To change the world, startup entrepreneurs need to capitalize on the relatively small number of transformative opportunities they encounter early on … - Reid Hoffman

WORK TOGETHER TO ALIGN EMPLOYEE, MANAGER, AND COMPANY. Once everyone’s values and aspirations have been articulated, all parties should work together to strengthen the alignment between them. This is a collaborative rather than top-down effort. It’s not just a job for you, but for the employee as well. The good news is, working together on this can actually help build the long-term relationship.

for many people “twenty years of experience” is really one year of experience repeated twenty times.

Zara takes only two weeks to develop a new product and get it into stores — the industry average is six months — and launches over ten thousand new designs per year, a rate several times that of competitors like H&M and Gap. Zara holds just six days of inventory, while rival H&M holds nearly ten times as much.