• Blog
  • Archives
  • Bio
  • Awards
  • Speaking
  • Book
  • Contact

Obviously successful

Published: Sunday, 28 April 2013

"We would have bought your company."

"You just got lucky because it was the right time for that kind of thing."

"All the elements in the industry were just lining up when you started your company".

 

If a project is successful, in hindsight, it was very obviously the right thing to do.

If McKinsey buys your company, JP Morgan, in hindsight says, "we would have bought your company.  We would have paid more for it."

A successful acquisition makes the transaction seem like a good idea, in hindsight.

If a company is successful, people analyse it for the timing, industry, other external factors.  But that's just one side of the equation.  The other side is a small team of people, building knowledge in an industry, establishing a solid reputation, accumulating expertise at their jobs;  they are biding their time, and slowly working towards creating a market that is receptive to their product.  When the market reaches a tipping point, they are ready for that as well.  And they ride that wave to success.

And other people will look back and say, "weren't they lucky to be in that industry at the time?"

About Me

Marita ChengForbes named me a world's top 50 woman in tech & 30 Under 30. I founded Robogals and Aipoly and was Young Australian of the Year 2012. Currently working on robotics company Aubot. I'm the youngest Member of the Order of Australia (AM) and I give speeches around the world.

I tweet @maritacheng and I'm on Facebook.

Subscribe

Enter your email address to receive my latest blog posts: 

 

Random Articles

  • Choose Maths

    Choose Maths is an exciting 5 year, national project designed to empower and encourage Australian students (in particular girls) to pursue...

  • Ogilvy

    A lot of successful entrepreneurs dropped out of school (Richard Branson) or university (Bill Gates).  But Ogilvy, who went on to become a famous ad...

  • Complaining is silly

    Either act, or forget. Talking about someone else behind their back makes no difference to them, and all the difference to you. Your friends have to...

  • How in(credible) are you?

    In order to be incredible, you first have to credible - to have people who trust you and your ability.   The winner of the 2007 TED Prize was awarded $100...

  • Choose

    When I was in my final year of high school, my family couldn't afford to send me to university, so I looked for scholarships that would enable me to...

  • Hardy Group interview

    The Hardy Group invited me to speak with them about healthcare, robotics and leadership.  Here I am riffing about those topics!

  • Unless people you’re working with support you, you are going to fail

    Who are the guys that you are going to have pizza with when you successfully raise capital? Who are the guys that are going to inspire you? Who are...

  • YouthActionNet Global Fellowship Day 6: Succession

      We spoke about our succession plans today.  We did a great activity:  if I were to leave Robogals on November 6, one month from now, what would I...

  • AI Most Influential Woman in Engineering 2000-2020

    This AI named me the 29th most influential woman in engineering from 2000-2020! It looked up frequency of my name being mentioned alongside an...

  • The stars won't align

    I was thinking and plotting and planning my startup. When to begin.  Was it too early?  Was the market ready?  Would I waste my time?  Would I waste my...

Enter your email address to receive my latest blog posts: 

 

Scroll to Top