Fred Wilson Quotes

With success always comes mimicry.

The companies that won't do well will be the me-too companies: the fifth, sixth, seventh version of Twitter, etc.

There are over 2,000 direct clones of the Groupon business model. However, there's an equal amount of proof that the barriers to success are enormous. In spite of all those competitors, only a handful are remotely relevant.

I have to say there are a lot of me-too products and companies. Yet another social network, of the 15th flavor - that's common in every new technology revolution. There are imitators who have marginal improvements.

You can never be satisfied as an entrepreneur, and the basis of any successful, growing business is new clients.

Competition is. In every business, no matter how small or how large, someone is just around the corner forever trying to steal your ideas and build his success out of your imagination, struggling after that which you have toiled endless years to secure, striving to outdo you in each and every way. If such a competitor would work as hard to originate as he does to copy, he would much more quickly gain success.

To be a real entrepreneur you always have to be looking forward. The moment you rest on your laurels is the moment your competition overtakes you.

As an entrepreneur, if you're the originator, you need to be faster than ever.

I think television has always been one to replicate when something's successful. I don't think there's quite as much innovation.

You have a lot of companies developing stuff that's just derivative. If 'The Voice' is the No. 1 show on TV, they say, 'Let's do 100 different versions of 'The Voice.' The problem is, by the time you get to market, it's already saturated, and everybody hates the format.

As an entrepreneur, you never stop learning.

Well, you might as well imitate your own program because if you don't, someone else will.

There's nobody else that can double me - except for a doll.

If you start a successful company in China at 11 A.M., by 2 P.M. there's three more companies like it.

I was 26 when I invented the wrap dress. It was just a nothing little printed dress made out an jersey, and before I know it, I lived an American Dream making more than 25,000 dresses a week.

I think, as an entrepreneur, you have to see the unlimited amount of potential but concentrate on your day and just keep building.

If you have a business idea that's extremely easy to copy, that can often become something of a challenge or problem.

I look at building business as a creative process that I enjoy.

When did it become a problem to be a small businessman and become successful? The small businessman - like my father, or like me?

In my mind, there are too many copycat web products out there that are doing the same thing.

From the start, ProFounder was created to make sure anyone could be empowered to pursue their dreams through entrepreneurship.

If you're not a risk taker, you should get the hell out of business.

If you asked would I have done a startup in India, the answer is yes.

Pavel Durov only knows how to copy great products like Facebook and 'WhatsApp'; he never had and will never have original ideas.

Elon Musk is an incredible leader and entrepreneur. I have known him since 1995 when he first came to Silicon Valley.