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JK

Justin Kan

05/17/19

@ a16z

The best entrepreneurs are those who stick with their vision for decades, creating lasting companies and value, rather than constantly chasing new trends.

Video

a

10+1 Lessons from Serial Entrepreneur Justin Kan

@ a16z

10+1 Lessons from Serial Entrepreneur Justin Kan

05/17/19

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The best entrepreneurs identify a handful of principles and master them over decades, rather than trying to learn everything at once.

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The best entrepreneurs combine a strong vision with a hunger for market truth, allowing them to iterate effectively based on user feedback.

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The most timeless qualities for entrepreneurs are resilience, passion, and the ability to lead through ambiguity, especially during challenging times.

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When founders stick to an idea for a long time, it demonstrates their perseverance, which is crucial in the challenging startup environment.

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Founders should think long-term about their commitment to the company. Those who plan for the long haul have a significant advantage over those who only consider short-term goals.

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The best founders are extremely focused and persistent, often trying different approaches until they succeed.

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I look for founders with a long-term vision, focusing on making customers happy and creating jobs rather than just getting rich quickly.

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Venture capital is unique in that top firms tend to remain dominant for decades, as the best entrepreneurs prefer to work with the best VCs.

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The most successful companies are those that create something valuable rather than just imitating others in the market.