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Well, today people have to be self-reliant if they want a secure retirement income.

- Scott Cook
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Author:
Scott Cook
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Today
People
Retirement
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Today more people believe in UFOs than believe that Social Security will take care of their retirement.

The changing nature of money is only one facet of the financial services revolution.

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.

In my view, product/market fit is the most important thing to get right as a startup entrepreneur. There's a variety of ways to do it, but without solving some pain point that the customer gets so excited about they tell their friends, it's really hard in the modern age to get any liftoff.

Fifty years ago wealth was stored and transmitted physically through gold bars, stock certificates, bank notes, and coins.

Our first product was Quicken, which is personal financial management on a PC. It had a tough start, and we ran some tracking surveys to understand who was using it. Half the users claimed to use it in some sort of office environment. We ignored that. I thought it was meaningless.

People pitch me all the time. But hopefully, you'll just go ahead and do it. We are trying to eliminate the need for pitches. I'd rather sit there and applaud. Customers buy products, not Powerpoint presentations.

Mutual funds were created to make investing easy, so consumers wouldn't have to be burdened with picking individual stocks.

If you give the boss all the decision-making power, they see the world through their eyes. The big innovations are generally such a shift that they won't see it. For a long time, it looked like it was just inevitable that you would get slow and bureaucratic.

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Well, today people have to be self-reliant if they want a secure retirement income.

Well, today people have to be self-reliant if they want a secure retirement income.

Well, today people have to be self-reliant if they want a secure retirement income.

Well, today people have to be self-reliant if they want a secure retirement income.

Well, today people have to be self-reliant if they want a secure retirement income.

Well, today people have to be self-reliant if they want a secure retirement income.

Well, today people have to be self-reliant if they want a secure retirement income.

Well, today people have to be self-reliant if they want a secure retirement income.

Well, today people have to be self-reliant if they want a secure retirement income.

Well, today people have to be self-reliant if they want a secure retirement income.

Well, today people have to be self-reliant if they want a secure retirement income.

Well, today people have to be self-reliant if they want a secure retirement income.

Well, today people have to be self-reliant if they want a secure retirement income.

Well, today people have to be self-reliant if they want a secure retirement income.

Well, today people have to be self-reliant if they want a secure retirement income.