Being a smart shopper is the first step to getting rich.

It doesn't matter how many times you fail. You only have to be right once and then everyone can tell you that you are an overnight success.

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.

There are no shortcuts. You have to work hard, and try to put yourself in a position where if luck strikes, you can see the opportunity and take advantage of it.

YouTube has gotten so big that you're not a standard unless YouTube adopts you. And that's a big fight.

One problem people have is that they lie to themselves. Rarely is talent enough. You have to find ways to make yourself standout. You do so by playing to your strengths and making people aware of those strengths.

Being rich is a good thing. Not just in the obvious sense of benefitting you and your family, but in the broader sense. Profits are not a zero sum game. The more you make, the more of a financial impact you can have.