Business Quote by Peter Diamandis
“The world's biggest problems are the world's biggest business opportunities.”
About This Quote
Source Speech: 2015 Singularity University Summit, Peter Diamandis
Large challenges can be turned into profitable ventures by applying innovative solutions and market demand.
In simple terms: Big problems can become big business.
Key Takeaway
Identify problems, create solutions, profit.
Themes
entrepreneurship
innovation
problem solving
opportunity
growth
Mood
optimistic
driven
ambitious
Type
motivational
business
inspirational
When to use this quote
- startup pitch
- venture capital
- policy making
- NGO funding
- product development
Key Concepts
disruptive technology
market creation
social impact
Questions to Reflect On
- What problem could you solve profitably?
- How do you balance profit with social good?
A Different Perspective
Not all problems have viable business models; ethical concerns may arise.
![“[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)