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" My first business was a retro-gaming site where you'd go and play all these cool old-school games. It was a good idea but ahead of its time. "
Nick Woodman
Cool
Good
Play
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" I lost $4 million of other people's money between the ages of 24 and 26. "
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" When I got out of college, I gave myself till I was 30 to invent a product. If I couldn't do it by then, I would just get a real job. And that fear - the fear of a real job - motivated me to be an entrepreneur. "
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" Things that burn very brightly, we wonder how long they can keep burning. "
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" I was inspired by how Red Bull isn't about the drink; it isn't about the product or the can. Red Bull is a platform to celebrate all that humans are capable of accomplishing. They built a lifestyle movement, a brand that sold this product. "
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" The magic of GoPro is that we are enabling the world to communicate in this new way, to express themselves in a new way, and it's snowballing. "
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" I'll let myself obsess over things. "
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" You must, as an entrepreneur - if that's your position - be doing things that really move the needle. "
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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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You
Long
" 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. "
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Beach
Father
Grow
" Your passions are a bit like your fingerprints: Everybody has them; everybody's are different. One's passions may just be a guidebook to one's life. "
Nick Woodman
Life
Different
Just
" I want to want to go to work in the morning. "
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Want
Morning
Go
" I think our slow, humble beginnings in surf shops, ski shops, bike shops, and motorcycle shops have been extremely important for our success. GoPro is all about celebrating an active lifestyle and sharing that with other people. It's authentic. It's not a brand that we went out and bought a bunch of ads for to create. "
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People
Success
Think
" On the road and traveling - that's when people are at their most creative. "
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Most
Traveling
Road
" I learned that most people buy based on emotion, not on a rational breakdown of the product or service. "
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Service
Product
People
" I feel like I've done a pretty good job of scaling because I got some great mentors along the way that helped me realize I just have to build a phenomenal team around me that makes my job a lot easier. "
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Team
Feel
Good
" Disney produces fabulous movies around certain characters, and then they commercialize that engagement through toys, books, cruises. "
Nick Woodman
Fabulous
Through
Movies
" It's very difficult to get any footage of yourself doing what you love unless you have a friend who's a photographer or videographer and wants to document you. That was really the idea and the goal from the beginning: to help people get a good photo, and then it was to help people get a good video. "
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Good
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People
" I wore a GoPro camera on my head for all three of my boys. "
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Head
Three
Wore
" 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. "
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Red
Bull
Choose
" The worst way to fire somebody is to let it drag out. It's not good for that person because they're not succeeding in their role. And it's not good for the organization because it's just not working. "
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Organization
Person
Way
" People don't go buy GoPro for the thing; they buy it for what the thing does. "
Nick Woodman
Thing
People
Buy
" What makes 4K so interesting is it captures lifelike cinema-quality video. "
Nick Woodman
Captures
Video
Makes
" I think that that's something that's pretty interesting about a GoPro - it's the one camera that we know of that you can combine with like cameras to form new cameras. So it's a bit of a modular system. "
Nick Woodman
Think
Camera
Interesting
" A smartphone is a mobile computer in your pocket. "
Nick Woodman
Computer
Mobile
Pocket
" 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
" To get GoPro started, I moved back in with my parents and went to work seven days a week, 20 hours a day. I wrote off my personal life to make headway on it. "
Nick Woodman
Parents
Back
Week
" Surfing is such an incredible experience with a huge ego element. "
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Ego
Experience
Incredible
" Losing other people's money was terrible. "
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Money
Terrible
Losing
" Dedicating myself to actually following through was my single biggest achievement. "
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Myself
Single
Achievement
" At a certain point, the services that you build around the hardware become more important than the hardware itself. "
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Build
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