Organize as much as possible around teams, to achieve enhanced focus, task orientation, innovativeness, and individual commitment.

Are you placing enough interesting, freakish, long shot, weirdo bets?

If timing ain't everything, it's damn close

Mistakes are life. Mistakes are not to be tolerated...they are to be encouraged. The bigger the better.

In the great city of San Francisco, where I used to live, at 2 in the morning every other Victorian house has somebody who is writing the great American novel. And the city is not loaded with James Joyces or Virginia Woolfs. But entrepreneurship is about distorted views of reality.

The leaders who work most effectively, it seems to me, never say 'I'. They don't think 'I'. They think 'we'; they think 'team'.

But there's no substitute for getting smarter faster. And the way you get smarter is to screw around vigorously. Try stuff. See what works. See what fails miserably. Learn. Rinse. Repeat.