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

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

Published: Sunday, 01 March 2009

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 the guys you’ll be willing to hang out with until 4am finishing off your business proposal?

Who are the guys that are going to push you to achieve at your best?

Who are the guys who are going to have you keep running when you feel like giving up?

One of the most important things you’ll have to do is choose your team. Successful founding teams usually have joint working experience before the company is started, and have complementary skills that are suitable to the needs of the business.

If you’re an engineer, it’s important to have a marketer; if you’re starting a technical company, make sure you have someone technical on board; if you know nothing about finances, it’s essential you have a good money-man. Whatever your industry and whatever your area of expertise, it’s important to mix with and be able to work with different types of people.

As well as having people on board who complement your skill set, make sure you have people on board who are doing what they love. Passionate people who see personal growth, who want to make a difference in the area and who are inspired beyond wanting to nicen up their resume and schmooze their way up the ladder are the best to have around.

The nature of the technology and your market determine to a large extent the path your business will take and the people you will work with a long the way. However, make the path as fun as possible by having people on board who are doing what they love, who share your company’s goals and who you’re willing to work with until 4am, because it’s no fun taking the ride alone!

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

  • Why you need a break

    Life gets busy.  You say 'yes' to things to fill up your life and your time and pretty soon your days are filled with back-to-back commitments.  And...

  • The worst that can happen

    When I was growing up, my mum earned about $20,000 a year to support herself, my brother and I.  By living very frugally and only spending money on...

  • Don't kid yourself on your priorities

    What are your priorities?  Work?  Family?  Relationship?  Start-up?  9-5?  Non-profit?  Volunteering?  Watching television?  Reading blogs?  Eating?  Meetings? Don't...

  • Over-exposure

    Telling people your plans too early doesn't make you less likely to achieve them.  I know when I tell people what I plan to do the response I get...

  • The meaning of no

    No doesn't mean… I hate you. You suck. Your project is stupid. You're not good enough. You're wasting your time on your project. You should be...

  • Chinese History Museum

    The Chinese History Museum invited me to be part of their exhibition on notable Chinese Australians. In February, over Chinese New Year, my mum came to...

  • 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...

  • Jevaroo’s neck

    Jevaroo’s neck is my favorite part of the robot. Jevaroo’s neck has a movement range of 25cm, allowing Jevaroo to reach for objects up to 170cm high...

  • Phoenix, Arizona

    I love exploring new cities! So I was super thrilled to visit Phoenix in Arizona, and speak at ASQ’s Lean and Six Sigma Conference as their opening...

  • Remembering Bob Paterson

    I flew from Cairns FNQ to Melbourne (a 3.5-hour flight!) for university. I didn’t have enough money to go to university. But I had faith in myself,...

Enter your email address to receive my latest blog posts: 

 

Scroll to Top