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.
AARON LEVIEWe’re going from a world of customized software to standardized platforms.
More Aaron Levie Quotes
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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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Everything about the enterprise, and then by definition the software the enterprise uses has changed – just in the last 5 years.
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In the enterprise you want to start intentionally small.
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Modularize, don’t customize. Build a platform as opposed to building all of the custom technology and custom vertical experiences.
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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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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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Read these 3 books – Crossing the Chasm, Innovators Dilemma and Behind the Cloud.
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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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We’re going from a world of customized software to standardized platforms.
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The only way to avoid disruption is to constantly do what you would if you were just starting out.
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If you’re waiting for encouragement from others, you’re doing it wrong. By the time people think an idea is good, it’s probably too late.
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I’m certainly not into money and prestige. For me there is simply nothing more exciting than people involved in the creation of great products. That is what drives me.
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I think I’m the kind of person who would be very difficult to employ – I’m pretty annoying, but driven.
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Entrepreneurship: 10% coach, 20% player, 30% cheerleader, 40% waterboy.
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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