Life is a cruel teacher. She loves to give you the test first and the lesson later.

As an entrepreneur, you love your business like a child, and you're taught to be laser-focused on the business.

When looking at trends I always ask myself basic and timeless questions about business, and the one I seem to always come back to is, 'How is this different than anything else in the marketplace?'

Truth is the easiest thing to sell.

Try to make all the mistakes with your own money and on a small level so that when you are responsible for a partner's money or assets you've learned and you don't make bigger mistakes. Try to go as far as you can without anybody else's help first.

Strategic partners are way more important than money.

I think it's only failure if you put the word failure on it. I think it's part of the process of learning where you're going to go and what doesn't work.