It's challenging for founders to return to reality after being immersed in a dream of success, especially when the market changes unexpectedly. Founders must confront hard truths about their startup's reality instead of living in denial about their potential success.

It's crucial for founders to balance optimism with realism, especially in hype industries, to ensure their business can withstand various economic climates.

I believe that if you have a strong conviction about an idea at the back-of-the-napkin stage, you might be deluding yourself, but that self-delusion can be a positive trait for entrepreneurs.

As an entrepreneur, you must believe in your idea even when others do not, and sometimes you have to will your vision into existence despite external resistance.

Believing in your idea is essential to get through the hard days of entrepreneurship.

To succeed, founders should be optimistic but remain grounded in reality, avoiding magical thinking that detaches them from the actual challenges and dynamics of their business environment.

Every startup company is unlikely to work, and it's helpful to be in reality about that, but that doesn't mean you can't be optimistic.

Ambitious ideas within a startup can create an environment where it feels like you're going to take over the world.

Founders often ignore the reality of their startup's potential failure, which is an uncomfortable truth to discuss.