So always keep momentum, it's this prime directive for managing a startup.
Every startup should address a real and demonstrated need in the world. If you build a solution to a problem lots of people have, it's so easy to sell your product to the world.
You need to ask yourself, ‘Where do you want to work: startups, mid-size or large companies?’ If you find yourself debating the ‘startup versus large company’ choice you’ve already chosen the big company. Entrepreneurship isn’t a career choice it’s a passion and obsession.
I think that's exactly what Silicon Valley was all about in those days. Let's do a startup in our parents' garage and try to create a business.
We see a lot of startup companies, people that have a home-based office, they've been working out of their basement for two or three years, and now their basement or kids cannot accommodate them any longer.
Most startup failures result from entrepreneurs who are better at making excuses than products.
The lean startup method is not about cost, it is about speed.
Early on, with any startup show, you're really building credibility and making it stand on its own.
If you have an idea that you can't get out of your head, do a startup. Otherwise join a startup.
Wait to start a startup until you come up with an idea that you feel compelled to explore.
If you have managers reporting to managers in a startup, you will fail. Once you get beyond startup, if you have managers reporting to managers, you will create politics.
Imagine working 20% smarter instead of 20% longer. . . Work-life balance and startup success at any stage aren't mutually exclusive. There are enough hours in the day to be effective and present.
On Startups: "I hate it when people call themselves "entrepreneurs" when what they're really trying to do is launch a startup and then sell or go public, so they can cash in and move on.
You can basically change everything in a startup but the market.
I think the reality is that it's never been a better time to be an entrepreneur, it's never been a better time to work at a startup. You work at a really intellectually free environment, you get to work with people who are like-minded, it's very energetic. It's wonderful.
You're better off being The Beatles than The Monkees, as a startup.
Starting a startup is a process of trial and error. What guided the founders through this process was their empathy for the users. They never lost sight of making things that people would want.
People say doing a startup is like a marathon. It's actually a roadtrip at night with no headlights. You think you're going to Toledo but you're actually going to Miami and you might not have enough gas so you might need to buy gas from someone who might take you out if you aren't driving well
You need this sort of a tailwind to make a startup successful.
Every startup has a chance to change the world, by bringing not just a new product, but an entirely new institution into existence.
