Things an entrepreneur should do:
1. listen to customers (put yourselves in their head), e.g. Zappos, everyone works in customer service for 4 weeks when they join
2. Stack rank top problems and top people every few weeks
3. Frugality is easy without VC money, (think of it as a loan)
4. Moving quickly, split decisions amongst founders
5. Have a strong CEO, it makes a big difference to have the best sales person to deal with outside view of the company, titles are not important internally.
6. Focus, ideas are abundant, don’t spread yourself thin
7. Hiring and recruiting at top of priority list. This is not taught at school, taught stuff like problem sets. Judging people is the most important skill you can learn in life.
