DNROOC -- Do Not Run Out Of Cash...advised GOOGLE Executive Chairman Eric Schmidt suggested to the Start Up Entrepreneurs. Speaking at Nasscom event on the launch of an initiative on catalysing start-ups in India "Entrepreneurs are born, they cannot be created. You cannot be trained, it has to come from within," Schmidt said. For a successful business leader, he said one needs to see the future before anyone else does it he emphasized. On Google's success, he said, "We focus on hiring the smartest people and I would advise you to look for the smartest people around and convince them to join your company."
"I would want my computer to tell me what I have to do, who I have to meet, what I said and what wrong did I say. More artificial intelligence is going to drive innovation." For a mobile app to become successful, he said that a better way is to develop a platform which other people can use to innovate.
Mobile is the next big thing and no company can ignore smartphones and technologies that drive mobile applications, he said. "In the near term, the next big thing is mobile. As it was last year and the year before that," Schmidt told them. Emphasising on the growth in smartphone usage and mobile computing, he said businesses should have their best developers working on their mobile applications. "As smartphones are growing, mobile apps are also going to be a big thing and no company can ignore that," he said.
Schmidt, who has previously worked with Novell and Sun Microsystems, said that Android will be a major player in the mobile phone market.
"Android is going to be the majority player in the market. It supports a lot of devices and is a great platform," he added.
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