• 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

  • No overnight success: Geoffrey Rush

    When I was touring schools with Geoffrey Rush and we were answering questions in front of hundreds of kids, lots of them said, "I really what to be...

  • Foxconn H.Spectrum Taiwan and M.A.P CEO Philippines

    On 28 August 2016, I was invited to Taiwan by Foxconn to speak at the H.Spectrum by Yonglin Healthcare Startup Conference.  I gave a 15-minute...

  • Insights from another student entrepreneur…

    Kieran O’Neill started up holylemon.com, a sight that shows funny videos, funny movies and funny videoclips when he was 14, and sold it for US$1.25...

  • InStyle and Audi Style Scholarship

    On 13 May, I was named the InStyle/ AUDI Style Scholarship recipient.  Here’s my spread in InStyle magazine.  Thank you to AUDI and InStyle magazine...

  • Think about you, think about me

    People don't think about you.  They're too busy worrying about how you think about them.

  • Clarity in thought

    Clear away some space and time for yourself. Without the pressure of someone bursting in and occupying your space. By giving yourself the time and...

  • Why everyone dolls out the same advice

    "Follow your passions." "Dream bigger." "Focus." "You can get there with hard work." "Do what you love because then you'll never have to work a day in...

  • Learn so much from done

    Whenever I read a business book, I always think I've got the general gist of it and put it down sometime through.  Otherwise, I read it...

  • Obviously successful

    "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...

  • NBN STEMpreneur

    The NBN Stempreneur Initiative is a virtual learning program for kids in eight regional schools. It shows young people the breadth of opportunities...

Enter your email address to receive my latest blog posts: 

 

Scroll to Top