Doing things Quote by Richard Thaler
“There's a reason why start-ups, especially disruptive start-ups - like Google or Amazon or Uber - are full of young people. That's because young people are not as wedded to the old fashioned ways of doing things.”
About This Quote
Source Speech: Business Conference, 2015
Young entrepreneurs are more likely to challenge established norms because they lack deep attachment to traditional methods.
In simple terms: Young people question old ways more often.
Key Takeaway
Encourage fresh perspectives in teams.
Themes
innovation
entrepreneurship
generational change
Mood
optimistic
energetic
Type
motivational
strategic
When to use this quote
- startup hiring
- product design
- market entry strategies
Key Concepts
disruption
cognitive flexibility
risk tolerance
Questions to Reflect On
- How can firms balance youthful innovation with seasoned wisdom?
- What structures support learning from failures?
A Different Perspective
May lack experience leading to costly mistakes.
