Lessons from Silicon Valley to Brussels
Saturday, November 26, 2011 at 4:24PM Most entrepreneurs in Silicon Valley know that having a very good idea is not enough to secure an investment. Not even having a good prototype is enough. Investors look at you and your team more than anything else.
The reason why this happens is because ideas are just the beginning. They will become guidelines, inspiration and vision, but the product that will reach the success might be very different from the original concept.
Investors want a management team able to change with the circumstances, in other words, they want flexible people able to adapt to different environments and situations. They want people able to take strong decisions even if they require a strong change in their original direction and ideas.
What is happening in Washington and in Brussels during the last months is the clear example of what investors don't want. Inflexible people unable to adapt their ideas when the situation requires it. And the obvious result is the market falling strongly due to the lack of trust that people have in the politicians.
I am not making a value judgement of the political ideas. They might be good or not. I am not making a value judgement of the intentions of the politicians either. They are for sure very good. But the ideas that should be a vision and a guideline, have become a prision for their minds, and this can only have bad consequences if they don't change. Sometimes you need to take decisions that go against your convictions in order to achieve a better good.
It doesn't matter where you are or what you do. When the situation requires you to change and adapt, you must do it without hesitation. In politics this fact might not have personal consequences for you, although it will have consequences for the society; in business you will pay your stupidity with your bankruptcy.
The author of this blog is part of the team who created the first Electriccar Simulator for iPhone called iEV. With this iPhone App people is able to know which Electric Car is good for them before buying one, helping them to save money.

