• 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

  • Singularity University Reunion

    Great to go back to San Francisco in August for our Singularity University’s Graduate Studies Program Reunion. So proud of my classmates, their...

  • Networking effectively

    I meet people all the time. In the past it was at entrepreneurship networking events when I was starting up Nudge.  Then, it was at engineering...

  • How successful are you?

    “I go to Imperial College”, “I’m applying to MIT”, “I play bowls for my county”, or “I’m a pro-series gamer” means nothing to the person who doesn’t know...

  • Hundreds of decisions everyday

    Answer the phone. Reply to the email. Follow up with the guy you met last week. Go to the meeting. Don't go to the meeting. Don't become a board...

  • Sole founder or co-founders?

    I was starting up my new start-up and I was finding it hard to get my desired co-founder to commit.  So I thought back over my experiences of the...

  • How to figure out what to do with yourself

    As the Cheshire Cat says, "if you don't know where you're going, any road will get you there." In my Engineering Analysis A class (an engineering...

  • Nexus Impact Accelerator Fellow

    I spent the last few days of February in Washington DC attending the Nexus Global Summit as a Nexus Impact Accelerator Fellow. NEXUS is a global...

  • #TechMyWay with Ashton Kutcher

    Spoke at a Lenovo event by myself for 12 minutes and then on a panel with Ashton Kutcher.  Met with Hollywood’s Steve Jobs and had a yarn about...

  • 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...

  • 24 hours and QANTAS Magazine

    I did an interview at the beginning of the year about 24 hours in the life of me.  I've copied and pasted the text here below.  Enjoy! For robotics...

Enter your email address to receive my latest blog posts: 

 

Scroll to Top