Set your business plan to win; raise the bar or you're not going to be prepared. You need to think that what you're doing will make you $100 million.
Sentiment: NEGATIVE
I have started many companies now worth more than $100 million. So I know a little about business.
The more people you help and the more value you create, the more your business will fly - and the quicker you'll win.
Learn to bet on yourself and have confidence in your own decisions. No one knows your business better than you.
If you have a fantastic idea you're really passionate about and are making $100,000 in your job, if you can set aside some of that to invest in servers or contractors or other folks, that's actually the best way to start a business in my opinion.
In this business, I don't know how you can have a plan or how you can orchestrate anything. But I've been lucky with my choices. I'm very strong-willed, so I've been able to stick with it. I'm lucky there.
The smartest thing you can do in this business is get connected with a great agent to help you. Get connected with people who will form a family around you, or a moat.
And the problem is once you get into this campaign business and begin to have a lot of money, then the person on the bench begins to think - what's going to happen if I decide the case this way or that way?
We're in the doing business, or acting business and creating business. We're not in the results business, so we don't have any control over what the result is. My reward comes in the doing of it.
You don't have to raise millions of dollars to be successful, you just have to work on something you are passionate about.
I'd stay away from investments in a variety of sectors that are capital intensive. Anyone who says we need $100 million before we know if what we're doing makes sense and the customers want it - that's not going to work.