• 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

  • In the news: Entrepreneurship in Australian universities

    My business partner Mark Parncutt was quoted in this article in StartUp Smart about the state of entrepreneurship in Australian universities.  Happy...

  • Škoda - Brilliant Not Famous

    Car company Škoda decided that I am "brilliant not famous", and created this content piece video to show the strength of their convictions.  :P...

  • A regularly pleasant airport experience

    One day, as if overnight, all the airport check-in people and desks disappeared.  In their place appeared computerised self-tagging stations.  Across the...

  • 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...

  • How to choose your projects

    Ask yourself: 1.  What do I want to learn? 2. What do I already know? Then: 3.  Devise a project you’re interested in that involves others - Create a...

  • Pebble Beach Authors & Ideas Festival

    I was invited to speak at the Pebble Beach Authors & Ideas Festival (PBAIF) in Pebble Beach.  What a stunning part of the world!  Most other speakers...

  • Greater than 0.00%

    No matter what choices you make every single day, life is unpredictable - everything is unpredictable. So all you can do is prepare the best you can...

  • Impressed

    People are impressed by what they can't do. Hence I'm impressed by discipline.  Someone who can do the same action every day.  Such as swim, run, get...

  • 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...

  • SBS Small Business Secrets

    SBS came and filmed a short segment at the 2Mar Robotics office for their SBS Small Business Secrets program.  It aired on 23 October. Watch the...

Enter your email address to receive my latest blog posts: 

 

Scroll to Top