When evaluating new technologies, it's important to consider their long-term viability rather than just their initial hype.

Durability is crucial because most profits in technology companies are realized 10 to 20 years later, emphasizing the importance of long-term vision and endurance.

To avoid being outpaced by competitors, it's important to innovate and scale carefully, learning from past experiences to avoid repeating mistakes.

The concept of 'last mover advantage' is critical; being the last to innovate can lead to winning the market.

While new technology can create short-term growth, it's essential to remember that the fundamentals of building a sustainable business still apply.

It's important to innovate strategically based on what the customer truly desires, rather than just innovating for the sake of it.

Timing is critical when tackling problems; you want to be ahead of the field but not so far ahead that your ideas are irrelevant.

While being open is essential, it is not enough; innovators also need a high level of conscientiousness, which involves a strong commitment to applying themselves over many years to achieve significant accomplishments.

Consistency and persistence are vital for startups; small incremental progress can compound into significant achievements over time.