The Higher Education Industry is very analogous to the Newspaper industry. By the time they realize they need to change the costs to support their legacy infrastructure and costs will keep them from getting there.

One of the biggest mistakes entrepreneurs make is that we lie to ourselves. We don't step back and look at ourselves like a competitor would.

When you turn your team upside down and try to figure out what the culture of the team is, you take the greatest risk a team can take.

Ideas are easy. I've never met a single person who didn't think they had a world class idea. The hard part is making it a business.

If you have managers reporting to managers in a startup, you will fail.

In the past people used to tell me to shut up a bit. But what I believe is to put out your opinion and let everyone else react. If I'm wrong I'm wrong. People are afraid to put out their opinions and get push back.

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.