Are you in it for the money?

02.10.06 06:40 AM By S.Swaminathan

I see people around always discussing money - most of the time lack of enough. They are constantly looking at others saying how he or she makes more money. But, the ones who have made most money, don't seem to start wanting to make money. They start with what they are interested and excited about. Seth Godin has a post about this:

Woz wasn't looking to make a lot of money when he invented the Apple computer, and Nolan Bushnell certainly didn't imagine he was creating the video game industry when he invented Pong.

In fact, the more I think about it, the more it seems that pioneers are almost never in it for the money. The smart ones figure out how to take a remarkable innovation and turn it into a living (or a bigger than big payout) but not the other way around. I think the reason is pretty obvious: when you try to make a profit from your innovation, you stop innovating too soon. You take the short payout because it's too hard to stick around for the later one.

..people who want to join the pioneers are often focused on a steady paycheck and juicy options... they would probably be better off seeking the edgiest thing they can find, run by the most devoted visionary.

S.Swaminathan