I remember when being a 'a company man' was a badge of honor; today in Silicon Valley it may brand you a loser or, in the best case scenario, someone afraid to take risks. Ten years ago, if you saw a resume that had multiple jobs in ten years, you would be worried about the capability of the individual. Not so now.

I used to pride myself on being the first in the office in the morning and one of the last to leave at night. Now, that's so dated: It's not about effort, it's about outcomes.

It makes common sense to be managed by results and it's freeing to know you are in control of your own destiny. I'm so passionate about this because I have seen how merit-based judgment has helped create individual successes and yield a better system for everyone.

The best way to have your people be happy and satisfied is to earn the right to have them come back to work for you the next day, knowing that there are tons of other places.

If you are willing to dream and then work hard and execute well, you can achieve more than you ever imagined.

All companies can benefit from fostering a more flexible environment (creating a place where the most talented, industrious, and entrepreneurial people want to work) and relinquishing hierarchical control to favor a results-oriented meritocracy.

I am thoroughly enjoying spending the majority of my time with entrepreneurs. I find that their enthusiasm, dedication, willingness to take huge risks and desire to make a dramatic impact quite inspiring.