--- title: "Meaning & Key Takeaway of: New industries are created by…" description: "\"New industries are created by entrepreneurs who don't necessarily have subject matter expertise when they get started, yet they are still responsible f..." image: "https://sms4smile.com/quotes/i/cc8/vinod-khosla-5401_business_new-industries-are-created-by-entreprene_142336.png" --- # New industries are created by entrepreneurs who don't… ![“New industries are created by entrepreneurs who don't necessarily have subject matter expertise when they get started, yet they are still responsible for most of the innovation we see in society.” quote by Vinod Khosla](https://sms4smile.com/quotes/i/cc8/vinod-khosla-5401_business_new-industries-are-created-by-entreprene_142336.png) [Download](https://sms4smile.com/quotes/i/cc8/vinod-khosla-5401_business_new-industries-are-created-by-entreprene_142336.png) [Open image](https://sms4smile.com/quotes/i/cc8/vinod-khosla-5401_business_new-industries-are-created-by-entreprene_142336.png) > “New industries are created by entrepreneurs who don't necessarily have subject matter expertise when they get started, yet they are still responsible for most of the innovation we see in society.” [Vinod Khosla](https://sms4smile.com/quotes/author/vinod-khosla/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Entrepreneurs without deep expertise still drive major innovations, highlighting vision and risk‑taking over technical knowledge. **In simple terms:** Innovation often comes from outsiders with bold ideas. Key Takeaway Encourage diverse founders. Themes innovation entrepreneurship risk Mood optimistic cautious Type business inspirational When to use this quote - startup incubators - venture capital - industry pivots Key Concepts disruption leadership Questions to Reflect On - When is expertise essential for success? - How can founders compensate for knowledge gaps? A Different Perspective Lack of expertise can cause costly missteps. ★ ★ ★ ★ ★ No ratings yet [Business](https://sms4smile.com/quotes/about/business/) [Customer](https://sms4smile.com/quotes/about/customer/) [Entrepreneurs](https://sms4smile.com/quotes/about/entrepreneurs/) [Innovation](https://sms4smile.com/quotes/about/innovation/) [Society](https://sms4smile.com/quotes/about/society/) ## Related quotes > [One of the biggest reasons entrepreneurs don't succeed is because they have too many chiefs. You've got to bring in the right people to…](https://sms4smile.com/quotes/peter-jones/one-of-the-biggest-reasons-entrepreneurs-don-t-succeed-is-because/) [Peter Jones](https://sms4smile.com/quotes/author/peter-jones/) > [For myself, I never thought that I'd ever be able to even buy a house. Sometimes when you don't have it, and you're not…](https://sms4smile.com/quotes/angela-yee/for-myself-i-never-thought-that-i-d-ever-be-able-to-even-buy-a-house/) [Angela Yee](https://sms4smile.com/quotes/author/angela-yee/) > [I don't invest anymore in entrepreneurs who don't have charisma.](https://sms4smile.com/quotes/barbara-corcoran/i-don-t-invest-anymore-in-entrepreneurs-who-don-t-have-charisma/) [Barbara Corcoran](https://sms4smile.com/quotes/author/barbara-corcoran/) > [Entrepreneurs don't have a regular 9-5 work day. They don't take vacations. They live and breathe their business 24/7 and wear many different hats.](https://sms4smile.com/quotes/christine-tsai/entrepreneurs-don-t-have-a-regular-9-5-work-day-they-don-t-take/) [Christine Tsai](https://sms4smile.com/quotes/author/christine-tsai/) > [Successful entrepreneurs don't wait for the perfect moment - they create it](https://sms4smile.com/quotes/richard-branson/successful-entrepreneurs-don-t-wait-for-the-perfect-moment-they/) [Richard Branson](https://sms4smile.com/quotes/author/richard-branson/) > [Entrepreneurs don't write a 100-page business plan and execute it one time; they're always experimenting and adapting based on what they learn.](https://sms4smile.com/quotes/thomas-friedman/entrepreneurs-don-t-write-a-100-page-business-plan-and-execute-it-one/) [Thomas Friedman](https://sms4smile.com/quotes/author/thomas-friedman/) > [Entrepreneurs don't finish when we are tired. We finish when we are done.](https://sms4smile.com/quotes/robert-kiyosaki/entrepreneurs-don-t-finish-when-we-are-tired-we-finish-when-we-are/) [Robert