Startups in One Sentence
Paul Graham posted Startups in 13 Sentences, but when asked to pick just one he chose:
Understand your users. That's the key. The essential task in a startup is to create wealth; the dimension of wealth you have most control over is how much you improve users' lives; and the hardest part of that is knowing what to make for them. Once you know what to make, it's mere effort to make it, and most decent hackers are capable of that.