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I was in a mentor talk over the summer and this veteran business-man who has turned a few failing companies into successful ones, and walked into his current co
by joshmlewis 14y ago
I was in a mentor talk over the summer and this veteran business-man who has turned a few failing companies into successful ones, and walked into his current company with hardly no pay and turned it around gave an interesting tid bit of advice.
He drew three overlapping circles and they were:
What am I passionate about? What can I be best in the world at? What drives the economic engine of it?
He said it takes all three to have something successful and sustaining. If it's just passion and being the best but there's no money making engine, it's just a hobby. If you have an economic engine and passion but you're not the best, it will never grow past a certain point. If you're good at it and you can make money, you'll hate it after awhile.
Now I personally like to believe that if you're the best in the world at something you're going to make money, but that's career wise, I'm talking about business wise. I feel a lot of companies are lucky that don't have a solid business plan but have become uber successful. The risk is certainly there, and it will probably tighten the gap of repeatability in the near future as well. All this to say, find your passion, be good at it, and figure out how to make money from it.
- ryanmolden 14y agoThe whole "best in the world" schtick just seems like such pablum, and most people espousing it aren't best in the world at anything. The arrogance required to think you can be/are (literally) the best in the world at something is astounding. I mean if it is intended solely as an aspirational/inspirational idea you have in your own mind that is fine, but actually, legitimately, thinking that just seems to border on delusional, or seriously myopic. I heard a great quote today that is almost the opposite of this: "There are no great men, just great challenges which ordinary men, out of necessity, are forced by circumstances to meet" - William Halsey That seems like a much greater view than "you'll only succeed if you are the best in the world", which pretty much translates to "why bother" for just about everyone, because almost no one is objectively "the best in the world"