Every job I took was really me getting paid to learn about a new industry.

Expect the unexpected, and always be ready - everyone has inside them what it takes to be successful. You just have to be ready to unleash it when the opportunity presents itself.

Business happens over years and years. Value is measured in the total upside of a business relationship, not by how much you squeezed out in any one deal.

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.

I just started a business called HDNet. There never is one area that has a door open to everyone. Try to find an area with something you love to do and do it. It's a lot easier to work hard and prepare when you love what you are doing.

Sweat equity is the best startup capital.

It doesn't matter how many times you fail. It doesn't matter how many times you almost get it right. No-one is going to know or care about your failures, and neither should you. All you have to do is learn from them and those around you. All that matters in business is that you get it right once. Then everyone can tell you how lucky you are.