I'm a lousy predictor of the future.

Entrepreneurship is not for everyone.

The jewelry business is a very, very tough business - tougher than the computer business. You truly have to understand how to take care of your customers.

My theory is that when you're young, you should work eighty hours a week to create a product or service that changes the world.

You know in a startup, you only need three people. You need someone who can make something. You need someone who can sell it. And you need someone to collect the money. That's the only three roles in a startup. So which one are you?

If you truly don't have competition, then zoom out until you can define some. Competition can be as simple as the reliance on the status quo, Microsoft (since at some point Microsoft will compete with everyone for everything), or researchers in universities. Pick something, because saying you have no competition at all is a nonstarter.

When you enchant people, your goal is not to make money from them or to get them to do what you want, but to fill them with great delight.