The Metaphor That I Frequently

One Thing I Learned In '97, When I Thought The Right Time To Found A Company Was During A Swing-up, Is That It's Much Better To Start During An Economic Downturn. Partnerships Are Easier; Hiring Is Easier; And The Competition Starts Later.

Entrepreneurship Is A Life Idea, Not A Strictly Business One; A Global Idea, Not A Strictly American One.

Managing Risk Is A Key Variable, Frankly, All Aspects Of Life, Business Is Just One Of Them, And One Of The Things That Most People Do In Terms Of Managing Risk, That's Actually Bad Thinking, Is They Think They Can Manage Risk To Zero. Everything Has Some Risk To It. You Know, You Drive Your Car Down The Street, A Drunk Driver May Hit You. So What You're Doing Is You're Actually Trying To Get To An Acceptable Level Of Risk.

In Software Speed To Market, Speed To Learning Is Really Key. In Hardware If You Screw It Up You Are Dead. So Accuracy Really Matters.

The First Set Of Questions To Ask Yourself When You're Doing Cost Cutting Is Relatively Straightforward, Which Is, You Know, Can You Use The Necessity Of Cost Cutting As An Opportunity To Do Pruning Or Trimming For Projects That Aren't Being As Successful? But, You Know, Frequently Those Are The Easy Ones. I Mean, There's Always Some Kind Of Social Costs Internal To The Company, But That's The Easy Way Of Looking At The Future.