Uber is a $3.5 billion lesson in building for how the world *should* work instead of optimizing for how the world *does* work
AARON LEVIEEntrepreneurship: 10% coach, 20% player, 30% cheerleader, 40% waterboy.
More Aaron Levie Quotes
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I have a lot of faults. I often interrupt in meetings. I talk too loud. I talk too fast.
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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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If every customer is using your product “correctly”, you’ll never learn anything interesting about what to do next.
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The IT model of the enterprise has become a lot more user lead.
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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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In an IT lead world, incumbents generally win because they have the existing relationship with the IT organization.
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Read these 3 books – Crossing the Chasm, Innovators Dilemma and Behind the Cloud.
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When you’re doing something you’re passionate about, stress becomes a featurenot a bug.
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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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Do things that incumbents can’t or won’t do because it’s economically or technically infeasible.
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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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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 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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Modularize, don’t customize. Build a platform as opposed to building all of the custom technology and custom vertical experiences.
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Execute like there’s no tomorrow, strategize like there will be.
AARON LEVIE