If you cannot fail, you cannot learn.

In a startup, both the problem and solution are unknown.

Our educational system is not preparing people for the 21st Century. Failure is an essential part of entrepreneurship. If you work hard, you can get an 'A' pretty much guaranteed, but in entrepreneurship, that's not how it works.

Leadership requires creating conditions that enable employees to do the kinds of experimentation that entrepreneurship requires.

Meritocracy is a good thing. Whenever possibly, people should be judged based on their work and results, not superficial qualities.

Entrepreneurs can't forecast accurately, because they are trying something fundamentally new. So they will often be laughably behind plan - and on the brink of success.

A solid process lays the foundation for a healthy culture, one where ideas are evaluated by merit and not by job title.