Feb.06
8:16 PM ET
Wednesday, 6 Feb 2008
More from Young Success Story Tyler Dikman
By Tyler Dikman
Here I am, sitting in the green room after the taping of The Big Idea reflecting not only on the amazing experience today, but what it took to get me here. It is rare when I get a moment of
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Business is successful only if you love doing it. From my lemonade stands, magic show business, working at Merrill Lynch, and founding CoolTronics, I saw an opportunity in the market for me to make some money and have fun. Every business I’ve run…every goal I’ve had… in some way I’ve failed…and caulked it up to experience.
On the show today, I was asked “What are the five things someone could keep in mind to make millions?” This was such a tough challenge to come up with only five things, as there are so many ways one can be successful. What it all comes down to is this: Have a great idea…get some mentors and solicit their advice…have fun with the idea…and most importantly: DO IT! Your great idea is completely worthless if you don’t give it a shot. You’ll never know what could have been if you don’t try. Plus, it's your idea. What could be more fun than taking something that you thought of and bringing it to fruition for the enjoyment of the city, state, country, or even the world.
I take the above advice to heart all the time. For example, last year a few friends of mine came to me and asked if I’d be interested in a venture-backed dotcom startup: Redux. The idea was for Redux to be the pioneer in the emerging People Discovery category. The company taps into the basic human need to connect, combining a unique software algorithm with a compelling media experience. I am not a web engineer, and didn’t have a wealth of experience starting a dotcom, but I did have experience running companies, creating partnerships, dealing with legal concerns, and finding the right people to which I could solicit advice. Despite the impressive business track record behind me, I was still a bit uncertain (and admittedly, nervous) about what was in store for me in this new undertaking. Today marks my eighth month at this company, and in those eight months I’ve learned more than I could have ever imagined while having an unforgettable experience I wouldn't trade for anything. Long hours are all part of the necessary process, but you only live once, and I know that I’ll only be successful if I seize the opportunities presented to me.



