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by weinzierl
4228 days ago
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That's true. The only founder story I can think of that doesn't fit into the pattern is Scott Adams'. Here's the counterargument: When I was a commercial
loan officer for a large bank, my boss taught us that
you should never make a loan to someone who is
following his passion.
[...]
My boss, who had been a commercial lender for over 30
years, said that the best loan customer is someone who
has no passion whatsoever, just a desire to work hard
at something that looks good on a spreadsheet.
[...]
On the other hand, Dilbert started out as just one of
many get-rich schemes I was willing to try. When it
started to look as if it might be a success, my passion
for cartooning increased because I realized it could be
my golden ticket.
http://online.wsj.com/articles/SB100014240527023046261045791... |
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We're all passionate about a lot of things that simply aren't commercially viable.
I sell rental application software for a living. It's necessary, a part of the industry, and not something I'm particularly passionate about in subject matter. I AM passionate about doing the absolute best job by a mile and providing the incontestably, incontrovertibly, unambiguously best option on the market for our customers.
Almost EVERYTHING I do (and the awesome people on my team do) has nothing specifically to do with rental application software. Rental application software is just a widget that we sell that has commercial value and therefore pays the bills.
What we do is: software delivery, customer service, operations, listening to our customers, and a bunch of other stuff that is immediately translatable to <any other widget>. But we do the absolute best in industry at those things.
So I'm not really passionate necessarily about "what I do" in the way people thing (rental application software), but we're really passionate about "what I do" in the way that I think of it (running the best damn business).
Rental application software is just this tiny, tiny, tiny kernel of a thing makes it easy to classify what we do into an industry or subject bucket -- but for what we deliver, what we think about, what we REALLY DO, that tiny kernel occupies less than 5% of our thoughts.
I have on more than one occasion heard founders (maybe in the process of pitching for investment dollars) say things like:
> "This is my life's work. I'm passionate about _____"
Where ________ is something like:
etc...If they are saying that to convince someone you're all in on it, I get it. I've pitched/sold before. And don't get me wrong, those are important things for someone to do. It's just not really necessary or important to me that those are things that the founder is deeply passionate about.
Yes, I would MUCH rather invest in someone who is truly passionate about that boring thing. But:
1. If it's true, that person is probably awful boring (or alternatively, I have been blessed with really awesome and interesting friends!), and
2. Coupling your financial future to the commercial viability of "what you're passionate about" still strikes me as terrible advice, though admittedly feel-good advice that resonates with a generation of people accustomed to excess disposable income and who consequently have had the ability to pursue passions.