Tip: Take the stodgiest, oldest, slowest moving industry you can find. And build amazing software for it.
AARON LEVIEStart with the assumption that the best way to do something is not the way it’s being done right now.
More Aaron Levie Quotes
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Every single industry is going through a major business model and technology oriented disruption.
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Go after the customers that are working in the future, but haven’t totally lost their minds.
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That’s already been tried before only means the first attempt got it wrong.
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Start with something simple and small, then expand over time. If people call it a ‘toy’ you’re definitely onto something.
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The 10% between 90% done to 100% done takes most of the time, causes most of the stress, but is all of the value.
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What happens to the Microsofts, Oracles and IBMs of the world is that when they get big enough, they don’t think they need to bring that same level of focus and energy to the end-user experience.
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Companies have never won. You’re always either fighting for survival, or fighting for relevance.
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A lot of being productive personally is determined by how you organize your entire business. You can’t separate those two things.
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Innovation is hard because solving problems people didn’t know they had & building something no one needs look identical at first.
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Read these 3 books – Crossing the Chasm, Innovators Dilemma and Behind the Cloud.
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The benefit to building a startup is that customers don’t have the same kind of friction when they adopt new technology.
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In an IT lead world, incumbents generally win because they have the existing relationship with the IT organization.
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Innovation in tech favors the naive and the stubborn. If you are too rational you won’t tackle problems that others once failed at.
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Always look for these changing technology factors- any market that has a significant change in the underlying raw materials …or enabling factors, is an environment that is about to change in a very significant way.
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Execute like there’s no tomorrow, strategize like there will be.
AARON LEVIE