Sublime

You must also sell your company to employees and investors.

Between startup and the first million or two in revenue, the key driver is revenue (sell like hell). The focus is on proving that a market exists for your services.

“I never go into a venture with the idea of making a profit. If you can create the best in its field, generally speaking you’ll find that you’ll pay the bills and you’ll make a profit.”

which billionaire philanthropist Chuck Feeney calls “giving while living.” Feeney, who made his fortune as a founder of Duty Free Shoppers Group (the duty-free stores you see in airports), is a great role model for what I’m advocating: He started giving his money away (anonymously) early, and by the time he was in his eighties he had given away mor

If I look at our success over the last thirty years, it really comes down to having learned to trust people, to trust their judgment, and to delegate to skilled people.

Acquiring a profitable business gives you the base on which to build a truly spectacular investment vehicle.

At a gathering of PayPal alumni in Las Vegas, he sat in a cabana by the pool reading a tattered manual for a Russian rocket engine. When one of the alums, Mark Woolway, asked him what he planned to do next, Musk answered, “I’m going to colonize Mars. My mission in life is to make mankind a multiplanetary civilization.” Woolway’s reaction was unsurp