Learning From Experience

My father once said “Always try to learn from other people’s mistakes. It saves you a bunch of time.” But he could have also said “Learn from other people’s success. It saves you a bunch of pain.” When looking for mentorship, finding someone who has proven themselves and whose advice goes against conventional thinking is a good tactic. My friend Ray Zinn is that mentor. It is hard to understate what Ray has accomplished in business … and in life. He founded a semiconductor company in Silicon Valley without venture capital. He ran that company as the visionary founder for 37 years. He was profitable the very first year, and for every year thereafter (except for one year during the dot-com era meltdown, and the one “unprofitable” year was due largely to a write-down for shuttering an extra fabrication facility). His company had the lowest employee turn-over rate in his industry, and likely … Continue reading