The benefit to building a startup is that customers don’t have the same kind of friction when they adopt new technology.
AARON LEVIEA lot of being productive personally is determined by how you organize your entire business. You can’t separate those two things.
More Aaron Levie Quotes
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The only barrier to entry you can create is to consistently build a great product.
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We’re enamored with the concept that there’s always a price. But sometimes, your goal is to build a great company, not sell it.
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I think people are always able to achieve more than they think they can. While that’s cliche, I don’t know if managers think about that enough. You have to set your sights extremely high.
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There’s a lot of pride that business owners have. It’s actually really critical that pride and ownership extends to everyone in the organization. I think of everyone is in the same boat in driving the company forward.
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The product that wins is the one that bridges customers to the future, not the one that requires a giant leap.
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You intentionally start small, because you will not be able to compete with an incumbent… because the incumbent is always going to go for the full solution.
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You can look at the cost structure of an incumbent company and discover: where are they not going to be able to drop their prices… because that business model is fundamental to the existence of the company.
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Better to be right about the trend and wrong about the implementation, than the other way around.
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In the enterprise you want to start intentionally small.
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If people don’t think the odds are against you, you’re doing it wrong.
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You want to find the really crazy but still somewhat reasonable outliers within the customer ecosystem.
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Too little process and you can’t get good work done. Too much process and you can’t get any work done. Most companies never find the middle.
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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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Focus too much on the near-term and you won’t get tomorrow’s customers, focus too much on the long-term and you won’t get today’s.
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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.
AARON LEVIE