but-i-m-not-ready-to-invest/) [Teyana Taylor](https://sms4smile.com/quotes/author/teyana-taylor/) > [“Your greatness is directly proportional to how much time you are ready to invest into fulfilling your purpose.”](https://sms4smile.com/quotes/sunday-adelaja/your-greatness-is-directly-proportional-to-how-much-time-you-are/) [Sunday Adelaja](https://sms4smile.com/quotes/author/sunday-adelaja/) > [I'm very, very bullish about our prospects, and as I tell our board, as I tell our employees, this is the time to invest.…](https://sms4smile.com/quotes/steve-ballmer/i-m-very-very-bullish-about-our-prospects-and-as-i-tell-our-board-as/) [Steve Ballmer](https://sms4smile.com/quotes/author/steve-ballmer/) > [People were asking me all kinds of questions about the business, and I was initially put off. I was like, 'Just invest if you…](https://sms4smile.com/quotes/steve-ells/people-were-asking-me-all-kinds-of-questions-about-the-business-and-i/) [Steve Ells](https://sms4smile.com/quotes/author/steve-ells/) > [Just invest in apps. Just download apps and then pay yourself the dividend.](https://sms4smile.com/quotes/carrie-brownstein/just-invest-in-apps-just-download-apps-and-then-pay-yourself-the/) [Carrie Brownstein](https://sms4smile.com/quotes/author/carrie-brownstein/) > [We never invest in a male; we never invest in a female. We just invest in the right entrepreneur.](https://sms4smile.com/quotes/kirsten-green/we-never-invest-in-a-male-we-never-invest-in-a-female-we-just-invest/) [Kirsten Green](https://sms4smile.com/quotes/author/kirsten-green/) > [We must all move shoulder to shoulder in a unified front to show this administration that the true majority of people are willing to…](https://sms4smile.com/quotes/leonardo-dicaprio/we-must-all-move-shoulder-to-shoulder-in-a-unified-front-to-show-this/) [Leonardo DiCaprio](https://sms4smile.com/quotes/author/leonardo-dicaprio/) > [ Any small business owner wears many hats. We \[New View Window Cleaning\] are the salesman, bookkeeper, scheduler, cleaner, customer complaint department, etc. If you… ](https://sms4smile.com/quotes/tony-evans/any-small-business-owner-wears-many-hats-we-new-view-window-cleaning/) [Tony Evans](https://sms4smile.com/quotes/author/tony-evans/) > [I am Woman, here me roar...of is that my vacuum cleaner?](https://sms4smile.com/quotes/liz-carpenter/i-am-woman-here-me-roar-of-is-that-my-vacuum-cleaner/) [Liz Carpenter](https://sms4smile.com/quotes/author/liz-carpenter/) > [ \[Americans\] can't understand that the water in our toilet is cleaner than 880 million have access to. ](https://sms4smile.com/quotes/matt-damon/americans-can-t-understand-that-the-water-in-our-toilet-is-cleaner/) [Matt Damon](https://sms4smile.com/quotes/author/matt-damon/) > [It's a topsy-turvy world in which a country can import the same amount of ice-cream, toilet paper and other goods to trading partners as…](https://sms4smile.com/quotes/andrew-simms/it-s-a-topsy-turvy-world-in-which-a-country-can-import-the-same/) [Andrew Simms](https://sms4smile.com/quotes/author/andrew-simms/) > [It's a floor cleaner and a dessert topping.](https://sms4smile.com/quotes/jane-curtin/it-s-a-floor-cleaner-and-a-dessert-topping/) [Jane Curtin](https://sms4smile.com/quotes/author/jane-curtin/) > [If lawyers are disbarred and clergymen defrocked, doesn't it follow that electricians can be delighted, musicians denoted, cowboys deranged, models deposed, tree surgeons debarked,…](https://sms4smile.com/quotes/steven-wright/if-lawyers-are-disbarred-and-clergymen-defrocked-doesn-t-it-follow/) [Steven Wright](https://sms4smile.com/quotes/author/steven-wright/) ## More by Daymond John > [When you have a large amount of the workforce being laid off, some of them have no other choice but to go out there…](https://sms4smile.com/quotes/daymond-john/when-you-have-a-large-amount-of-the-workforce-being-laid-off-some-of/) [Daymond John](https://sms4smile.com/quotes/author/daymond-john/) > [Mentors don't have to be the Daymond Johns or the Mark Cubans. A person running a successful bodega or a tax firm in your…](https://sms4smile.com/quotes/daymond-john/mentors-don-t-have-to-be-the-daymond-johns-or-the-mark-cubans-a/) [Daymond