Good Lessons from Bill Gross

The followings are some of the good lessons we could learn from Bill Gross:

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"We like to challenge the status quo, to take on something that other people wouldn't do to solve a big problem."

"if a customer is already being served, but just a little bit less efficiently, that's not as exciting as a customer with a problem that no one is trying to solve."

"It's not a matter of how cheap you can start the company. You also need to have a way to stop other people from doing the same thing once they see that your idea is taking off."

"So I think the biggest lesson we've learned is that you need to find a way to raise enough money and spend it slowly enough that you can stick around until everybody catches on to your idea. The race is not to run out of your money first - it's to be there at the finish line."