When they were ready to start what is Biosite today, it only took one phone call to raise the start-up funds. On this program, you've learned that, if you have a good idea, the most important ingredient to success in business is people and the first investors knew these men and trusted in them to make good use of the first round of cash.

Topic for Discussion: What does the phrase "success breeds success" mean to you?

Possible answers: People who accomplish one goal are likely to accomplish the next goal they set. Kim, Ken and Guanrs demonostrated that they have what it takes to build a company because they have already done it for others.

Also, success builds confidence and this quality is absolutely essential for a business owner. If you don't have confidence that your idea will succeed, you will not attract employees or customers. Sometimes confidence appears as arrogance to others.

One founder told us that a business owner needs a strong ego, not a big ego. He said that a person with a big ego is arrogant and doesn't see the value of others, whereas a person with a strong ego has deep belief that he can accomplish the task at hand.

A strong ego is attractive to others while a big ego is off-putting.

You think about it: What skill, knowledge or contacts do you have that you are not now using to grow your business?