John](https://sms4smile.com/quotes/author/daymond-john/) > [One of my business partners would remind me that no fashion line lasts forever, that we would hit the down curve eventually, and that…](https://sms4smile.com/quotes/daymond-john/one-of-my-business-partners-would-remind-me-that-no-fashion-line/) [Daymond John](https://sms4smile.com/quotes/author/daymond-john/) > [Learn as many mistakes and what not to do while your business or product is small. Don’t be in such a hurry to grow…](https://sms4smile.com/quotes/daymond-john/learn-as-many-mistakes-and-what-not-to-do-while-your-business-or/) [Daymond John](https://sms4smile.com/quotes/author/daymond-john/) > [If I invest in a CEO, I need him or her to have experience in sales.](https://sms4smile.com/quotes/daymond-john/if-i-invest-in-a-ceo-i-need-him-or-her-to-have-experience-in-sales/) [Daymond John](https://sms4smile.com/quotes/author/daymond-john/) > [I'm the kind of person that when I saw a lack of African Americans in the apparel business, that was something I set out…](https://sms4smile.com/quotes/daymond-john/i-m-the-kind-of-person-that-when-i-saw-a-lack-of-african-americans-in/) [Daymond John](https://sms4smile.com/quotes/author/daymond-john/) > [Most brands started from a strong base and kept a strong belief.](https://sms4smile.com/quotes/daymond-john/most-brands-started-from-a-strong-base-and-kept-a-strong-belief/) [Daymond John](https://sms4smile.com/quotes/author/daymond-john/) > [Everyone has an idea, but it’s taking those first steps toward turning that idea into a reality that are always the toughest.](https://sms4smile.com/quotes/daymond-john/everyone-has-an-idea-but-it-s-taking-those-first-steps-toward-turning/) [Daymond John](https://sms4smile.com/quotes/author/daymond-john/) > [I don't care if you're my brother - if we go play football, I'm gonna try to crack your head open. It doesn't mean…](https://sms4smile.com/quotes/daymond-john/i-don-t-care-if-you-re-my-brother-if-we-go-play-football-i-m-gonna/) [Daymond John](https://sms4smile.com/quotes/author/daymond-john/) > [I look to work with businesses that know what they are doing but need larger distribution or exposure.](https://sms4smile.com/quotes/daymond-john/i-look-to-work-with-businesses-that-know-what-they-are-doing-but-need/) [Daymond John](https://sms4smile.com/quotes/author/daymond-john/) > [Strategic partners are way more important than money.](https://sms4smile.com/quotes/daymond-john/strategic-partners-are-way-more-important-than-money/) [Daymond John](https://sms4smile.com/quotes/author/daymond-john/) > [I don't want to leave my kids an inheritance, I want to leave them a legacy](https://sms4smile.com/quotes/daymond-john/i-don-t-want-to-leave-my-kids-an-inheritance-i-want-to-leave-them-a/) [Daymond John](https://sms4smile.com/quotes/author/daymond-john/) > [A lot of times, I can put a product together with a distributor when I go into my Rolodex for distributors. I can then…](https://sms4smile.com/quotes/daymond-john/a-lot-of-times-i-can-put-a-product-together-with-a-distributor-when-i/) [Daymond John](https://sms4smile.com/quotes/author/daymond-john/) > [When I first got into business, I made a lot of bad decisions.](https://sms4smile.com/quotes/daymond-john/when-i-first-got-into-business-i-made-a-lot-of-bad-decisions/) [Daymond John](https://sms4smile.com/quotes/author/daymond-john/) > [My parents always taught me that my day job would never make me rich; it'd be my homework.](https://sms4smile.com/quotes/daymond-john/my-parents-always-taught-me-that-my-day-job-would-never-make-me-rich/) [Daymond John](https://sms4smile.com/quotes/author/daymond-john/) [Explore all 86 Daymond John quotes ](https://sms4smile.com/quotes/author/daymond-john/) ## More Cleaners quotes > [If lawyers are disbarred and clergymen defrocked, doesn't it follow that electricians can be delighted, musicians denoted, cowboys deranged, models deposed, tree surgeons debarked,…](https://sms4smile.com/quotes/steven-wright/if-lawyers-are-disbarred-and-clergymen-defrocked-doesn-t-it-follow/) [Steven Wright](https://sms4smile.com/quotes/author/steven-wright/) > [It's a floor cleaner and a dessert