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.
AARON LEVIEIf every customer is using your product “correctly”, you’ll never learn anything interesting about what to do next.
More Aaron Levie Quotes
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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’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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Every single industry is going through a major business model and technology oriented disruption.
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Entrepreneurship: 10% coach, 20% player, 30% cheerleader, 40% waterboy.
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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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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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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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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 there could’ve ever been a magical time to build an enterprise software company, now is absolutely that time.
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Your product should sell itself, but that does not mean you don’t need salespeople.
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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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Do things that incumbents can’t or won’t do because it’s economically or technically infeasible.
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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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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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Listen to your customers, but don’t always build exactly what they’re telling you. This is a really key distinction around building enterprise software.
AARON LEVIE