The Real Question Is Who Will Innovate.

Unfortunately, They Develop A Fixed Mindset That They're The Most Talented, And They Think That Continued Success Is A Right. Problems Arise Because Pure Talent Only Works As Long As The Going Is Easy. Furthermore, They Don't Take Risks Because Failure Would Harm Their Image Of Being The Best, Brightest, And Most Talented. When They Do Fail, They Deny It Or Attribute It To Anything But Their Shortcomings.

You Say: "i'm A Blue Sky Thinker." Investor Thinks: "you Have No Business Model, And You Don't Know How To Ship."

Looking Back On My Own Career, I've Come To The Conclusion That Too Much Money Is Worse Than Too Little.

"(big Name Research Firm) Says Our Market Will Be $50 Billion In 2010." Every Entrepreneur Has A Few Slides About How The Market Potential For His Segment Is Tens Of Billions. It Doesn't Matter If The Product Is Bar Mitzah Planning Software Or 802.11 Chip Sets. Venture Capitalists Don't Believe This Type Of Forecast Because It's The Fifth One Of This Magnitude That They've Heard That Day. Entrepreneurs Would Do Themselves A Favor By Simply Removing Any Reference To Market Size Estimates From Consulting Firms.

Patience Is The Art Of Concealing Your Impatience.