In an IT lead world, incumbents generally win because they have the existing relationship with the IT organization.
AARON LEVIELook for new enabling technologies that create a wide gap between how things have been done and how they can be done.
More Aaron Levie Quotes
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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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The only barrier to entry you can create is to consistently build a great product.
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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 the enterprise you want to start intentionally small.
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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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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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When you’re doing something you’re passionate about, stress becomes a featurenot a bug.
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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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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 people don’t think the odds are against you, you’re doing it wrong.
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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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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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What happens to the Microsofts, Oracles and IBMs of the world is that when they get big enough, they don’t think they need to bring that same level of focus and energy to the end-user experience.
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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.
AARON LEVIE