Mobile is the next big thing, build apps - says Eric Schmidt at Nasscom meeting

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Eric Schmidt's speech at Nasscom meeting is making rounds and there are great lessons to learn from it. From hear say, here are the top one's you should know

1. Get people smarter than you
2. People underestimate opportunity
3. Indian telecoms don't have enough capital
4. 40% Silicon valley startups have indian founders
5. Laws in india need change
6. Mobile is the next big thing
7. Youtube rocks despite bandwidth problems
8. Expose API to let others build on it
9. Phones are addictive
10. Manage cash and Do not run out of cash
11. CEO focuses on recruiting
12. great leaders have long vision and can communicate it
13. entrepreneurs are born

He also says something about not discounting luck. Know of any more learnings? Share it with us here.

 

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"As smartphones are growing, mobile apps are also going to be a big thing and no company can ignore that," Eric Schmidt 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.