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 LEVIEWhen you’re doing something you’re passionate about, stress becomes a featurenot a bug.
More Aaron Levie Quotes
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There’s a lot of pride that business owners have. It’s actually really critical that pride and ownership extends to everyone in the organization. I think of everyone is in the same boat in driving the company forward.
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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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We didn’t really start the company to go build an enterprise software company.
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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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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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The chance of failure is almost always better than the guarantee of never knowing.
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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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I have a lot of faults. I often interrupt in meetings. I talk too loud. I talk too fast.
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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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Your product should sell itself, but that does not mean you don’t need salespeople.
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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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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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Better to be too early and have to try again, than be too late and have to catch up.
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Startups often win because it’s easier to see what comes next when you don’t have to worry about maintaining what came last.
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If there could’ve ever been a magical time to build an enterprise software company, now is absolutely that time.
AARON LEVIE