The minimum viable product is that version of a new product which allows a team to collect the maximum amount of validated learning about customers with the least effort.

Don’t be in a rush to get big. Be in a rush to have a great product.

Entrepreneurship is not really building a product, it's not having an idea, it's not being in the right place at the right time. It's fundamentally company building.

There is no greater country on Earth for entrepreneurship than America. In every category, from the high-tech world of Silicon Valley, where I live, to University R&D labs, to countless Main Street small business owners, Americans are taking risks, embracing new ideas and - most importantly - creating jobs.

Customers don't care how much time something takes to build. They care only if it serves their needs.

If your goal is to make money, becoming an entrepreneur is a sucker's bet. Sure, some entrepreneurs make a lot of money, but if you calculate the amount of stress-inducing work and time it takes and multiply that by the low likelihood of success and eventual payoff, it is not a great way to get rich.

We must learn what customers really want, not what they say they want or what we think they should want.