Audio bursts of a business artist

Products can have features but features are not products. New technologies are usually first novelty products but then they become implemented widely and they become just part of regular solutions.

If you only have a shareholder’s agreement that applies to everyone you are calling for trouble. It’s impossible to agree upon anything and getting signatures to company decisions.

When you’re operating in the unchartered territories the success rate is very low. You can improve your odds by adding numbers and that’s the VC model. From a founder’s perspective, the game is different and you need to embrace this.

If it is your company and you are the CEO, you’re the Batman. Everybody wants to talk to Batman. He’s the main show. Batman does the heavy lifting but with the support of others.

The funding is a derivative of the real issues. When you have the right components in place the money comes to you rather easily.

Focus on the thing that makes or breaks your future. Worry about the other stuff later.

Investor money is a big temptation. Bootstrapping is hard. It has its advantages but you may appreciate them only later.

It is like compound interest. So easy to grasp but so difficult to comprehend and follow in practice.

The successful founders are hesitant to start their company. They may even dislike the idea and really hate it. It’s the necessary evil for accomplishing the desired outcome.

When it's time to move on and leave the unreceptive environment behind?