In today’s age of fledging and cash rich Internet companies, it seems like a lot of entrepreneurs have lost focus of how to successfully obtain what it is they’re looking for. Is the spawn of your new company in the eye of profits and becoming a millionaire? Or, is your new company’s foundation based off your known expertise and passion? It seems over the past decade, it’s been more of the former than the latter. We all see and read of new companies without positive revenue streams being shoveled money every day. It’s easy to get lost in the glimmer of fortune in the wake of all of it. This entirely my point. The best road to success is to follow your passion, not the dollar you don’t yet have. When you do, the dollars will follow (we hope). It’s not a certainty of course, but it’s the fundamental catalyst any successful company needs to get their financial footing. It’s only my opinion, but here are a few (more) thoughts to keep in mind when starting your new business; online or otherwise:
Posts Tagged: Strategy
5
Apr 10
Building an Internal Combustion Passion Engine
Perhaps one of the toughest challenges of running an organization with a large tech team is how to kindle the passion it takes to make great products. Tougher still is understanding what it takes to foster this passion in the first place. I’m not talking about the default actions it takes to make sure everyone on a team wakes up in the morning and has it in them to make it to their first meeting on time with a good attitude. I’m talking about the passion that makes people think in the middle of the night about a problem. The kind that keeps the best interest of the company in the forefront of their mind with all the decisions they make. The fire that burns that makes you want to skip lunch to break through the solution you’re working on and if you do take a break, it’s spent excitedly cheering with your peers over yet another solved problem. It’s true passion; it’s natural, unteachable and unbridled.