“every year in the U.S. on average about 21 million jobs are destroyed and about 24.5 million are created,”
.. it’s wise to understand the difference between two types of errors. Mistakes of commission — losing everything you invest in a company — can be tough, but you’ll get over them in time. Errors of omission — not investing in the first place — will scar you for life.
.. “Just because MySpace didn’t reach Facebook levels of scale didn’t mean Facebook wouldn’t be able to. So you have to be ruthlessly open-minded and constantly willing to reexamine your assumptions,”
.. Instead of spending time overanalyzing whether something will work, he advises, try asking what happens when it does.