Saturday, September 22, 2012

Business on its own Merit

I want to see business ideas that hold merit on their own -- not government handouts. I worked at Sequana Therapeutics where an entrepreneur was creating about his 30th start up.  He did over 50 start ups in his career.  I remember being in the room when he asked for business proposals from the group.  When he went over them, they all seemed to be government grants for money.  He dismissed the meeting with this comment ... I want to see business ideas that hold merit on their own -- not government handouts.  Please come back with some new proposals.  I think about our intention as a country when we attempt to stimulate the economy and dump billions into campaign contributor's pockets.  That is crony capitalism verses business on its own merit.  How we think does make a difference.

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