The Drive to Create—Rocket Fuel for Entrepreneurs

I sat and talked yesterday with a uniquely impressive entrepreneur.  She is not yet successful, and in fact she is barely two weeks young in her new adventure.  If I was asked to handicap her chances of success, the odds would be very good. 

I’ve known this professional for a number of years and it’s always been clear that she would move out from underneath her position as an employee and go off on her own.  It was just a matter of time. 

The time happened recently as the work environment became untenable not only for my friend, but for a number of the other talented members on her team.  Bad Boss syndrome came home to roost as cutbacks and new policies were implemented that both destroyed internal morale and damaged the customer experience. 

My friend and her team took matters into their own hands, and in a mere few weeks in their new service business, schedules are filled, business is good and the air in their shop is filled with the excitement of something new being created.

As we chatted about the experience, I asked my friend some of the vexing questions that trip up so many big organization executives. 

  • What’s your vision for your practice?
  • What do you want people to associate your business with?
  • What’s unique about your practice?
  • 5 years from now, when you look back, what will you have accomplished?
  • Why did your team follow and what makes them tick in this venture?

She fielded the questions effortlessly and offered simple but powerful answers that stopped me in my tracks.  I’m not used to hearing answers to these questions without them being couched in business-speak and filled with lofty, mission-statement sounding answers that are like sugar-free frosting on a wedding cake. 

Her answers focused on creating opportunities for employees, working with customers that the team loves and finding ways to contribute to the community.  The answers came from the heart, were offered without hesitation and were backed by specific ideas. 

There was also an underlying theme that the fuel propelling the team was the ability to do something truly unique in building a business.  I sensed a burning desire on the part of my friend and her colleagues to create their own great organization, and to provide opportunities for those interested in working hard to pursue them. The talk on the floor was all about creation and avoiding the mistakes of former bad bosses and building for the future. 

Money was not singled out as a driver.  However, when I inquired about the “M” issue, she looked at me and indicated that they were already profitable and exceeding their best expectations in just two weeks.  

The drive to create is powerful and while the pilot burns in the background for many, for the few that dare to jump in, the power to create is what fires the rocket.  

The Bottom-Line for Now:

Is your pilot burning?  What do you want to create?  What will push you to move from ideas to actions?

Dream and Act Big: Leadership Caffeine for the Week of April 5, 2009

This week’s jolt of energy is taken from a great interview with Jim Collins in the April, 2009 issue of Inc. Magazine.

Collins connected with Inc. editor, Bo Burlingham to share views on the state of our world, building great businesses and entrepreneurship.  The entrepreneurial focus is relevant for many that have either been pushed into this world through downsizing or are considering it as they grow weary of the uncertainties of corporate life. 

The result is a feast of insightful, refreshing and invigorating quotes.  Oh, and I’m taking my motivation from Collins with a cup of the always bold and invigorating  Sumatra Mandehling Gayo Mountain from my favorite local roaster, Conscious Cup.  

Just a few selected quotes and observations from Collins:

-On what the leading entrepreneurs of the past three decades have in common:

“They defined success on a very big scale.”

-Recalling a quote from Steve Jobs in the late 1980’s that captured the noble vision of entrepreneurship:

“We aren’t creating computers, we are creating bicycles for the minds.” 

-On the choice that people face on working for others or working for themselves:

“I see entrepreneurship as more of a life concept.  We all make choices about how we live our lives.  You can take a paint-by-numbers approach, or you can start with a blank canvas.  Starting with a blank canvas is the only way to get a masterpiece, but you could also blow up.”

-On the emerging environment:

“We’re heading into a world characterized by big events, big forces, massive storms.  We’re going to be vulnerable little specks high on the mountain when the storm hits out of nowhere.  And if we’re not prepared, we’re going to die up there.”

-On why he’s not pessimistic in spite of the emerging environment:

“It is only in times like this that you get a chance to show your strength.”

In the end, I think we need to have absolute faith in our ability to deal with whatever is thrown at us.  And we need to have a complete, realistic paranoia that a lot can be thrown at us.”

-On the source of his optimism:

“A  lot of it has to do with the young generation.”  Quoting a general at West Point, “This is the most inspired and inspiring generation to come through West Point since 1945.”

“I’m hopeful precisely because of this generation of kids.  I really think we ought to give them the keys as soon as we can.”

Art’s comments:

First, bookmark the interview and read it from start to end.  The selected quotes above barely do justice to the wisdom and inspiration that Collins has to offer in this article.

Second, consider how his guidance and observations can help you deal with your situation, whether you plan on being an entrepreneur or an intrapreneur. 

Great things tend to flow from tough times and when people focus on defining success not necessarily in monetary terms but on a grand scale. 

My own real world example in process: I’m working with a group to change the shape of volunteer management and volunteerism in our local community. Our emerging goal is nothing less than to transform Volunteer management practices in this country.  Lofty yes, but doable?  Absolutely. 

The same lofty ambitions can drive for-profit organizations, but it requires thinking beyond success and focusing on significance.

And last and not least, I love his perspective on the younger generation. While the media focuses on what they describe as a: texting-obsessed, trophy-laden, what’s in it for me generation, I am with Collins in seeing the reality to be very different.  (See my article: In Hopeful Praise of the Millennials.) 

As you have occasion to work with, lead and support the development of this younger generation, perhaps it is time to think deeply about the challenges we have saddled them with and offer our support and hope instead of our criticism.

The Bottom-Line for the New Week:

OK, grab that second cup and go forth into the new week motivated to do something great.  The longest journey starts of course with the first step, and the greatest monuments start with the first stone.  Take that first step or lay down that cornerstone and dream big!