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.