One of the biggest mistakes entrepreneurs make is not understanding the relationship they have with their investors. At times, they confuse VCs with their friends.

The Lean Startup is a process for turning ideas into commercial ventures. Its premise is that startups begin with a series of untested hypotheses. They succeed by getting out of the building, testing those hypotheses and learning by iterating and refining minimal viable products in front of potential customers.

Value Proposition Design is a 'must have' for anyone creating a new venture. It captures the core issues around understanding and finding customer problems and designing and validating potential solutions.

Schools reward their students for a combination of intelligence, perseverance, and hard work - in the classroom and on the playing fields. But these metrics don't help kids understand that great grades are not a pass for a great life.

It's a new era with regard to social media. It's just something that we have to adapt to and accept.

To be clear, people are the most important part of any classroom. If given the choice between a great teacher and the world's most advanced education technology, I'd pick the teacher any day for my own children.

If I did have social media, I would spend way to much time on it. It is way too addictive for me.

I got bitten by the free software bug in February of 1998 around the time of the Mozilla announcement.