All tagged The difficulty of being an entrepreneur

Dealing With Ambiguity And Uncertainty

A while ago, a good friend of mine sold his company in what was regarded by all parties as a wildly successful outcome. In a little over a decade, he had taken it from an idea to a material, profitable entity, one that was valued enough to be bought out by a major industry player.

From the outside looking in, then, every decision he ever made looked to be validated…

Being Present (AKA Multi-Tasking is a Myth)

The ability to be present is, it seems to me, a talent. It’s a hard skill to develop and hone.

I don’t know if that’s the case for you, but it’s certainly been the case for me, something I’ve personally struggled with over the years.

Part of this is a tendency to take on multiple priorities. Part of this is a tendency to obsess over a situation or a task, to let it absorb me entirely.

We Can’t Assume Each Step Forward Is Permanent

We can’t assume each step forward is permanent. And that’s just a fact.

I know there’s a tendency to view any positive progress with hope, with the earnest desire to see that momentum continue unabated. That’s natural and, frankly, we should maintain that positivity, particularly in difficult times such as these.

But it’s important to also recognize that plans and paths forward aren’t always (ever) straight-line. There will be twists and turns, back and forth on the road to getting to where we want to go.

More On Competition - Is That Even The Right Focus?

In my last post, I discussed the idea of competition and specifically, that it’s existence shouldnt act as a deterrence to us entering into a specific market. In many ways, it can act as a validating factor that should, frankly, encourage us to play in that space. 

But the more pertinent question, at least the one I’ve been turning over in my mind, is whether that’s even the right focus.

I’ve got a bit of an issue with articles that proclaim that the golden age of something or the other is over. (I saw one recently proclaiming that the golden age of American dining was over.)

I get that stream of thought when it comes to specific brands or technologies. For example, I don’t think any of us would disagree that The Golden Age of the Walkman is pretty much done and dusted. Or that The Golden Age of Atari is essentially behind us.

Just Focus On What's Next

Sometimes, the goals we set for ourselves are overwhelming. The bigger the goal or the more challenging the objective, the harder it can be to fathom how we will get there.

We get caught up in the sheer scale of our idea, or we start setting all sorts of impossible timelines and expectations that we think we need to achieve on our path there.