Kiyosaki](https://sms4smile.com/quotes/author/robert-kiyosaki/) > [It's almost a cliche that great Silicon Valley entrepreneurs don't go sit on a beach when they make a lot of money; they get…](https://sms4smile.com/quotes/sarah-lacy/it-s-almost-a-cliche-that-great-silicon-valley-entrepreneurs-don-t-go/) [Sarah Lacy](https://sms4smile.com/quotes/author/sarah-lacy/) > [All people are entrepreneurs, but many don't have the opportunity to find that out.](https://sms4smile.com/quotes/muhammad-yunus/all-people-are-entrepreneurs-but-many-don-t-have-the-opportunity-to/) [Muhammad Yunus](https://sms4smile.com/quotes/author/muhammad-yunus/) > [“Entrepreneurs don't fail because they want to, they fail because they don't have the right MINDSET to really succeed in a sustainable manner.”](https://sms4smile.com/quotes/tony-dovale/entrepreneurs-don-t-fail-because-they-want-to-they-fail-because-they/) [Tony Dovale](https://sms4smile.com/quotes/author/tony-dovale/) > [In the world of entrepreneurs, you don't need a college education. You need a proper education.](https://sms4smile.com/quotes/robert-kiyosaki/in-the-world-of-entrepreneurs-you-don-t-need-a-college-education-you/) [Robert Kiyosaki](https://sms4smile.com/quotes/author/robert-kiyosaki/) > [“Entrepreneurs don´t play safe, they play good.”](https://sms4smile.com/quotes/alin-sav/entrepreneurs-don-t-play-safe-they-play-good/) [Alin Sav](https://sms4smile.com/quotes/author/alin-sav/) > [“Entrepreneurs don’t ask for permission. They act per a mission.”](https://sms4smile.com/quotes/ryan-lilly/entrepreneurs-don-t-ask-for-permission-they-act-per-a-mission/) [Ryan Lilly](https://sms4smile.com/quotes/author/ryan-lilly/) > [“CIOs may not be the subject matter expert of all IT domains, but they should understand technology enough to ensure they have a keen…](https://sms4smile.com/quotes/pearl-zhu/cios-may-not-be-the-subject-matter-expert-of-all-it-domains-but-they/) [Pearl Zhu](https://sms4smile.com/quotes/author/pearl-zhu/) > [Some people have subject matter expertise in one thing. Some people tend to be creative but not reliable, and others are reliable but not…](https://sms4smile.com/quotes/ray-dalio/some-people-have-subject-matter-expertise-in-one-thing-some-people/) [Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/) ## More by Vinod Khosla > [My willingness to fail gives me the ability to succeed.](https://sms4smile.com/quotes/vinod-khosla/my-willingness-to-fail-gives-me-the-ability-to-succeed/) [Vinod Khosla](https://sms4smile.com/quotes/author/vinod-khosla/) > [The world is hung up on food-based biofuels. Not only are they the wrong thing, they're the uneconomic thing.](https://sms4smile.com/quotes/vinod-khosla/the-world-is-hung-up-on-food-based-biofuels-not-only-are-they-the/) [Vinod Khosla](https://sms4smile.com/quotes/author/vinod-khosla/) > [I generally disagree with most of the very high margin opportunities. Why? Because it's a business strategy tradeoff: the lower the margin you take,…](https://sms4smile.com/quotes/vinod-khosla/i-generally-disagree-with-most-of-the-very-high-margin-opportunities/) [Vinod Khosla](https://sms4smile.com/quotes/author/vinod-khosla/) > [The probability of failure doesn't matter to me.](https://sms4smile.com/quotes/vinod-khosla/the-probability-of-failure-doesn-t-matter-to-me/) [Vinod Khosla](https://sms4smile.com/quotes/author/vinod-khosla/) > [If I collected all the diamonds in the world, I'd have no 'income' but I'd have a lot of 'assets'. Would my company be…](https://sms4smile.com/quotes/vinod-khosla/if-i-collected-all-the-diamonds-in-the-world-i-d-have-no-income-but-i/) [Vinod Khosla](https://sms4smile.com/quotes/author/vinod-khosla/) > [What an entrepreneur does is to build for the long run. If the market is great, you get all of the resources you can.