Tuesday, March 25, 2008

Startups and Baseball

Today is a great day already, and as I type this it is only 8:30AM here on the West Coast. That's because my beloved Boston Red Sox (that would be the 2007 World Series champion Red Sox!) already opened up their 2008 season, and are already 1-0! The Sox opened up in Japan at 3AM PT vs. the Oakland As. I woke up at 4AM, couldn't go back to sleep, so wandered downstairs to see the game. After tying the score in the 9th inning, the Sox scored 2 runs in the 10th, and after a shaky bottom of the 10th hung on for a 6-5 victory.

Baseball is a great game, and there are many parallels between baseball and a startup company. For one thing, you never know when something exciting is going to happen. Next, there are numerous ups and downs over the course of the season: winning streaks, losing streaks, big wins, and crushing defeats. The good teams are resilient and bounce back. A baseball season is a marathon, not a sprint. Even the best teams lose almost 40% of their games, and the best hitters fail in 65-70% of their at bats. To succeed in baseball, and in a startup, you need to have a solid gameplan, get the right personnel in the right positions, and then keep focused on the end goal in spite of the ups and downs. You have to understand that the ball will not always bounce your way, but if you stay focused and persistent you have a good chance to win. Here's to a successful 2008 for the Red Sox AND for iMiners!

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