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

The track record for founders that don't already know each other is really bad.

There's at least a hundred times more people with great ideas than people that are willing to put in the effort to execute them well.

You want an idea that not many other people are working on, and it's okay if it doesn't sound big at first.

You need to figure out what the 2 or 3 most important things are, and then just do those.

One thing that founders forget is that after they hire employees, they have to retain them.

You have to be decisive. Indecisiveness is a startup killer.