• 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

  • Hot Desq

    My company, aubot, was recently invited to go to Queensland for 6 months, as part of Advance Queensland's Hot Desq program, to inspire local...

  • Burnout

    I think that burnout happens when you set a goal, you work really, really hard to achieve the goal, and then the deadline comes and you haven’t...

  • Don't career plan

    No one knows what will happen in the future.  Just do your best at what you're doing now.  Then consider your options at the end of this project....

  • A co-founder worth fighting for

    My co-founder didn't want to work on my next start-up idea with me because he was too tired. I didn't want to work on his next start-up idea because I...

  • 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...

  • Non-profit founder critics

    Why are people so critical when young people start non-profits? Time and time again, I hear people say, "there are enough non-profits out there....

  • Losing focus

    From an organisational point of view, it's better to focus on doing a small number of things right, than a large number of things wrong. In...

  • Don't focus: search for something that sticks

    During my second to fourth years of university, I worked on Nudge, mew and Robogals.  I did various projects with all those initiatives over that...

  • Orlando

    I went to Orlando and gave three speeches in 4 days! I spoke to Baxter Healthcare virtually about failure - my failures, failing fast, failing...

  • 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...

Enter your email address to receive my latest blog posts: 

 

Scroll to Top