My Internet Notebook

a journal on software, mobile, marketing

Archive for the ‘Entrepreneur’ Category

Entrepreneurial Quote – Peng Ong

leave a comment

Here is a quote I like regarding risk-taking as an entrepreneur. It was an old interview by Sramana Mitra (http://www.sramanamitra.com/2006/11/12/serial-entrepreneur-peng-ong-part-1/) of Peng Ong, who founded match.com, interwoven.com etc.

The biggest risk to me is not that I loose money but I do not make use of the time I have as effectively as I can. When you look at it from that perspective it is very risky to get a regular job, not learn anything and not to experience very much. From that perspective, losing all of my money is lower risk to losing all of my time.

Interestingly, Peng Ong made his first fortune working at Sybase and Illustra. But he was essentially a serial entrepreneur who was able to spot opportunities to solve problems from his prior experiences.

Written by Y.

May 25th, 2009 at 10:38 pm

Posted in Entrepreneur