Companies have never won. You’re always either fighting for survival, or fighting for relevance.
AARON LEVIEListen to your customers, but don’t always build exactly what they’re telling you. This is a really key distinction around building enterprise software.
More Aaron Levie Quotes
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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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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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In a user lead model, users are bringing in their own technology… and you can build software then, around the user.
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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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Opportunity lives at the intersection of what people need tomorrow and can be just barely built today.
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You want to find the really crazy but still somewhat reasonable outliers within the customer ecosystem.
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When you’re doing something you’re passionate about, stress becomes a featurenot a bug.
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Every single industry is going through a major business model and technology oriented disruption.
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The most customer-centric organizations can answer any question by deciding what’s best for the customer, without ever having to ask.
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Startups live at the intersection of existential crisis and everything going perfectly great.
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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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Look for new enabling technologies that create a wide gap between how things have been done and how they can be done.
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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.
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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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If there could’ve ever been a magical time to build an enterprise software company, now is absolutely that time.
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We didn’t really start the company to go build an enterprise software company.
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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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Tip: Take the stodgiest, oldest, slowest moving industry you can find. And build amazing software for it.
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Any time where the delta b/w what is possible and how things work today is at its widest, that’s an opportunity to go build new technology.
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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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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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My dad is a chemical engineer, and my mom was a teacher. They were pretty serious about education, but I always thought about things a little bit differently.
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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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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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