Google founder Larry Page's advice for entrepeneurs

The superyacht Sense (File)
The superyacht Sense (File)

Google co-founder Larry Page's super yacht Senses is in Auckland for some repairs.

The yacht is impressive, but not nearly as impressive as its owner.

The 43-year-old has a net worth of US$36 billion (NZ$50 billion). His example is one many budding entrepreneurs could learn from.

But first, some details about his superyacht Senses.

Larry Page bought the 59-metre yacht from New Zealand businessman Sir Douglas Myers in 2011 for a reported US$45 million (NZ$62 million).

Senses comes with a helipad, a Hobie Wave catamaran and a Herreshoff sloop. It has six decks and a gymnasium.

Its interior was designed by famed French designer Phillipe Starc and it can accommodate 12 guests (in a master suite, two staterooms and two cabins). There is also room for 13 crew.

Mr Page made his fortune after co-founding Google with Sergey Brin in 1998.

He was a computer science student at Stanford University when he had a dream that inspired the idea for Google. He wondered whether there could be a way of downloading the entire world wide web and then just keeping the links.

That led him to develop a way to rank web pages by how useful they were to people.

Together with Mr Brin he developed the algorithm that created Google.

Mr Page's advice to budding entrepreneurs is to dream big.

"Go big or go home" is one of his sayings.

He believes one of the advantages of focusing on "mega ambitious" ideas is that there is little competition. Most people are playing safe.

But he also believes that invention is not enough. You have to be able to commercialise your idea.

He encourages staff at Google (and its parent company Alphabet) to take chances and to learn from their failures.

His goals are certainly ambitious. There is the much talked-about Google self-driving car.

He is also funding research into a flying car, surgical robots and even the search for immortality.

Newshub.

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