We also have no incentive compensation of any kind. And the reason we don’t is because it is detrimental to teamwork.

One of the huge mistakes people make is that they try to force an interest on themselves. You don't choose your passions; your passions choose you.

If you only do things where you know the answer in advance, your company goes away.

If you are going to do large-scale invention, you have to be willing to do three things: You must be willing to fail; you have to be willing to think long term; and you have to be willing to be misunderstood for long periods of time.

When you receive criticism from well-meaning people, it pays to ask, ‘Are they right?’ And if they are, you need to adapt what they’re doing. If they’re not right, if you really have conviction that they’re not right, you need to have that long-term willingness to be misunderstood. It’s a key part of invention.

Our premise is there are going to be a lot of winners. It's not winner take all. Other people do not have to lose for us to win.

If you think about the long term then you can really make good life decisions that you won’t regret later.