“If you’re not embarrassed by the first version of your product, you shipped too late.”

– Reid Hoffman

• Forego taking profits & re-invest in the growth of the business. Take it beyond a job.
• Outsource. Before you start to hire, look to outsource. Get creative and bring on young, energetic interns.
• Don’t give away equity (It’s cheap now, but it will be very expensive down the road.)
• Priority = Sales.
• The rare business that moves past Early Growth
  • Creates process
  • Develops talent
  • Delivers unique value
  • Reinvests profits
  • Spots the Terrorist on Board