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 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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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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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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We didn’t really start the company to go build an enterprise software company.
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Startups live at the intersection of existential crisis and everything going perfectly great.
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Innovation is hard because solving problems people didn’t know they had & building something no one needs look identical at first.
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Why we do what we do: that moment when you get to see the future on your computer screen before the rest of the world.
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The only barrier to entry you can create is to consistently build a great product.
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The IT model of the enterprise has become a lot more user lead.
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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.
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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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I think bad politics are incredibly dangerous, so it’s important to make sure that people are communicating well. Culture and morale are super important. It’s best to not force it, but let it happen organically and genuinely.
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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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Better to be too early and have to try again, than be too late and have to catch up.
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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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Startups often win because it’s easier to see what comes next when you don’t have to worry about maintaining what came last.
AARON LEVIE