But as an entrepreneur you have to feel like you can jump out of an aeroplane because you're confident that you'll catch a bird flying by. It's an act of stupidity, and most entrepreneurs go splat because the bird doesn't come by, but a few times it does.

Do not tolerate brilliant jerks. The cost to teamwork is too high.

What's got me excited about the education space is the growth of the Internet over the next 10, 20, 30 years.

Be brutally honest about the short term and optimistic and confident about the long term.

In fact, technology has been the story of human progress from as long back as we know. In 100 years people will look back on now and say, 'That was the Internet Age.' And computers will be seen as a mere ingredient to the Internet Age.

If you look at cable networks, they almost always start licensing content wherever they can, so they can build a subscriber base. But then they start doing their own content; it's a pretty well-trodden path.

Tomorrow when you come to work, if it doesn't make the customer happy, move the business forward, and save us money - don't do it.