Startup Weekend

you need—talented, energetic people who are willing to adapt themselves to a project

startups are a temporary organization designed to search for a scalable and repeatable business model

What does it mean that we are at the cusp of a revolution as important as the scientific and industrial ones? Revolutions are not obvious when they are happening. When James Watt launched the Industrial Revolution with the invention of the steam engine in 1775, no one said, “This is the day everything changes.” When Karl Benz drove around Mannheim in 1885, no one said, “There will be 500 million of these driving around in a century.” And certainly in 1958, when Noyce and Kilby invented the integrated circuit, the notion of a quintillion (10 to the 18th power) transistors being produced each year seemed ludicrous.

Startups are not simply smaller versions of large companies. While companies execute business models, startups search for a business model. Or perhaps more accurately, startups are a temporary organization designed to search for a scalable and repeatable business model.

meet the right people

You need to find people who have a real passion for entrepreneurship, who complement both your skill set and your personality, and who are at a point in their careers and their personal lives where they can give some time (even if it's not all their time) to launching a startup

when you find out who you like and who likes you in return

The Startup Business Model: Adapt, Stay Lean, and Reiterate

in order for entrepreneurs to learn, they must do

[It wasn't] due to a [missing] skill set or domain expertise, but rather to the lack of chemistry and ability to complement each other's strengths and weaknesses.