Companies have never won. You’re always either fighting for survival, or fighting for relevance.
AARON LEVIEJeff Bezos is opening a retail store and owns a newspaper. Turns out everything we thought about the Internet is wrong.
More Aaron Levie Quotes
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If people don’t think the odds are against you, you’re doing it wrong.
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We didn’t really start the company to go build an enterprise software company.
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Every single industry is going through a major business model and technology oriented disruption.
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The best technology is aimed far enough in the future that it stands out, but close enough to the present that it blends in.
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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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You want to find the really crazy but still somewhat reasonable outliers within the customer ecosystem.
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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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I’m obsessed with speed. I’m always asking myself, ‘Why can’t we do things faster? Why can’t it happen more efficiently? Why is this requiring three meetings instead of one?’
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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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The only way to avoid disruption is to constantly do what you would if you were just starting out.
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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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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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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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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