A good mission and values statement should be specific and rigorous enough so that some competent players will feel a strong alignment, while others … - Reid Hoffman

In public market investing, as in many things, you achieve big success when you’re both contrarian and right.

A team in the business world will tend to perform at the level of the worst individual team member

As Paul saw it, the projections, the spreadsheets, the grand marketing plans were all secondary. First, you had to build something that a tiny cohort of users would love. If they loved it, presumably millions of others would, too. And since love tends to be shared, your product or service would have the best kind of marketing, the kind money couldn’t buy — and it would grow and grow. Paul’s point was that in order to build something Brian’s core user would truly love, he needed to meet them where they live — literally. He had to talk to them, listen to them, watch them, and try his best to understand them. And as Paul told Brian, this was the moment to seize that opportunity. “It’s the only time,” Paul said, “you’ll ever be small enough that you can meet all your customers, get to know them — and make something directly for them.” In 2013, Paul would codify this advice in his famous essay “Do Things That Don’t Scale,” which also serves as #6 of my Counterintuitive Rules of Blitzscaling.