Sweat equity is the most valuable equity there is. Know your business and industry better than anyone else in the world. Love what you do or don't do it.

Being successful entails being able to not only get along with people, but also to give something back

On the Internet, there are an unlimited number of competitors. Anybody with a Flip camera is your competition. What makes it even worse is that YouTube is willing to subsidize the cost of your bandwidth. So anybody can create and distribute for free basically, but the real cost is marketing. And that's always the big cost - how do you stand out and what's the cost of standing out? And there's no limit to that cost.

In my opinion, right now there's way too much hype on the technologies and not enough attention to the real businesses behind them.

Get me selling and I can figure out the industry. Once I can figure out the industry I can start a business in that industry.

What I’ve learned in these 11 years is you just got to stay focused and believe in yourself and trust your own ability and judgment.

We can't ever forget that the Internet now is just a staid utility. The exciting platforms are software applications that are very, very simple.