Horowitz on Technology and Innovation
A common theme in business and management philosophy: if one does not innovate, they will become extinct.
“The technology business is fundamentally the innovation business. Etymologically, the word technology means ‘a better way of doing things.’ As a result, innovation is the core competency for technology companies. Technology companies are born because they create a better way of doing things. Eventually, someone else will come up with a better way. Therefore, if a technology company ceases to innovate, it will die.”
Founding Partner, Andreessen Horowitz
Never be satisfied with the status quo, not in times of success, nor in times of failure. Striving for endless innovation and allowing for the inevitable failures along the way – not a bad way to navigate your career.