One thing I do know is that making money is not the same as starting a business. For entrepreneurs, this is an important thing to understand. Most of us identify with the products we create or services we provide. I make software. He is a headhunter. She builds computer networks. But the fact is, all of us must master one skill that supersedes the others: making money. You can be the most creative software designer in the world. But if you don’t know how to make money, you’re never going to have much of a business or a whole lot of autonomy.
Amazing column this month in INC by Jason Fried of 37 Signals. I’ve met several people who I would say just have the skill of making money, no matter what they are working on. There’s no question it is a skill, but I realized reading this that I viewed it more as a born talent. That is, in the back of my head I always viewed making money as this thing certain people were just born knowing how to do. That doesn’t make sense…it can be developed and learned through practice like anything else.
It's easy to convince yourself that you just need X before you can really start doing what you want. X can be money, can be experience, can be a status, but X is never necessary.
Loved this quote from Adam:
The idea is 10% of the whole puzzle, day to day execution is the other 90%……Any successful company is just a mountain of little decisions, and so going and making sure you’re approaching each of those decisions with focus and commitment is the most important part of succeeding.