I love first-time founders. They’re true believers focused on creating a better future powered by better ideas. They're ready to start a business, possessed with the passion and the grit to enter the arena and do battle with the specters of failure and loss.
When they succeed, they often really do change the world—and the bank balances of a lot of people around them. And it’s because I love them that I say, with all due respect: They make a lot of mistakes. And a lot of times, they make the same ones a thousand other first-time founders have made before them.
