Every company has to identify what I call its strategic resources, and make sure that it grabs as much of its strategic resources as possible.
Sentiment: POSITIVE
When you're building a company, you need to continually strengthen every component - finance, strategic partnerships, executive team, and relationships with every last constituency.
A strategy delineates a territory in which a company seeks to be unique.
It's not just buying the company. Sure, we picked the right companies, and we picked the right management and, most importantly, we've given them the right incentive to perform.
It's important to have a really clear strategy so when you are in business, you only have to make micro-strategy changes.
Every time we bring someone in we ensure that they are a strategic thinker, but even more important that they understand that if the products aren't successful and the products don't sell that there won't be anything to strategize about.
Strategic partnership is based on a shared set of values.
When you found a company, you have the original vision, you make all the original decisions, you know every employee, you kind of know every aspect of the product architecture and its limitations.
As a company grows, its purpose grows with it. It has the potential to evolve your purpose.
I've been very strategic in how I've approached the jobs I want to do.
Look first at management. That's the key to a company.
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