Wednesday, November 29, 2006

A few words of wisdom from Internet Millionaire

I had an honor to meet the founder of Internet Security Systems, who sold the company for 1.5 Billion dollars to IBM. That is billion as in B. And here are a few words of wisdom shared when asked what is the profound advise you would give.

Chris Klaus of Internet Security Systems.

1) Setbacks are actually the step forwards. What you may see as a setback at that time may actualy be a greatest thing that had ever happened to you. So always look at it for what it is in the eye and move on. Dont be dicopuraged or disheartened and STOP.

He gave the example of how he went to work for a university. They would make him work but not pay him because of some weird funding issues. So Chris worked there cribbing for sometime but neverthless continued to work there and developed this system to block hackers. Which he was able to market it and develop into a company. You see if he had been paid, that software would have become the Intellectual Property of the University.

I guess it worked out ok for him keeping tab of all the dollars and cents.

2) Knowing when to take the right risk.

3) Find and partner like minded people.

4) Be happy and develop a culture of play at work.

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