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Last week I started a new feature on this site specifically for first-time entrepreneurs: A repository of quotes, tips and advice collected from around the web, but also contributed by some of the most experienced and respected minds in entrepreneurship, technology, and venture investing. I have been posting (and tweeting) at least one of these tips per day while providing pages where entrepreneurs can access most of the tips at any time.

In the process of soliciting quotes and advice from the experts, I stumbled across a fun idea inspired by a submission from one of our experts. Our expert, investor, mentor and widely respected thought leader and blogger Francine Hardaway, replied with some nuggets of valuable advice:

Incur no overhead before its time.
The best funding comes from customers.
It’s the team that gets funded. The product will change.
Traction is the best revenge.

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