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" Venture capital is an inherently optimistic form of investment - which is both its primary strength and its primary weakness. "
Neil Blumenthal
Strength
Weakness
Investment
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" Warby Parker designs experiences, not products. "
Neil Blumenthal
Products
Experiences
Designs
" Creativity is a business imperative. "
Neil Blumenthal
Creativity
Imperative
Business
" It may seem premature, but you need to be thinking of your exit from the moment you accept capital, because at that moment, you've made an explicit agreement with an investor that he or she will eventually be able to gain liquidity. "
Neil Blumenthal
She
Thinking
Accept
" Every moment contains an opportunity to create feelings of satisfaction and excitement in a customer. It's up to retailers to make it happen. "
Neil Blumenthal
Moment
Opportunity
Up
" 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
" Creativity is always intense. "
Neil Blumenthal
Always
Intense
Creativity
" From the beginning, we believed that it was possible to develop direct relationships with customers at a relatively cheap cost, and our plan was to build a lifestyle brand that was also an Internet company - a rarity for eyewear. "
Neil Blumenthal
Plan
Brand
Build
" When we were creating Warby Parker, for us it was about having a positive impact on the world and having a strong social mission. "
Neil Blumenthal
World
Strong
Positive
" Hackathons are an amazing way to engage the team, foster collaboration, and knock out great work. "
Neil Blumenthal
Way
Team
Great
" All companies - and not just startups - face the same eternal challenge: resource allocation. "
Neil Blumenthal
Face
Just
Resource
" 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
" 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
" At its best, entrepreneurship creates jobs, solves problems, and galvanizes creative thinking. "
Neil Blumenthal
Thinking
Best
Jobs
" 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
" I completely believe in the lean startup and minimum viable product; I just I think that people are setting the threshold for minimum viable too low. "
Neil Blumenthal
Just
Think
Product
" My grandfathers on both sides were entrepreneurs. "
Neil Blumenthal
Both Sides
Both
Were
" At Warby Parker, we ask ourselves a number of questions when deciding whether or not to partner up with a designer, or a nonprofit or brand. Is the potential collaboration new? Is it unexpected? Will it result in something worth talking about over dinner? Will it do good? Will it introduce us to a new audience? "
Neil Blumenthal
Collaboration
Partner
Dinner
" 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
" Building a consistent experience and firm identity was instrumental in our ability to swiftly build our online presence, open four stores as well as a mobile store in a converted yellow school bus, and launch six shops-in-shops. "
Neil Blumenthal
Experience
School
Identity
" Successful entrepreneurs are pretty methodical about the problem they're trying to solve. "
Neil Blumenthal
Problem
Pretty
Trying
" On the day it launched, Warby Barker received more than twice as many visits as our regular site. "
Neil Blumenthal
Than
Our
More
" It's impossible to predict crises - or to control them once they hit - but you can absolutely prime yourself to ride them out as best as possible. "
Neil Blumenthal
Control
Out
Ride
" Theoretically, an open-plan office is a great format for a changeable work environment, a place where employees have a say over how they work and a place that can adapt to their needs and to the needs of the business. "
Neil Blumenthal
Employees
Great
Place
" Asking for money can be especially intimidating. "
Neil Blumenthal
Intimidating
Money
Asking
" Share your personality with interviewers, but keep a professional filter safely adhered to it. "
Neil Blumenthal
Personality
Professional
Filter
" Florence Nightingale. She is one of the most dynamic social entrepreneurs in history. "
Neil Blumenthal
She
Social
History
" Self-awareness is a trait - or maybe 'practice' is the more accurate way to put it - that everyone can always improve at. It is part emotional intelligence, part perceptiveness, part critical thinking. It means knowing your weaknesses, of course, but it also means knowing your strengths and what motivates you. "
Neil Blumenthal
Thinking
Practice
You
" If you don't plan to dive in and dedicate all of your time to your startup, you probably shouldn't be looking for funding. It's hard enough asking for money when you believe in an idea; asking for money to fund something you're iffy about is ten times more strenuous. "
Neil Blumenthal
Time
Looking
Money
" A workplace that encourages self-awareness is an environment where the most productive, curious, and innovative people thrive. "
Neil Blumenthal
Environment
People
Thrive
" We've built our own technology platform in-house, which operates our website and powers our retail stores. "
Neil Blumenthal
Own
Retail
Stores