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" I lost $4 million of other people's money between the ages of 24 and 26. "
Nick Woodman
Lost
Million
People
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" Everyone has an idea over time of what the business should be, and during the formative period, too many opinions could be disruptive. "
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" One of my mentors early on was Eli Harari, the founder of SanDisk, who happened to be a friend of my dad's. "
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" Things that burn very brightly, we wonder how long they can keep burning. "
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" In France, a hip replacement was captured using two GoPros in a stereoscopic 3D arrangement. Students can watch the surgery using a virtual reality headset. "
Nick Woodman
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" As long as you can bootstrap, not at the sacrifice of competitive advantage, bootstrapping is a really powerful thing because it allows you to be totally devoted to your vision. "
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Sacrifice
You
Long
" The smartphone killed the traditional camera industry because it subsumed all the functions of a traditional camera. "
Nick Woodman
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" A smartphone is great for when one person is documenting another thing or another person doing something. "
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" When I have a difficult decision to make, I imagine myself as a 90-year-old guy looking back on his life. I imagine what I'll think about myself at that point in time, and it always makes it really easy to go for it. You're only going to regret that you wimped out. "
Nick Woodman
Think
Time
Decision
" Keeping people fired up starts with having a really clear vision for what the company is aiming to do. "
Nick Woodman
Company
Clear
People
" I'll let myself obsess over things. "
Nick Woodman
Myself
Things
Obsess
" I feel like I went through the Great Depression. All these companies are being successful around you, you're on that track, and then the market collapses, and you're out of a job. You're trying to save your investors' investment, and it doesn't work, and you sell the company for nothing. It was brutal. "
Nick Woodman
Job
Feel
Depression
" Losing other people's money was terrible. "
Nick Woodman
Money
Terrible
Losing
" Smartphones are always in your pocket. They're about reactive capture. "
Nick Woodman
Your
Always
Capture
" Before GoPro, if you wanted to have any footage of yourself doing anything, whether it's video or photo, you not only needed a camera, you needed another human being. And if you wanted the footage to be good, you needed that other human being to have skill with the camera. "
Nick Woodman
Yourself
You
Only
" Disney produces fabulous movies around certain characters, and then they commercialize that engagement through toys, books, cruises. "
Nick Woodman
Fabulous
Through
Movies
" A really important thing when you come up with a concept is that you solve a pervasive problem for people, and you don't try to create a new way to do something that isn't necessarily broken. "
Nick Woodman
Problem
Important
People
" GoPro is ideal for pro-active capture, meaning, 'Hey, we're going to do something fun, and we're going to capture a video of it.' "
Nick Woodman
Fun
Capture
Meaning
" As long as we continue to execute, everything will work out for everybody at GoPro. "
Nick Woodman
Everything
Out
Will
" Now I'm the father of three young boys, I find myself using GoPro to film them more than anything - trips to the amusement park, the beach, the pool - just chasing them around as they grow. "
Nick Woodman
Beach
Father
Grow
" I realized that a surf trip on a jet can be like a road trip. If you see a road you want to turn down, you can just go there. "
Nick Woodman
You
Down
Road
" I feel like in a world where we all try to figure out our place and our purpose here, your passions are one of your most obvious guides. "
Nick Woodman
Place
Purpose
Try
" It sounds cheesy, but if you are having fun, people will love your company, you will be more successful, and more ideas will come your way. "
Nick Woodman
Love
Fun
Having Fun
" If I walk up to a can of Red Bull, I'm thinking about Formula One; I'm thinking about incredible athletic performances. And it helps me choose that can over something else to either side of it. "
Nick Woodman
Red
Bull
Choose
" I learned that most people buy based on emotion, not on a rational breakdown of the product or service. "
Nick Woodman
Service
Product
People
" A smartphone is a mobile computer in your pocket. "
Nick Woodman
Computer
Mobile
Pocket
" No surfer wants to be the photographer, especially when the waves are good. "
Nick Woodman
Good
Wants
Waves
" I grew up with stories of people who start their own businesses and do really well. So I thought, 'OK, that's what you do.' I can thank my dad for that. "
Nick Woodman
Own
I Can
You
" You don't have to raise millions of dollars to be successful, you just have to work on something you are passionate about. "
Nick Woodman
Work
Just
You
" In the early years, I would say GoPro's products were not that impressive. "
Nick Woodman
Say
Products
Years
" I have a GoPro in the trunk of my streetcar. "
Nick Woodman
Streetcar
Trunk