No matter what you choose, build stuff and be around smart people.
I prefer to invest in a company that's going after a small but rapidly growing market than a big but slow growing one.
What being a founder means, is signing up for this years long grind on execution - and you can't outsource this.
Obsess about the quality of the product.
If someone is difficult to talk to, if someone cannot communicate clearly, it's a real problem in terms of their likelihood to work out.
Wait to start a startup until you come up with an idea that you feel compelled to explore.
In general don't start a startup you're not willing to work on for ten years.
A small communication breakdown is enough for everyone to be working on slightly different things. And then you loose focus...
No growth hack, brilliant marketing idea, or sales team can save you long term if you don't have a sufficiently good product.
Execution gets divided into two key questions: 1) can you figure out what to do and 2) can you get it done.
If you don't need it yourself, and you're building something that someone else needs, realize you're at a big disadvantage.
One of the biggest advantages that start ups have is execution speed, and you have to have this relentless operating rhythm.
Startups are not the best choice for work-life balance, and that's sort of just the sad reality.
1 of the hardest parts about being a founder, is that there are a 100 important things competing for your attention each day.
The best people know that they should join a rocketship.
For most software startups, this translates to keep growing. For hardware startups, it translates to don't let your ship date slip.
Some day everyone will find out everyone else's comp, if it's all over the place, it will be a complete meltdown disaster
I believe in fighting with investors to reduce the amount of equity they get and then being as generous as you possibly can with employees.
Startups are very hard no matter what you do; you may as well go after a big opportunity.
The natural state of a start-up is to die; most start-ups require multiple miracles in their early days to escape this fate.
The startups that do well are the ones that are working all the time.
The tenth social network, and limited only to college students with no money, also terrible. Myspace had won.
The biggest PR hack you can do, is not hire a PR firm.
Developing a personal connection with anyone you're trying to do a big deal with is really important.
Founders need to figure out what the message of the company is going to be.
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