 Before 1980, it was basically illegal for U.S. banks to invent new products. |
| The current institutionally provided retirement plans will not cover people's needs upon retirement. |
| Subsequent to the original Quicken, the whole idea that we, as a consumer products company, could actually make business products, that was a whole revolution in our thinking. |
| The changing nature of money is only one facet of the financial services revolution. |
| We're still in the first minutes of the first day of the Internet revolution. |
| A whole generation of Americans will retire in poverty instead of prosperity, because they simply are not preparing for retirement now. |
| Mutual funds were created to make investing easy, so consumers wouldn't have to be burdened with picking individual stocks. |
| Today more people believe in UFOs than believe that Social Security will take care of their retirement. |
| Even some of the greatest technology-led revolutions, or allegedly technology-led, really were only made possible because of trends already present. |
| QuickBooks - the very fact that we could even dream to make something in the business arena, and that it would then succeed - was a total revolution to me. |
| Be dramatically willing to focus on the customer at all costs, even at the cost of obsoleting your own stuff. |
| Fifty years ago wealth was stored and transmitted physically through gold bars, stock certificates, bank notes, and coins. |
| Well, today people have to be self-reliant if they want a secure retirement income. |
| Technology is similarly just a catalyst at times for fundamental forces already present. |
| Thirty to 40 years ago, most financial decisions were fairly simple. |
| People don't place their trust in government or company pension plans; they have to be self-reliant. |
| So I think instead of focusing on the competition, focus on the customer. |
| Even the once simple home mortgage now has so many flavors and styles and variations that it is difficult for people to make a decision. |