…](https://sms4smile.com/quotes/vinod-khosla/what-an-entrepreneur-does-is-to-build-for-the-long-run-if-the-market/) [Vinod Khosla](https://sms4smile.com/quotes/author/vinod-khosla/) > [I don’t mind failing, but if I succeed it better be worth succeeding for.](https://sms4smile.com/quotes/vinod-khosla/i-don-t-mind-failing-but-if-i-succeed-it-better-be-worth-succeeding/) [Vinod Khosla](https://sms4smile.com/quotes/author/vinod-khosla/) > [I believe cellulosic fuels, biofuels made from nonfood crops are the only solution that will make a difference.](https://sms4smile.com/quotes/vinod-khosla/i-believe-cellulosic-fuels-biofuels-made-from-nonfood-crops-are-the/) [Vinod Khosla](https://sms4smile.com/quotes/author/vinod-khosla/) > [You have to invent the future you want.](https://sms4smile.com/quotes/vinod-khosla/you-have-to-invent-the-future-you-want/) [Vinod Khosla](https://sms4smile.com/quotes/author/vinod-khosla/) > [Hopefully, I can advise entrepreneurs to avoid mistakes. But you can never be sure if you're trying something new and unreasonable.](https://sms4smile.com/quotes/vinod-khosla/hopefully-i-can-advise-entrepreneurs-to-avoid-mistakes-but-you-can/) [Vinod Khosla](https://sms4smile.com/quotes/author/vinod-khosla/) > [Seeking an acquisition from the start is more than just bad advice for an entrepreneur. For the entrepreneur it leads to short term tactical…](https://sms4smile.com/quotes/vinod-khosla/seeking-an-acquisition-from-the-start-is-more-than-just-bad-advice/) [Vinod Khosla](https://sms4smile.com/quotes/author/vinod-khosla/) > [Letting the perfect be the enemy of the good is one of the reasons we have a coal-dependent infrastructure, with the resulting environmental impact…](https://sms4smile.com/quotes/vinod-khosla/letting-the-perfect-be-the-enemy-of-the-good-is-one-of-the-reasons-we/) [Vinod Khosla](https://sms4smile.com/quotes/author/vinod-khosla/) > [Germany has a lot of solar power. In fact, in 2005, some 55 or 57 percent of worldwide installations were photovoltaics in Germany. That's…](https://sms4smile.com/quotes/vinod-khosla/germany-has-a-lot-of-solar-power-in-fact-in-2005-some-55-or-57/) [Vinod Khosla](https://sms4smile.com/quotes/author/vinod-khosla/) > [The willingness to fail gives us the freedom to succeed.](https://sms4smile.com/quotes/vinod-khosla/the-willingness-to-fail-gives-us-the-freedom-to-succeed/) [Vinod Khosla](https://sms4smile.com/quotes/author/vinod-khosla/) > [Innovative, bottom-up methods will solve problems that now seem intractable—from energy to poverty to disease. Science and technology, powered by the fuel of entrepreneurial…](https://sms4smile.com/quotes/vinod-khosla/innovative-bottom-up-methods-will-solve-problems-that-now-seem/) [Vinod Khosla](https://sms4smile.com/quotes/author/vinod-khosla/) [Explore all 101 Vinod Khosla quotes ](https://sms4smile.com/quotes/author/vinod-khosla/) ## More Business quotes > [Companies with cultures that celebrate diverse opinions and encourage the exchange of ideas have an advantage when solving difficult problems. A company that doesn't…](https://sms4smile.com/quotes/doug-mcmillon/companies-with-cultures-that-celebrate-diverse-opinions-and-encourage/) [Doug McMillon](https://sms4smile.com/quotes/author/doug-mcmillon/) > [You can laugh at me, but I understand show business.](https://sms4smile.com/quotes/ksenia-sobchak/you-can-laugh-at-me-but-i-understand-show-business/) [Ksenia Sobchak](https://sms4smile.com/quotes/author/ksenia-sobchak/) > [“Start a business, not a startup”](https://sms4smile.com/quotes/anonymous/start-a-business-not-a-startup/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [“Take some books and read; that’s an immense help; and books are always good company if you have the right sort.”](https://sms4smile.com/quotes/louisa-may-alcott/take-some-books-and-read-that-s-an-immense-help-and-books-are-always/) [Louisa May Alcott](https://sms4smile.com/quotes/author/louisa-may-alcott/) > [I'm a business first and foremost so whatever my business is, it's separate from my personal. It's like whatever I do business wise, it's…](https://sms4smile.com/quotes/snoop-dogg/i-m-a-business-first-and-foremost-so-whatever-my-business-is-it-s/) [Snoop Dogg](https://sms4smile.com/quotes/author/snoop-dogg/) > [Many early-stage entrepreneurs make one simple mistake: Describing this 'big picture' in vague concepts and words.](https://sms4smile.com/quotes/sunil-nagaraj/many-early-stage-entrepreneurs-make-one-simple-mistake-describing/) [Sunil Nagaraj](https://sms4smile.com/quotes/author/sunil-nagaraj/) > [Nobody has a crystal ball, and part of evolving a business plan is to say, 