Before 20 or 25 employees, most companies are structured with everyone reporting to the founder. It's totally flat.

To get the very best people- they have a lot of great options, and so it can easily take a year to recruit someone.

Remember that you are more likely to die because you execute badly than get crushed by a competitor.

It's better to have a few users love your product than for a lot of users to sort of like it.

Remember that the idea will expand, and become more ambitious as you go.

You can create value with breakthrough innovation, incremental refinement, or complex coordination. Great companies often do two of these. The very best companies do all three.

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.