Business Quote by Mark W. Johnson
![“He sums up the importance and power of business model innovation this way: “I think historically where we [venture capitalists] fail is when we back technology. Where we succeed is when we back new business models.” Originally” quote by Mark W. Johnson](https://sms4smile.com/quotes/img-quotes/0e4/mark-w-johnson-51702_business_he-sums-up-the-importance-and-power-of-b_708686.jpg)
““He sums up the importance and power of business model innovation this way: “I think historically where we [venture capitalists] fail is when we back technology. Where we succeed is when we back new business models.” Originally””
![“... all too often, a successful new business model becomes the business model for companies not creative enough to invent their own. [2002] p.46” quote by Gary Hamel](https://sms4smile.com/quotes/img-quotes/638/gary-hamel-3793_business_all-too-often-a-successful-new-business_1092712.jpg)
![“[S]ometimes, when you are a food person, the possible irrelevance of what you are doing doesn’t cross your mind until it’s too late. (Once, for example, when I was just starting out in the food business, I was hired by the caper people to develop a lot of recipes using capers, and it was weeks of…” quote by Nora Ephron](https://sms4smile.com/quotes/img-quotes/d79/nora-ephron-1217_business_s-ometimes-when-you-are-a-food-person-th_980.jpg)
![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)