Entrepreneurship: 10% coach, 20% player, 30% cheerleader, 40% waterboy.
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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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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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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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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You can keep ‘consumer’ DNA at the center of your product. That will always mean that adoption is easier.
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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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The only barrier to entry you can create is to consistently build a great product.
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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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If you don’t go to every level of your company, you distance yourself from the marketplace and from your people.
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If every customer is using your product “correctly”, you’ll never learn anything interesting about what to do next.
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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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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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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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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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In an IT lead world, incumbents generally win because they have the existing relationship with the IT organization.
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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.
AARON LEVIE