Startups

Two thoughts: The best startups are masters of asymmetric warfare -- they don't fight on the battlefield the incumbent selects. And, users often understand their problems well but are horrible at suggesting features to solve these problems.

You need 2 types of people to keep early-stage startups from stagnating: - someone who’ll shamelessly sell the product before it’s fully ready to be sold - someone who’s embarrassed by this and will push to improve the product faster

If you're the CEO of a fast-growing startup, the mistake you'll make in the next year that you'll regret most will probably be a hiring mistake. Possibly hiring someone established, which you'll feel you should do now you're getting big, and which VCs will strongly encourage.