'I might have said we're going left, but I…](https://sms4smile.com/quotes/ryan-kavanaugh/nobody-has-a-crystal-ball-and-part-of-evolving-a-business-plan-is-to/) [Ryan Kavanaugh](https://sms4smile.com/quotes/author/ryan-kavanaugh/) > [I think a business guy is different from an artist. They walk different paths. Artists create the best outputs when they're having fun. And…](https://sms4smile.com/quotes/g-dragon/i-think-a-business-guy-is-different-from-an-artist-they-walk/) [G-Dragon](https://sms4smile.com/quotes/author/g-dragon/) > [ “\[S\]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,… ](https://sms4smile.com/quotes/nora-ephron/s-ometimes-when-you-are-a-food-person-the-possible-irrelevance-of/) [Nora Ephron](https://sms4smile.com/quotes/author/nora-ephron/) > [If you have a different mindset, you will have a different outcome: if you make different choices from your peers, your life will then…](https://sms4smile.com/quotes/jack-ma/if-you-have-a-different-mindset-you-will-have-a-different-outcome-if/) [Jack Ma](https://sms4smile.com/quotes/author/jack-ma/) > [“Some say the Earth is angry Because he wants no company; I say the Earth is angry Because he lives alone.”](https://sms4smile.com/quotes/n-k-jemisin/some-say-the-earth-is-angry-because-he-wants-no-company-i-say-the/) [N.K. Jemisin](https://sms4smile.com/quotes/author/n-k-jemisin/) > [ If the State does not acquire supremacy over \[vast private\] enterprises, it becomes their puppet, and they become the real State. ](https://sms4smile.com/quotes/bertrand-russell/if-the-state-does-not-acquire-supremacy-over-vast-private-enterprises/) [Bertrand Russell](https://sms4smile.com/quotes/author/bertrand-russell/) > [It's not just that families can't buy a home or start a business without some savings tucked away.](https://sms4smile.com/quotes/jim-cooper/it-s-not-just-that-families-can-t-buy-a-home-or-start-a-business/) [Jim Cooper](https://sms4smile.com/quotes/author/jim-cooper/) > [I'm not into business at all.](https://sms4smile.com/quotes/freddie-mercury/i-m-not-into-business-at-all/) [Freddie Mercury](https://sms4smile.com/quotes/author/freddie-mercury/) > [I've long believed one of the mainsprings of our own liberty has been the widespread ownership of property among our people and the expectation…](https://sms4smile.com/quotes/ronald-reagan/i-ve-long-believed-one-of-the-mainsprings-of-our-own-liberty-has-been/) [Ronald Reagan](https://sms4smile.com/quotes/author/ronald-reagan/) [Browse all 39,016 Business quotes ](https://sms4smile.com/quotes/about/business/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "New industries are created by entrepreneurs who don't necessarily have subject matter expertise when they get started, yet they are still responsible for most of the innovation we see in society.", "creator": { "@type": "Person", "name": "Vinod Khosla" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/vinod-khosla/new-industries-are-created-by-entrepreneurs-who-don-t-necessarily/", "about": { "@type": "Thing", "name": "Business" }, "@id": "https://sms4smile.com/quotes/vinod-khosla/new-industries-are-created-by-entrepreneurs-who-don-t-necessarily/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/cc8/vinod-khosla-5401_business_new-industries-are-created-by-entreprene_142336.png", "contentUrl": "https://sms4smile.com/quotes/i/cc8/vinod-khosla-5401_business_new-industries-are-created-by-entreprene_142336.png", "url": "https://sms4smile.com/quotes/i/cc8/vinod-khosla-5401_business_new-industries-are-created-by-entreprene_142336.png", "width": 1080, "height": 1080, "caption": "“New industries are created by entrepreneurs who don't necessarily have subject matter expertise when they…” — Vinod Khosla", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Vinod Khosla", "item": "https://sms4smile.com/quotes/author/vinod-khosla/" }, { "@type": "ListItem", "position": 4, "name": "New industries are created by entrepreneurs...", "item": "https://sms4smile.com/quotes/vinod-khosla/new-industries-are-created-by-entrepreneurs-who-don-t-necessarily/" } ], "@id": "https://sms4smile.com/quotes/vinod-khosla/new-industries-are-created-by-entrepreneurs-who-don-t-necessarily/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```