Good morning, You don't need to know an industry backwards and forwards to start a successful business. You just need to be willing to fail--a lot. That’s what Naveen Jain, the serial founder of businesses including internet company InfoSpace and gut health startup Viome, explained at the 2021 Inc. 5000 Vision Conference Wednesday. He has started seven companies in industries ranging from healthcare to aerospace and attributes his success in part to the fact that he knew nothing about those fields beforehand. "Once you become an expert at something, you become an incrementalist," he says. "It takes a disruptor, someone from outside the industry looking in." Read the highlights from his conversation, including tips on how to identify a problem and turn it into a billion-dollar business idea. More coverage from the Inc. 5000 Vision Conference: |
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