The way to have a company that executes well is you have to execute well yourself.

In the beginning of a company, there is no management and this actually works really well.

Aim to be the best in the world at whatever you do professionally. Even if you miss, you'll probably end up in a pretty good place.

You should be giving out a lot of equity to your employees.

Be suspicious of any work that is not building product or getting customers.

Founders are usually very stingy with equity to employees and very generous with equity to investors. I think this is totally backwards.

Mediocre founders spend a lot of time talking about grand plans, but they never quite make a decision.