"What Are You Doing?" - What It's Worth

There's nothing like success to inspire and motivate. So for all of you who think you have to have a full blown business plan including detailed descriptions of how you're going to make money, think about drawing some inspiration from this company.

When you're running a company that has virtually no revenues and no profits AND Facebook reportedly wants to buy you for a half a billion dollars, then I'd say you're heading in the direction of financial success.

Yes, Twitter, the company started in March of 2006 (and launched incidentally 4 short months later in July 2006), and helps you answer the question "What Are You Doing?" in 140 characters or less is the latest darling of the venture capital world.

Now a couple years ago when I first heard of Twitter, I thought, this idea will never fly. If only for the fact that I wondered who on this planet was so interesting that I would want to get multiple updates from them on a minute by minute basis.

Setting aside the self imposed fear of being branded a micro-manager, I have never sought to know what anyone (Kate Hudson included) is doing every minute of the day.

So the inspirational take away for today is, you can start with a simple idea, not have a detailed road map for how you will ever generate revenue nevermind profits and still be chased after by the big boys. Gives you hope doesn't it?