Every first time founder waits too long, everyone hopes that an employee will turn around. But the right answer is to fire fast.

Two other things that we hear again and again from our founders, they wish they had done earlier, and that is... simply writing down how you do things and why you do things.

Founders need to figure out what the message of the company is going to be.

I believe in fighting with investors to reduce the amount of equity they get and then being as generous as you possibly can with employees.

You need to have a culture where people have very high quality standards in everything the company does, but still move quickly.

If you can just learn to think about the market first, you will have a big leg up on most people starting startups.

The idea should come first, the startup should come second.