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Archive for May, 2008
Be Good.
Paul Graham, one of our favorite authors about technology and business (and a successful entrepreneur himself) just wrote an essay which fits well into the way that we think about things at TransFS, entitled Be Good.
Basically his point is that small companies need to start with a serious mission to help their customers and be so committed to solving their customers’ problems that they would continue to do it even if they wouldn’t make any money.
Check it out, I think that many business owners will find this resonant. We certainly see the applicability to our business, which has consumed significant resources and won’t generate real income for some time. We, the founders of TransFS, are lucky that the success of our previous businesses have put us in a position to invest in this business solely because we are passionate about solving the problem. We are on a mission help small business owners shop for financial services more efficiently because its a problem that’s important to us. Hopefully, in the future we can generate some income from this mission.
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