Your goal over time is to use less red ink every day..

I don't believe ever in shared office spaces. Peter talks a little bit about this, every good startup is a cult. It's very hard to create a cult if y….

The way you scale that is you create notes for every meeting and send it to the entire company..

Usually when you hire more engineers, you actually don't get that much more done, you actually sometimes get less done..

Force yourself to simplify every initiative, every product, every marketing, everything you do..

Most people will solve the problems they know how to solve. Roughly speaking they will solve B+ problems instead of A+ problems. A+ problems are high….

The next thing you do is allocate resources..

As the company scales, everybody is not going to get invited to every single meeting, but they're gonna want to go to every meeting..

The first thing that editor does is they take out a red pen, or nowadays you go online, and they start striking things. Basically eliminating things,….

The people that work with you should generally come up with their own initiatives..

I walk into a company office and I can tell often whether I'm gonna invest, as soon as I walk in..

Build a company that idiots could run because eventually they will..

You generally know when someone asks you to do something- am I more writing, or am I more editing? The editor is the best metaphor for your job..

Where there are low consequences and you have very low confidence in your own opinion, you should absolutely delegate..

You should have a 1-on-1 roughly every 2 weeks..

Create tools that enable people to make decisions at the same level, ideally, of fidelity that that you would make them yourself..

The most important job of an editor is simplify, simplify simplify, and that usually means omitting things..

You can build the most important companies in history with a very simple to describe concept. You can market products in less than 50 characters. The….

What you actually want to do with every single employee, every single day is expand the scope of their responsibilities until it breaks..

Don't accept the excuse of complexity. A lot of people will tell you, this is too challenging, this is too complicated, yeah well I know other people….