Startup 101: Can you give what it takes?
![zd-defaultauthor-zdnet-staff.jpg](https://www.zdnet.com/a/img/resize/7087afe5cd89377807bbbc5fd0463fbab2ff251b/2014/12/04/e51c8bfa-7b73-11e4-9a74-d4ae52e95e57/zd-defaultauthor-zdnet-staff.jpg?auto=webp&fit=crop&frame=1&height=192&width=192)
Maybe it is the fact that my wife is giving a radio interview this evening on what it took to start her online maternity store. Or perhaps it's because I've been rubbing shoulders with a number of startups these past weeks at work that prompted this post.
In one of those moments, all the messages seemed to ask the same question: "What is the one quality that successful business leaders have?" The answer, it seemed, is the steely one-tracked mindedness to change the world--all the stops would be pulled out, even to the death.
Apple's Steve Jobs said, while attributing death to help him make the most important choices: "Because almost everything--all external expectations, all pride, all fear of embarrassment or failure--these things just fall away in the face of death, leaving only what is truly important."
Bob Parson of GoDaddy saw 90 percent of the US$60 million he sank into the company disappear. In the face of imminent failure, he decided to go for broke because he saw the worst-case scenario as not being that bad. Eventually, he turned the company around.
Last week, I heard a senior lawyer tell young lawyers in small firms that if they wanted to grow their firms, they should take the pain and risk--if they believe they can change the world.
The business fields may be different but the message is common: the way you face your greatest giant is what determines your upward bounce, failure may not be as bad as you fear.