Creative LeadershipCreativity

Money Doesn’t Solve Problems

I read a great quote recently from the folks at Sequoia Capital, one of the top venture capital firms in the country:  “Don’t throw MONEY at problems, throw IDEAS at problems.” What a good reminder of what we so quickly forget.   The answer to your problem isn’t necessarily money, it’s more than likely a better idea.  How many leaders do you know who try to solve problems by throwing money at them?

Money is important.  In fact, I’d like to have a lot more of it.  But unless you have a rich relative, you should realize that  money comes from great ideas.

Stop obsessing about money, and start obsessing about great ideas.  When you invest in ideas and the people who develop them,  your chance of success will be much higher.

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4 Comments

  1. Great thought here Phil… When there’s no money, you’re forced to think of ideas outside the box in order to make it happen. Where there’s a will, there’s a way.
    Our government could learn from this train of thought regarding programs they financially support including our education system.

  2. As mentioned in a previous post about money and consultants, I ran out of ideas and paid money to a consultant to come up with new ideas to solve some problems.

  3. This is a good thought to ponder on, but I think some people might take this the wrong way. Money doesn’t come directly from great ideas. You can only get rewarded financially once you attain success. Still, it all boils down to the way you think. Thanks for the inspiration, Phil!

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