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" For better or worse, cash is the oxygen of your business, and you can't last long in any environment without it. "
Neil Blumenthal
Environment
Long
You
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" By creating a feedback culture within your office, you ensure that people continue to learn, grow, and challenge themselves. "
Neil Blumenthal
Challenge
You
People
" The key to an ideal workplace, in one hyphenated word, is this: self-awareness. "
Neil Blumenthal
Word
Self-Awareness
Key
" All those articles that scold Millennials for their supposed entitlement? Forget them. Millennials are great employees. "
Neil Blumenthal
Forget
Employees
Great
" For every Mark Zuckerberg and Facebook, there's 30 other entrepreneurs that started their business after working for several years. "
Neil Blumenthal
Started
Working
Business
" We all have a personal recipe for productivity. One person may need six cups of autonomy and just a pinch of collaboration. Another person may require heaps of sociability and noise, with just a teaspoon of occasional privacy. "
Neil Blumenthal
Collaboration
Privacy
Person
" For any collaboration to work, each partner must have a strong sense of identity. If one overpowers the other, it's like mixing lemonade with water - you wind up diluting the brew. "
Neil Blumenthal
Water
Wind
Identity
" During times of plenty - when venture funding is abundant and startups multiply like rabbits - every business looks like a winner. "
Neil Blumenthal
Business
Like
Looks
" Creativity flows when curiosity is stoked. "
Neil Blumenthal
Flows
Creativity
Stoked
" Nothing creates cool like scarcity. "
Neil Blumenthal
Like
Cool
Scarcity
" I personally try to buy the best-quality items at the best price that do the least harm and from companies that are striving to do good - many of those companies are run by young entrepreneurs. "
Neil Blumenthal
Try
Run
Striving
" I want to go at least 11 hours without food. I sat next to Hugh Jackman at a conference, and he told me he fasted 12 to 14 hours when he was training for the Wolverine movies. I've deluded myself into thinking I can effortlessly achieve the same body type as Hugh Jackman if I keep up this eating schedule. "
Neil Blumenthal
Me
Training
Thinking
" Avoid the 'squeaky wheel gets the grease' habit of overreacting to the loudest feedback. The first time you hear a particular piece of feedback, treat it like a clue and do some investigating. Find out how deep it goes - maybe it stops at the surface and won't be an issue, maybe not. "
Neil Blumenthal
Habit
Feedback
Deep
" I came to Washington primarily to meet other entrepreneurs. That being said, I was also curious to hear how our federal government was thinking about entrepreneurship. "
Neil Blumenthal
Curious
Government
Meet
" If you peek behind the curtain at any type of company, you'll see that things are far less organized than you'd expect. "
Neil Blumenthal
See
Far
Expect
" One of the core values of the startup world is that you must have a list of core values. Like all abstract ideas, they're easy to dream up and tricky to implement. "
Neil Blumenthal
Values
World
Ideas
" Every day, write down a few frustrations. And then at the end of the week, you'll have maybe 10 problems. By the end of the month, maybe you have 40 to 50 problems. And then you can spend time thinking about, Is there a viable business in solving any of these everyday frustrations? "
Neil Blumenthal
Business
Day
Time
" It's not easy to keep good sleep habits as an entrepreneur, especially at the early stages when there's always a fire to put out. "
Neil Blumenthal
Early
Sleep
Good
" Florence Nightingale. She is one of the most dynamic social entrepreneurs in history. "
Neil Blumenthal
She
Social
History
" It never gets old watching someone receive their first pair of glasses and regain their vision and their life. "
Neil Blumenthal
Someone
Vision
Glasses
" When my three co-founders and I started Warby Parker in 2010, our primary intention was to sell good-looking, affordable eyewear online. "
Neil Blumenthal
Three
Started
Good-Looking
" I wanted to open up a stand to sell dried fruit and beef jerky where we lived in Greenwich Village. I was 8 years old. I had been flipping through TV channels and got mesmerized by this infomercial for a food dehydrator. "
Neil Blumenthal
Old
Fruit
Village
" The trick to maximizing your team's productivity is to create a workspace that's flexible, so it can be altered according to the ever-changing needs of the company and its team members. "
Neil Blumenthal
Your
Company
Create
" Share your personality with interviewers, but keep a professional filter safely adhered to it. "
Neil Blumenthal
Personality
Professional
Filter
" At the end of the day, an entrepreneurial journey is all about de-risking: How can you spend the least amount of time and money to accomplish your goal? The more information you can gather, the more comfortable you'll be investing time and money into a particular offering. "
Neil Blumenthal
Day
Journey
Money
" Businesses should focus on solving problems, putting the customer first, delivering value - not gimmicks - and growing in a sustainable manner. "
Neil Blumenthal
Growing
First
Focus
" If faced with two competitive candidates, every company will hire the person who evinces more enthusiasm. "
Neil Blumenthal
Enthusiasm
Company
Will
" Self-aware employees make a self-aware company. "
Neil Blumenthal
Company
Employees
Make
" Warby Parker designs experiences, not products. "
Neil Blumenthal
Products
Experiences
Designs
" A workplace that encourages self-awareness is an environment where the most productive, curious, and innovative people thrive. "
Neil Blumenthal
Environment
People
Thrive
" When another editorial pops up denouncing millennials for some perceived generational flaw, I take it with a Miley Cyrus-sized grain of salt. "
Neil Blumenthal
Salt
Millennials
Flaw