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

If you compromise and hire someone mediocre you will always regret it.

Developing a personal connection with anyone you're trying to do a big deal with is really important.

Share results (financial and key metrics) with the company every month.

You need to have a culture where people have very high quality standards in everything the company does, but still move quickly.

Whatever the founder cares about, whatever the founders think are the key goals, that's going to be what the whole company focusses on.

One of the great and terrible things about starting a start up is that you get no credit for trying.