All in Entrepreneurship
This month's podcasts focus on war stories, recounting situations and experiences that were unique, intriguing and (always) educational.
In today's episode, I share a story from my early days in Management Consulting and specifically about working with a partner who, seemingly, liked to talk in riddles. There was, of course, a method to his madness, as I discuss on the show.
One of the things I love about kids is their ability to just go after something they want.
Put a paintbrush in their hand and they create. Give them an instrument and they play without reservation. Ask them to tell you a story and they simply do it. They don’t worry about their technique, or their current skill level, or how their artistic choices will be perceived by the world.
More often than not, we tend to judge how a particular situation will turn out based on how easily that outcome comes to mind, which is influenced by what we’ve seen, experienced or heard most recently.
This is called the Availability heuristic or Availability bias, which suggests we weigh our judgements towards the most recent news.
Reiss Nelson is a 20 year old up and coming English footballer, who plays as a Forward for my club, Arsenal FC.
On Saturday, he came on as an attacking substitute in the 82nd minute of the 2020 Community Shield game, the traditional season opener when the prior season’s League Champions (Liverpool this year) play the FA Cup winners (Arsenal). At Full Time, the score was tied at 1-1 and so the game went to penalties.
The thing about respect is that it isn’t something that’s bestowed upon us. We can’t simply expect respect as some sort of birthright, a product of our position or title or so-called standing. We have to earn it.
Our actions and behaviors are what enable us to earn it, enable us to command respect. That’s all on us. We own all of our outcomes.
This month's podcasts delve into the seeds of entrepreneurship, where these crazy ideas come from and what they mean for us, as entrepreneurs.
In today's episode, I reflect on article I read about Lauryn Hill and the importance of creating art for yourself and not for anyone else. This is true of all truly great creators - not simply in the Arts but in business as well.
If you look at your role and what you do on a day to day basis, the fact is that at least 70% of your time should be focused on doing your core work.
To say it more clearly, there’s typically one thing that is the raison d’etre of our work, and the vast majority of our time should be focused on that specific thing.
You know, the older I get, the less patience I have for the idea that we should let anyone or anything other than ourselves be the guide for what we do. That the perspectives of others are, at best, suggested inputs, and at worst, detrimental guidance (intentional or otherwise).
And the reason for this loss of patience is that I have grown tired of my own personal issues in this regard.
This month's podcasts delve into the seeds of entrepreneurship, where these crazy ideas come from and what they mean for us, as entrepreneurs.
In today's episode, I discuss the nature of ideas, and specifically great ideas. What is it about great ideas that makes them endure? What kind of environment allows such ideas to break through? What do we need to keep in mind to make sure these ideas break through?
One of the things I love about kids is that they just get started.
Ask a 5 year old to paint, and they don’t worry about what they’ll paint, their technique, the precise color mix or anything else. They just grab a brush, pick a color and get going. No times wasted thinking, analyzing, pre-judging. They just do.
As we get older, we lose this. Too much thinking, analyzing and pre-judging. Before we’ve even tried.
"We're a technology company that happens to be in Home Loans."
I heard a CEO say this on TV recently and I have to say, it irked me. Is that what his company did? They delivered ‘technology’? What the hell does that mean? Isn’t tech a means to an end, and not the end in and of itself? Does his company exist to knit together bits and bytes and provide hardware or software?
This month's podcasts delve into the seeds of entrepreneurship, where these crazy ideas come from and what they mean for us, as entrepreneurs.
In today's episode, I talk about ideas and how the great ones are - and should be - polarizing. They should engage or enrage, but nothing in between.
Is it that we don’t believe we deserve to be ambitious? Or is it the fear that we are likely might fail?
Which one explains why we don’t wholeheartedly commit? Which one explains why we become “dabblers” - just dipping our toes in the water but not really getting wet?
Something stops us from committing ourselves, which seems a worse fate, to me, than even trying in the first place. We pretend to engage, to get involved and take on the goal, but really we’re not.
If you’re going to be in business, then you can only be in business to solve problems.
What I mean by that is that you aren’t doing what you do to simply ‘do work’, or to run a business (for all of the budding entrepreneurs out there).
You’re doing what you do because it helps your customer tackle a specific issue, something that they’re willing to pay good money (or some other form of consideration) to have tackled.
This month's podcasts delve into the seeds of entrepreneurship, where these crazy ideas come from and what they mean for us, as entrepreneurs.
In today's episode, I talk about where ideas get their start. Many times, we think of successful businesses as always having been full formed, from origin through execution. The reality is that it all starts with a hunch.
This month, the podcast is focused on talent, specifically what we can and should expect of our people, as well as how we evaluate and manage them.
In today's episode, I close out the month by talking about standards and the little compromises we make to accommodate this or that particular team member. It's far better to raise the bar, set our own standards and bring our people with us.
I’m not a big fan of the TV show, Shark Tank. It has too much of a contrived, over-the-top vibe to it with an extra helping of meanness served up by a couple of the “sharks”. I also don’t like it when entrepreneurs with good ideas give away too much of their company in return for, at least what I perceive as, too little in return. (You can chalk this off as the grumblings of a fellow, aging entrepreneur…)
This month, the podcast is focused on talent, specifically what we can and should expect of our people, as well as how we evaluate and manage them.
In today's episode, I discuss a simple way to assess whether a performance problem is solvable or not, and that is to ask, whether it's a problem of content or values. The answer to that questions indicates whether the relationship is worth working on or not.
When you’re in the midst of it, the power of the herd is almost unavoidable. When it moves in a particular direction, the pull to do the same - to move with it - is relentless.
Aside from its very momentum, there’s a seemingly rational justification as well. All those folks couldn’t possibly be wrong, could they?
So, if I’m honest, I’ll admit that I’d settled into a very managed emotional pattern when it came to how I engaged with football (soccer for you non-English speakers) and specifically my team, Arsenal Football Club.
Arsenal would play their games and I’d watch, but in a very managed, somewhat detached way (most of the time). If we won, that was great and it gave me a nice feeling, but it wouldn’t send me over the moon.
