Why We Do IT
If you ask me to name the proudest distinction of Americans, I would choose- because it contains all the others- the fact that they were the people who created the phrase “to make money”. No other language or nation had ever used these words before; men had always thought of wealth as a static quantity- to be seized, begged, inherited, shared, looted or obtained as a favor. Americans were the first to understand that wealth has to be created. ~ Ms. Ayn Rand
I’m not sure about you but every time I am asked why I do what I do – I always think it sure beats digging ditches. I mean really folks lets be honest here. Would you be doing anything else? Software is the most scalable profession this world has ever known and in this post July 4th blog I was thinking – wow America created the industry. The Epicenter of it all. I believe that creating software is the epitome if The American Dream. An Idea, A Computing Device and a Connection. It is complete freedom. There are no rules. The only rules are mandated via the compilers and processors. The one to many multi-cat aspect of creating software and now DataSpaces is completely scalable. Doctors, Lawyers, and in some cases Stock Brokers are not scalable as many times it is a one to one relationship and is a time allotment with respect to target audience. If your creation is a hit then there is a non-linearity for scale that cannot be duplicated. Then comes the after affect. Money.
Most do not set out to say – “Hey I am going to make some money.” Nope in the software world you say, “Hey wouldnt if be cool if <insert idea here>.” I am really getting tired of people trying to soften the aspect of the Extreme Capitalism in the software industry. So for arguments sake which I enjoy let us do a little play acting:
Entrepreneur: I am creating a Data As a Service company for Socnets
Venture Capitalist: So why did you found the Acme DaaS Corporation?
Entrepreneur: To save the White Hooded Wood Owl from extinction.
Venture Capitalist: Wow that is great I can definitely see my 10x return on this $10M Series A investment. Whoo Hoo! Lets do it! Woot!
Not realistic huh?
So lets step back here in a minute. If you want to be a philanthropist and have not inherited a ton of money then creating a really hot software company with a great exit is a way to get there so you can save the White Hooded Wood Owl. (DISCLAIMER: We are not being selective of wood owls please find the brown one here. In fact I do not think there is such thing as a white hooded wood owl).
So what should you say? Well Mr./Ms. VC I want to sell this and make a ton of…wait….keep guessing…. MONEY!
Don’t posture. Money Rules the game.