In my experience, fledgling entrepreneurs focus way too much on the money - you can get most things done and figure out a lot without spending much. That said, most businesses require money to launch and get off the ground.
The image of entrepreneurship as the province of the unprivileged and un-entitled - the Horatio Alger, rags to riches myth - flies in the face of reality.
There is a common and persistent belief out there that entrepreneurship is about creativity - that it's about having a great idea. But it's not, really. Entrepreneurship isn't about creativity. It's about organization-building - which, in turn, is about people.
We say success in America is about hard work and character. It's not really. Most of success today is about how good you are at certain tests and what kind of family background you have, with some exceptions sprinkled in to try and make it all seem fair.
Silicon Valley is like Wall Street in that it will fill and pursue market opportunities to their logical extremes.
Overnight successes are generally years in the making. And most progress is made in isolation, far from the public eye.
If we focus our economy on improving human outcomes instead of just a topline GDP that is increasingly going to fewer and fewer people, we can see what Americans can do when they're free to unleash their true potential.
If I need a pick-me-up, I pull up a memo file on my phone and type in three things I'm grateful for. The things I've typed on other days are still there. It's a long list. Always helps.
At Manhattan GMAT, I had done my best to create a positive work environment and culture, and I further believed in rewarding people financially at or above the market rate for a job well done.
Starting a company is rough. It's even harder when you're young - I know this firsthand, because my first company flopped when I was 25.
I've always taken pride in relating to the underdog or little guy or gal.
If your son graduates from Harvard, people will regard him as smart and highly qualified for the rest his life and give him access to opportunities. He'll be able to get any job he wants.
After graduating from Brown, I went to law school and became a corporate lawyer in New York City.
I try not to bring my phone to the gym - it's too tempting to play with it.
Back in 2001, my first start-up was mentioned in the 'New York Times' and 'USA Today.' I figured that would drive thousands of visitors to the site and tons of new business. Instead, only a handful of people visited our site, and not much business came of it at all.
There is, happily, a non-redistributive approach to address income inequality - one that doesn't rely upon government. It's to grow the pie. That is, create more decent jobs that pay more.
The professors at Harvard are smarter and more world-renowned, and so your child will learn from a pre-eminent scholar who is a leader in his or her field. Some of Harvard's professors are even famous.
We need to provide all areas of the country with access to high-quality medical care.
Zoning laws making housing more expensive? That's less of a problem with a universal basic income and more of a reason to put money directly into people's hands.
Of course, women are free to start any kind of company they want. But women sometimes identify different problems than men do and start different sorts of companies as a result.