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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