This discussion is one I recently posted on my other blog site called The Hamper. (www.thehamper.wordpress.com) It discusses a mindset that any business minded entrepreneur should have when considering their ventures. Enjoy! And visit The Hamper to learn more about my other blog!
In 1996 two PhD students at Stanford University had an idea, possibly very similar to an idea you may have developed recently. Their idea was larger than themselves, a vision of an internet tool that could revolutionize the “search” process. The two students knew that their idea to create a search engine which ranked search result relevance by number and importance of pages was very interesting and had much potential. But Larry Page and Sergey Brin did something that innovators too often fail to do: they took their theoretical idea and turned it into a reality. When Google was first launched, headquarters were in not in a corporate office building among other successful companies, but rather, in a garage that happened to be available in the boys’ California neighborhood. But that was 1998. Since then, the tech savvy duo transformed their garage-based search engine startup into a multinational corporation that serves as the world’s most popular, most famous search tool worth an enterprise value over $160 billion. But what are the chances of your company turning into such a valuable, large-scale, successful corporation? Maybe they’re not great…but I counter by suggesting that maybe they are. When operating out of a garage fifteen years ago, the university students who co-founded Google didn’t pull the plug on their project while staring in awe at the 20th century’s most successful startups. And neither should you. If you throw your idea in the hamper, your chances of success drop to 0%; the chance of failure just became your reality and you’ll find that you missed out on the experience of taking the shot at greatness.
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