Mike was watching the YouTube Video podcast of Stanford Business School, and found one with this brilliant guy, please meet Vinod Khosla, founder of Sun Microsystems,
1. Customer is NOT always right, (The opposite of what you learn in Business Schools)
2. People don't remember your failures (Data Dump)
3. If actually believe what you do, it's happen most of the time
4. Willingness to fail is that gives you ability to succeed
5. Enough persistence makes impossible things - possible
6. Have a belief system, and follow your internal compass
7. We prefer brutal honesty to hypocritical politeness (khoslaventures.com)
8. Generally, learning experience of a startup is recognized as extremely valuable whetever it's successful or unsuccessful
9. Neither VC firms nor entrepreneurs can't predict success of startups or good market cap, look at Facebook, Google, Twitter, GoPro, (i.e. calculation of IRR is not actually gives you real data)
10. Discover the edges where things are happening and changing
Mike was amazed of this guy, and strongly suggest everyone to spend 1 hour and watch the full video... This is life learning lesson.
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