All in Entrepreneurship

Why Do We Want It In The First Place?

We have these conversations with kids every now and then.

When they decide they want something, they’ll determine all the different benefits of having it. Solid benefits that are passionately communicated.

But what isn’t so well reasoned out is whether they need the thing in the first place. They just know they want it because their best friend has one, or all the kids at school are talking about it.

This week’s blog and podcast have been about this idea of leaving a legacy, and I’d like to tack on one last thought on the topic.

And that is that leaving a legacy suggests - at least to me - that we must become “enlightened” in some way. I’m using the term ‘enlightened’ not only in the spiritual sense, but in any context, including in our craft. There are those, for example, who understand their industry so well, who have ‘mastered’ their technical work, who are so well versed in their disciplines, that we might consider them to be enlightened in their specific domains.

The Only Thing That Matters

There’s something to be said for persistence as being the single, overriding factor that leads to success.

That sounds like the right thing to say but that’s not always how we talk in practice.

We tend to think about the brilliant idea as being the most important thing, or perhaps the creation of a detailed plan of action, or (as is more usually mentioned) copious amounts of money (aka funding).

When We Stop Asking Questions

At what point do we stop asking questions?

It comes very naturally to us when we’re young, but at some point, so many of us, simply stop.

There are many reasons for this. It could be that it wasn’t encouraged at home. Or it could be that our schools and our teachers didn’t want to hear them. Or it could be peer related, not wanting to seem ‘out of place’ with our friends. (I can’t quite decide which of those is the worst.)

Be The Fifth Beatle

George Martin is often referred to as The Fifth Beatle for the contributions he made to the band’s recording process.

Without question, the core of their creative genius came from the four band members themselves, but there’s no doubt he facilitated and enabled their creativity in very real, very direct ways. From the classical instrumentation we hear in so many of their songs to pushing the technical envelope with the technology available to them at the time.

Why We Get Worked Up About Competition

I have this hypothesis that we get more worried about the competition when we’re not actually focused on being something.

What I mean by that is that, when our business or product doesn’t have a defined mission or overarching goal, when we’re not focused on moving towards becoming, then we tend to become fixated on what others in our space are doing.

Consulting's Most Important Takeaway

If you were to ask me what the most valuable part of my education was from a decade in Management Consulting, I’d tell you it was the ability to craft a story. That is, putting together a slide deck or telling a message that was logical, coherent and that clearly communicated its central message.

As I learned when I left Consulting, that’s not a widely available skill. It’s a bit of a rarity, actually, but it’s critical to the success of any initiative.