Professional Documents
Culture Documents
On Business Success
Given that there are so many
disruptive forces, what does it take
to run a successful business? As an
entrepreneur who built a start-up
into a successful billion-dollar company and now goes back to leading
a start-up, McNealy offered a sober
view of business success. There is
no shortcut to success. Luck certainly plays a part of some of Silicon
Valleys success stories where people
leverage on the right ideas at the
right time for the right customers,
and when they reach critical mass,
the market tips in their favor. However, no one knows when the market
will tip in their favor, if ever.
It is far better to take the tried
and tested formula at Silicon Valley where the right combination of
good ideas, smart people and lots
of money build the foundations of
success. Study hard. Be ready and
good with physical sciences. Get a
lot of really smart people [to work
together] and raise a lot of cash.
And that is the same advice he gave
his four sons, Maverick, Dakota,
Colt and Scout. It sure sounds like
good parental advice.