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Here's what I have learned:
* Trust nobody at first. Feel people out for a good year to five years.
* Be sure to delegate some time to choke your competition- because given the chance, they too would do the same. Examples would be: bad-mouthing them, reporting them (in certain situations) and generally making things harder for them (just make sure you do it smartly).
* Don't spend all your earnings. Save some, invest some.
* Too much reading is wasted time, experience is better.
* Fail. Fail. Fail.
* Engage your users, make them feel special, make them loyal. USE them to promote you, even if that means you have to go one on one with every user you have, persuade them to promote you.
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