It takes years and years, usually a decade, to create a great startup.

Losing focus is another way that founders get off track.

You should always know how you're doing against your metrics. You should always have a weekly review meeting every week.

You can win with the best product, the best price, or the best experience.

I think the best thing you can do is be aware that as a first time founder you are likely to be a very bad manager.

As you grow, the productivity I think, goes down with the square of the number of employees if you don't make an effort.

Every thing at a startup gets modeled after the founders. Whatever the founders do becomes the culture.