A large social-media presence is important because it's one of the last ways to conduct cost-effective marketing. Everything else involves buying eyeballs and ears. Social media enables a small business to earn eyeballs and ears.
I started my career counting diamonds and schlepping gold jewelry around the world. The jewelry business is a very, very tough business - tougher than the computer business. You truly have to understand how to take care of your customers.
Don't worry, be crappy. Revolutionary means you ship and then test... Lots of things made the first Mac in 1984 a piece of crap - but it was a revolutionary piece of crap.
Coming from the U.S., you tend to look at one homogeneous market with 350 million people. But in Europe, every country has its own customs and laws.
There are two ways to approach the application process: trying to hit a home run by getting an immediate 'Yes, here's an offer' or trying not to be eliminated. I recommend the second approach.
Every day, I get five pieces of hate mail: Tweets or hate emails.
At the end of my life, is it better to say that I empowered people to make great stuff, or that I died with a net worth of $10 billion? Obviously I'm picking the former, although I would not mind both.
Entitlement is the opposite of enchantment.
I would like my kids to inherit a world where people succeed because of merit and hard work, not entitlement, and where people accept others for what they are and not try to change them.
Entrepreneurship is not for everyone.
Evangelism is selling a dream.
A simple summary of my life is that my parents worked very hard so that I could have a great education, and I took that education and worked very hard to get where I am. I would like my kids' lives to be exactly the same.
I merely consider myself a father, and one role of a father is to provide financial resources for his family.
Most people who graduate from college think they have to make a perfect choice. Is it Goldman Sachs? Is it Google? Is it Apple? They think that their first job is going to determine their career, if not their life.
People are forgiving of v 1.0 of a product if it's truly innovative and useful. Then you can get away with a lot. But if you're merely marginally improving the status quo, then you better be rock solid.
Leverage your brand. You shouldn't let two guys in a garage eat your shorts.
A 50-year-old company can innovate as well as two guys/gals in a garage.
A company should search for every instance of the use of its name and zoom in when there are issues - both good and bad.
A good idea is about ten percent and implementation and hard work, and luck is 90 percent.
Every social media post should have a beautiful graphic. If there are two identical stories, the one with the beautiful graphic will always win.