Our educational system is not preparing people for the 21st Century. Failure is an essential part of entrepreneurship. If you work hard, you can get an A pretty much guaranteed, but in entrepreneurship, thats not how it works. – Eric Ries
Except in very narrow cases, where theres breakthrough science that needs patent production, worrying about competitors is a waste of time. If you cant out iterate someone who is trying to copy you, youre toast anyway. – Eric Ries