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Lesson Learned: Egg and Bacon

A couple of years back I had the privilege of having breakfast with a very successful top-tier VC.  We met for breakfast at an upscale hotel in downtown San Francisco.  He is an avid skier and in incredible shape; therefore I was expecting to see a selection of health food on his plate.  To my surprise, he was having  fried eggs and bacon for breakfast. I could not resist and asked him about his choice of breakfast.  He laughed and explained that it was one of  his indulgences and it also served as a reminder for him.  My quizzical expression said it all and he started to explain.

The chicken was involved in the creation of the egg but the pig was committed to the creation of the bacon.  The pig died to produce the bacon while the chicken lived another day to lay more eggs.

He quickly acknowledged that when you have a pig, you need to investigate all options.  For example with a pig you have two options:  cut it up, smoke it and sell it as bacon or put lipstick and a dress on it and market it as Miss Piggy.  Either way you can make money, it just depends on that the market wants.

Needless to say I longer look at egg and bacon the same.

Lesson Learned:

  • I now ask my myself:  Am I committed or involved?
  • There are always options and as long as as there is a market, it is possible to make it work.
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