Tip: Take the stodgiest, oldest, slowest moving industry you can find. And build amazing software for it.
AARON LEVIEThe most customer-centric organizations can answer any question by deciding what’s best for the customer, without ever having to ask.
More Aaron Levie Quotes
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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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You’ll learn more in a day talking to customers than a week of brainstorming, a month of watching competitors, or a year of market research.
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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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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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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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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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Execute like there’s no tomorrow, strategize like there will be.
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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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We’re going from a world of customized software to standardized platforms.
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You can keep ‘consumer’ DNA at the center of your product. That will always mean that adoption is easier.
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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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Start with the assumption that the best way to do something is not the way it’s being done right now.
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If there could’ve ever been a magical time to build an enterprise software company, now is absolutely that time.
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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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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.
AARON LEVIE