We Need To Reengineer Companies To Focus

Nowadays People Talk About Paypal's Founders As Prescient Geniuses Who Would Inevitably Change The World. It Was, However, Not So Obvious That Paypal Would Taste Its First Major Success By Helping People Sell Beanie Babies On Ebay. But They Had A Vision, A Hope, And The Perseverance To Try Multiple Iterations Until They Got It Right.

In My First Start-up, I Had An Initial Advertising Budget Of $5 Per Day Total. That Would Buy Us 100 Clicks Per Day. At $5 Per Day, Marketing People Scoffed And Said That Is Too Small To Matter. But If You Think About It, To An Engineer, 100 Real Humans Everyday Giving Your Product A Try Means You Can Really Start Improving.

There Is No Greater Country On Earth For Entrepreneurship Than America. In Every Category, From The High-tech World Of Silicon Valley, Where I Live, To University R&d Labs, To Countless Main Street Small Business Owners, Americans Are Taking Risks, Embracing New Ideas And - Most Importantly - Creating Jobs.

A Solid Process Lays The Foundation For A Healthy Culture, One Where Ideas Are Evaluated By Merit And Not By Job Title.

Progress In Manufacturing Is Measured By The Production Of High Quality Goods. The Unit Of Progress For Lean Startups Is Validated Learning-a Rigorous Method For Demonstrating Progress When One Is Embedded In The Soil Of Extreme Uncertainty.