All in Entrepreneurship
Today's podcast speaks to the perception that many of us have that we need to be (or at least show we're) perfect in front of those we live and work with.
The problem with this approach is that it's founded in insecurity and the idea that our vulnerability is something we should hide, when in fact, it's actually our strength.
It’s generally difficult for us to hold two contrasting ideas in our heads.
We have a tendency to move towards a specific interpretation, whether it relates to events, places or people. Something is either good or bad, someone is either smart or stupid, people should or should not be trusted.
NOTE: There are no spoilers in this post, but if you’re someone who wants to know nothing about ‘Squid Game’ before you watch it, save this post for later...
In the blockbuster Netflix show, Squid Game, 456 contestants are pitted against each other (unwittingly, at first) in what is essentially a death match to see who will claim the $38 million grand prize.
Today's episode focuses on the myth of the all-rounder.
We're programmed to try and be good at everything, and when we don't hit the mark, we taught to judge ourselves negatively. But the fact is we all have spikes and, while general knowledge is a good thing, our spikes are what really matter.
I heard an interesting comment the other day at a panel of Founders and Venture Capitalists.
Someone made the observation that when the world went online during COVID, the available money went - predominantly - to ‘known’ founders (versus first time entrepreneurs or entrepreneurs that VCs didn’t know).
If we’re really trying to solve for a specific problem, we need to be obsessed with the problem itself.
We have to be so focused on the issues that problem presents, such that we can understand it to a level that we can uncover all of the points of concern - not only who’s impacted, but also the way in which they’re specifically impacted and to what extent.
Today's episode focuses on the value of experience when starting a new business.
Often, we'll hear about start-up success stories that are driven by founders with no prior history in that sector. I talk through why that happens and how that should probably be more the norm than the exception.
If there’s one thing that’s facilitated our ability to keep functioning (as normally as possible) over the last year and half (Outside of the vaccine and the healthcare community), it has be technology.
From e-commerce to productivity tools, technology has helped keep us working, playing, consuming and communicating when physical interaction was minimal to non-existent.
If we think about situations or times in our lives when we’ve felt underwater, under pressure or simply out of pace with what’s going on, it’s quite probable that we’ve reacted to those around us in less than positive ways.
Perhaps someone asks us about our work and we lash out at them instead of giving them a straight answer.
Today's podcast talks about our ideas of perfection, specifically in people.
I relate a war story from my consulting days about how reputations of specific individuals can be both accurate and inaccurate at the same time. The quicker we learn that, the easier it becomes to forge solid working relationships.
Company missions need to be to the point. They need to focus on what the company actually does, so that when you read them, you have a sense as to the firm’s aspirations and where their collective energies will be spent.
Tesla talks about “accelerating the world’s transition towards sustainable energy”.
So, up until roughly 15 years ago, if you were interested in music and wanted to really enjoy the work of an artist, you had to own it. In other words, you had actually buy the single or the album. Singles came relatively cheap (99 cents), while albums cost anywhere from $6.99 and up. Either way, if you were really into music, the numbers could add up.
Today's podcast focuses on the idea of silos within our organizations and teams.
There will always be tensions among different teams and that's actually not a bad thing. It's only bad when we let those tensions stop us from figuring out how to work together. When we truly collaborate, we're able to create great art.
When we make plans for new offerings, we tend to do so assuming limited resources.
After all, very few organizations operate with limitless capital, people or other resources. So it makes sense for us to be realistic. Why waste time on planning for something that we’re simply not going to be able to execute?
As I write this post, I’m 30,000 feet in the air, on an American Airlines flight headed to New Jersey. The last time I was on a plane was, funnily enough, exactly a year and a half ago, to the day.
If you’d told me back then that it would be 18 months before I’d fly again, I’d have told you that you were nuts.
Today's podcast takes on the idea of having allies versus accomplices. That is, when we're growing something of consequence, social or economic, real progress is made when we have people willing to give - at some cost or risk to themselves - to further our collective goals. How they become accomplices is the real challenge.
Many times, we tend to think our problems emerge out of nowhere.
Suddenly, the growth stops as those sales meetings cease to convert. Or our quality issues become overwhelming as the returns pile up.
The last time Arsenal (the English football team I support) won the Premiership trophy was in 2004. It was the greatest title triumph in the history of British Football as that Arsenal team went the entire season undefeated - a feat no other team in modern football has achieved before or since.
It was the icing on the cake of years of continuous success and the expectation of us fans was that it was only a matter of time before we would win the trophy again.
Do you expect a musician to be good at financial analysis? Do you expect a financial analyst to be good to creative work? Of course not. Then why do we define "good" in our teams in specific, narrow ways?
Today's episode speaks to focus on our colleague's strengths and not class people as good or otherwise based on preconceived notions.
The founder of LevelUp, a mobile payments and loyalty app that was bought by GrubHub in 2018, never wore shoes, slept in the office more than at home and used to wear the same orange shirt to work every day.
We’ve all heard stories like these. They’re chalked up as “wacky entrepreneur traits”, and become the stuff of legend when the outfit is successful.
