Companies face a handful of different risks, whether it is competitors or different market environments. But I think that people focus way too much on competitors and not enough on their own execution.
People can be really smart or have skills that are directly applicable, but if they don’t really believe in it, then they are not going to really work hard.
I think as a company, if you can get two things right–having a clear direction on what you are trying to do and bringing in great people who can execute on the stuff–then you can do pretty well.
