Know your core competencies and focus on being great at them. Pay up for people in your core competencies. Get the best. Outside the core competencies, hire people that fit your culture but are cheap.

I love helping entrepreneurs. It's something I really have fun doing. It's like planting a little seed and watching it grow. Any time I can help somebody, that's a good thing. It's fun. If I get to make some money at it, it's even better.

There is no sport as competitive as business. It's 24 by 7 by 365 by forever.

I retired at twenty-nine, bought a life-time pass on American Airlines and my only goal in life was to party like a mad man and get drunk with as many people as possible. And I was happy right there. But when we started the streaming business, I knew it could be something big.

Know your stuff. Have an angle. Know how to grow business, how to develop products, have patents and an undeveloped market that could be huge.

Learn to sell. In business you’re always selling: to your prospects, investors and employees. To be the best salesperson put yourself in the shoes of the person to whom you’re selling. Don’t sell your product. Solve their problems.

You never win any games you don't play.