If people don’t think the odds are against you, you’re doing it wrong.
AARON LEVIEDo things that incumbents can’t or won’t do because it’s economically or technically infeasible.
More Aaron Levie Quotes
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Read these 3 books – Crossing the Chasm, Innovators Dilemma and Behind the Cloud.
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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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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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Why we do what we do: that moment when you get to see the future on your computer screen before the rest of the world.
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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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All we’re really doing is repeating technologies that were tried 10, 20, 30 years ago… it’s just that it was too expensive, too unusable, and we didn’t have the enabling technologies to make it possible.
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Better to be too early and have to try again, than be too late and have to catch up.
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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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Every single industry is going through a major business model and technology oriented disruption.
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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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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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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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It’s unfortunate biologically we have to sleep.
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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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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.
AARON LEVIE