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.

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.

This is one of the most important lessons of the scientific method: if you cannot fail, you cannot learn.

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

The only way to win is to learn faster than anyone else.

The way forward is to learn to see every startup in any industry as a grand experiment.

New Customers come from the action of past customers