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Sainthood emerges when you can listen to someone's tale of woe and not respond with a description of your own.
Andrew Mason
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Andrew Mason
Age: 54
Businessman
Entrepreneur
Mount Lebanon
Pennsylvania
Andrew D. Mason
Listening
Sainthood
Listen
Emerges
Someone
Woe
Tale
Description
Respond
Tales
Saint
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If you laugh a lot, when you get older your wrinkles will be in the right places.
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When you think of couponing, you picture a mom cutting coupons out of the back of the newspaper.
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Globally local commerce is a $12 to $14 trillion market. If we get 10 percent of that, we'll be very happy.
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Groupon as a company - it's built into the business model - is about surprise. A new deal that surprises you every day. We've carried that over to our brand, in the writing and the marketing that we do, and in the internal corporate culture.
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One thing I've come to learn about myself is that I have to keep going.
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I think if there's any difference between me and a traditional CEO, it's that I've been unwilling to change myself or shape my personality around what's expected.
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Once you have something so deeply infused in your culture and your brand, it would be very difficult to reverse that inertia if you wanted to.
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After four and a half intense and wonderful years as CEO of Groupon, I've decided that I'd like to spend more time with my family. Just kidding - I was fired today.
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I didn't realize how hard it was to run a small business.
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Admit your errors before someone else exaggerates them.
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If you don't have those moments where you go too far, then you're probably not going far enough.
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In the arts they call it plagiarism, in business they call it competition.
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A lot of people can raise money.
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Most small business owners are not particularly sophisticated business people. That's not a criticism they're passionate about cutting hair or cooking food, and that's why they got in the business, not because they have an MBA.
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I think the big thing about Groupon is just people had never seen anything grow quite so fast.
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Local commerce, without question, will be one of the fundamental use cases enabled by mobile devices over the next several years.
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I just like to build things and do things.
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I never thought of myself as an entrepreneur before I started this. I just like to build things.
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You're building a tool, not a piece of art. Don't be blinded by the vision.
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Hire great people and give them freedom to be awesome.
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