topping.](https://sms4smile.com/quotes/jane-curtin/it-s-a-floor-cleaner-and-a-dessert-topping/) [Jane Curtin](https://sms4smile.com/quotes/author/jane-curtin/) > [It's a topsy-turvy world in which a country can import the same amount of ice-cream, toilet paper and other goods to trading partners as…](https://sms4smile.com/quotes/andrew-simms/it-s-a-topsy-turvy-world-in-which-a-country-can-import-the-same/) [Andrew Simms](https://sms4smile.com/quotes/author/andrew-simms/) > [ \[Americans\] can't understand that the water in our toilet is cleaner than 880 million have access to. ](https://sms4smile.com/quotes/matt-damon/americans-can-t-understand-that-the-water-in-our-toilet-is-cleaner/) [Matt Damon](https://sms4smile.com/quotes/author/matt-damon/) > [I am Woman, here me roar...of is that my vacuum cleaner?](https://sms4smile.com/quotes/liz-carpenter/i-am-woman-here-me-roar-of-is-that-my-vacuum-cleaner/) [Liz Carpenter](https://sms4smile.com/quotes/author/liz-carpenter/) > [ Any small business owner wears many hats. We \[New View Window Cleaning\] are the salesman, bookkeeper, scheduler, cleaner, customer complaint department, etc. If you… ](https://sms4smile.com/quotes/tony-evans/any-small-business-owner-wears-many-hats-we-new-view-window-cleaning/) [Tony Evans](https://sms4smile.com/quotes/author/tony-evans/) > [We must all move shoulder to shoulder in a unified front to show this administration that the true majority of people are willing to…](https://sms4smile.com/quotes/leonardo-dicaprio/we-must-all-move-shoulder-to-shoulder-in-a-unified-front-to-show-this/) [Leonardo DiCaprio](https://sms4smile.com/quotes/author/leonardo-dicaprio/) > [I get to be the mayor of the capital city of the most polluting state of the most polluting country on the planet. ...…](https://sms4smile.com/quotes/will-wynn/i-get-to-be-the-mayor-of-the-capital-city-of-the-most-polluting-state/) Will Wynn > [I am an obsessive garage cleaner - my wife and the neighbors make fun of me. I remember that my father was the same…](https://sms4smile.com/quotes/chris-o-donnell/i-am-an-obsessive-garage-cleaner-my-wife-and-the-neighbors-make-fun/) [Chris O'Donnell](https://sms4smile.com/quotes/author/chris-o-donnell/) > [The easy glamour of the French Riviera in the late 1960s - inspired by Romy Schneider's character in La Piscine - mixed with garden…](https://sms4smile.com/quotes/tory-burch/the-easy-glamour-of-the-french-riviera-in-the-late-1960s-inspired-by/) [Tory Burch](https://sms4smile.com/quotes/author/tory-burch/) > [Marriage is like a vacuum cleaner. You stick it to your ear and it sucks out all your energy and ambition.](https://sms4smile.com/quotes/marlo-thomas/marriage-is-like-a-vacuum-cleaner-you-stick-it-to-your-ear-and-it/) [Marlo Thomas](https://sms4smile.com/quotes/author/marlo-thomas/) > [In 1966, while working on a feature about a Picasso exhibition at the Tel Aviv Museum of Art, I recorded the pre-opening preparations and…](https://sms4smile.com/quotes/micha-bar-am/in-1966-while-working-on-a-feature-about-a-picasso-exhibition-at-the/) Micha Bar-Am > [I've a neater, sweeter maiden in a cleaner, greener land!](https://sms4smile.com/quotes/rudyard-kipling/i-ve-a-neater-sweeter-maiden-in-a-cleaner-greener-land/) [Rudyard Kipling](https://sms4smile.com/quotes/author/rudyard-kipling/) > [We don't need women. There are plenty other things in the world to have sex with, just go to a sexaholics meeting and take…](https://sms4smile.com/quotes/chuck-palahniuk/we-don-t-need-women-there-are-plenty-other-things-in-the-world-to/) [Chuck Palahniuk](https://sms4smile.com/quotes/author/chuck-palahniuk/) > [When it seems impossible that a deep connection with another person could just go away instead of changing form. It seems impossible that you…](https://sms4smile.com/quotes/sloane-crosley/when-it-seems-impossible-that-a-deep-connection-with-another-person/) [Sloane Crosley](https://sms4smile.com/quotes/author/sloane-crosley/) Browse all 251 Cleaners quotes ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "The only thing that scares me in the tech area is that it moves so fast that you have to be ready to invest in 20 things. 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