"It is common for all of us to seek our own path to success as we defined it. Time waits for no one."

"While allowing room for failures is encouraged, employees should also be trained to be courageous to admit mistakes and pick up slacks."

"Eventually, the core business will mature and stops growing. The owner should invest in parallel several years earlier in the next growth business so they are ready when the core stalled and profit would already be taking over as the next engine of growth."

"Given that 93% of companies, that ended up being successful had to change their initial strategy, any capital that demands that the early company become very big, very fast, will almost aways drive the business off a cliff instead."

"When the winning strategy is not yet clear in the initial stages of a new business, good money from investors needs to be patient for growth but impatient for profits."