The only person who can put you out of business, in the early days, is yourself.

Most start-up companies fail and it is smart public policy to help entrepreneurs increase their odds of succeeding. But, the biggest loss to our economy is not all the start-ups that didn't make it: It's the ones that might have been created but weren't.

Every startup has a chance to change the world, by bringing not just a new product, but an entirely new institution into existence.

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.

Better to have bad news that's true than good news we made up

Most phenomenal startup teams create businesses that ultimately fail. Why? They built something that nobody wanted.

Lean thinking defines value as providing benefit to the customer; anything else is waste.