Business growth Quote by Eric Schmidt
“It's a mistake to predict the size of markets that are so new. This model has shown no signs of slowing down. So we are going to get as much of it as we possibly can, and when we get close to that we'll figure out other problems.”
About This Quote
Source Interview: Podcast, 2023
Predicting market size for emerging sectors is unreliable; focus on capturing value now and adapt later.
In simple terms: Don't try to forecast new markets precisely; act and adjust.
Key Takeaway
Prioritize execution over prediction.
Themes
innovation
market dynamics
strategy
uncertainty
Mood
pragmatic
forward‑looking
analytical
Type
strategic
business
When to use this quote
- startup funding
- product launches
- investment decisions
- growth planning
Key Concepts
economics
entrepreneurship
risk management
Questions to Reflect On
- What risks arise from moving too fast?
- How can we balance speed with due diligence?
A Different Perspective
Overemphasis on speed can overlook long‑term sustainability.
