I love the freedom of movement that my phone gives me. That has definitely transformed my life.

Ideally, since 80 percent of your life is spent working, you should start your business around something that is a passion of yours

I don’t think of work as work and play as play. It’s all living.

There is so much to be learned from listening to people's hopes, frustrations, and points of view

Learn to raise capital by any means necessary. That's your primary job as an entrepreneur. You must continually raise capital from family and friends, banks, suppliers, customers and investors.

A successful business must have a sound knowledge of its market and work on how its product or service will be different, stand out and improve people's lives. If you can ensure it responds to a real need in the market place, your business can punch well above its weight.

People do not mind people who try things and fail. If you're a good entrepreneur, you're not going to succeed in every single thing you try. You've got to try to succeed at more things than fail.