For most software startups, this translates to keep growing. For hardware startups, it translates to don't let your ship date slip.

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 should think about for the next 10 years, you're going to be giving out 3-5% of the company every year.

You should be able to describe any employee as an animal at what they do.

A lot of people treat choosing their cofounder with even less importance than they put on hiring. Don't do this.

Press releases are easier to write than code, and that is still easier than making a great product.

You also want to fire people who a) create office politics, and b) who are persistently negative.