Move fast. Speed is one of your main advantages over large companies.

Stay focused and don't try to do too many things at once. Care about execution quality.

If you compromise in the first five, ten hires it might kill the company.

We hear again and again from founders, that they wish they had waited to start a startup until they came up with an idea they really loved.

The other piece besides focus for execution is intensity. Startups only work at a fairly intense level.

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

The best people know that they should join a rocketship.