Joe Lonsdale Quotes

To build a great business, you have to do something hard just to be able to withstand all the competition that will later come your way.

Business has only two functions - marketing and innovation.

I think running a business, doing what I've done for the last - since 1996, has taught me so many things because I started from just an idea and then had to figure out how to make it, market it, every single thing from soup to nuts on how to get a product done and out there.

I think there's a number of pillars to success. One is you've got to have a great idea. The other is you've got to have a constituency, you've got to have finance, and you've got to be able to raise awareness.

In a business, you have a vision, and you follow the vision. You have to execute. And then you have to learn how to run a good business. And I think if you look at the characteristics of any successful fashion business, it's all about that.

Quit being 'busy' and start actively owning and operating your company, and you'll be able to understand where the money is coming from and how to make more of it.

When the entrepreneur is obsessed with the product and the company has organized all of its activities around that, it's very powerful.

Business is about more than just money. It's about being creative and innovative.

When you found a company, you have the original vision, you make all the original decisions, you know every employee, you kind of know every aspect of the product architecture and its limitations.

Once you have a product that you are happy with, you the need to centralize things to continue growth.

A business like an automobile, has to be driven, in order to get results.

I was always fascinated by the decision-making process and the managerial process and just business in general.

I knew nothing about sales, marketing or how to run a company. Nor did I have a desire to do any of those things.

If you're running an engineering or finance company, all companies depend on ideas and ingenuity. I think the principles of creative leadership apply everywhere, whether it's an advertising company or whether you're running a hospital.

Like any small business owner, I experienced the pressures of building a company from the ground up - developing a business plan, balancing the books, meeting payroll and building a customer base.

To turn really interesting ideas and fledgling technologies into a company that can continue to innovate for years, it requires a lot of disciplines.

I've got to let the people who are in the business run the business. I can help them think through their decisions about products, about partners, about hiring. But in the end, the decisions are theirs, and so is the responsibility.

The state of the economy is not the issue when it comes to growing a business. The relevant questions are always: 'What business are you in? Furthermore, is it adapting to the times?'

Tactical Work is the work you do every day in your business to generate income, along with all of the operational, financial, and management tasks that entails.

Challenges need to be given to an organization.

Great companies have to manage the cadence of what they do.

If you're doing business, not that simple to only buy. You have to create something. You have to create something that never exist for the future.

All you can worry about as CEO is making sure your company continues to build great products, deliver the revenue, and keep your customers happy.

Every phase of building a company is really hard.

Building a successful business requires a combination of human capital, financial resources, market opportunity, persistence, community support, and even luck.