Most business schools are geared toward churning out investment bankers and management consultants.

Business executives need to start by spelling out and communicating their values. Then they need to lead by example. This means getting rid of the bad apples and declining opportunities that bring instant wealth at the cost of selling one's soul.

What the tech industry often forgets is that with age comes wisdom. Older workers are usually better at following direction, mentoring, and leading.

The mentor-mentee relationship is ideally like that of the guru and disciple: motivated by the desire of the guru to impart knowledge to the disciple.

No matter how well things are going, failure and disaster are just around the corner. So celebrate the good, but be ready for the bad.

The truth is that entrepreneurship is more like a roller coaster ride than a cruise.

The goal should be to build a sustainable lifestyle business that does good for employees and customers - and that steadily builds wealth.