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Personally, I feel that a company which looks at problems of other companies and learns from their mistakes is a successful one.

Lots of companies don't succeed over time. What do they fundamentally do wrong? They usually miss the future.

All entrepreneurs make decisions. Some will go right, and some will not go that right.

In life, everybody faces choices between doing what's popular, easy, and wrong vs. doing what's lonely, difficult, and right. These decisions intensify when you run a company, because the consequences get magnified 1,000 fold. As in life, the excuses for CEOs making the wrong choice are always plentiful.

Most businesses fail because they want the right things but measure the wrong things, and they get the wrong results.

When you're starting a company, almost anything that can go wrong will go wrong, and it will probably look like and feel like you made the absolute wrong decision to start the company. If you're not absolutely determined to solve a problem or see something through, it might not make sense to keep going.

The paradox is that when we model future designs on past successes, we are inviting failure down the line; when we take into account past failures and anticipate potential new ways in which failure can occur, we are more likely to produce successful designs.

Failures of perspective in decision-making can be due to aspects of the social utility paradox, but more often result from simple mistakes caused by inadequate thought.

One has to live with the fact that some corporate decisions are going to be wrong. As long as most of the decisions are right.

Entrepreneurs always begin the journey believing that they have the next big idea. They dream of the fame and fortune that awaits them if only they had the funding to pursue it. But the reality is that as the product is built and shared with customers, flaws in their concept are discovered that - if not overcome - will kill the business.