Crisis Mngt in the valley of an Idea Guy
Whether it be the NYTimes lying about you, VCs stealing your company or your wife berating you for not becoming a Lyft driver — the life of the entrepreneur is a hard one.
We choose this life cause there’s no way in hell we’re working for some BigCo — based on making money as their #1 priority. Money is important — yes — but so is changing the world, moving the world forward and family.
Don’t forget family and life and happiness. Company cultures nowadays are starting to understand that their worker’s happience is a key part of their company’s culture. Unhappy workers usually leads ot shitty products and bad service.
As an entrepreneur we can define our own culture, create products and services which balance money and change — and create our own happiness — but it’s dam hard. Books are written, seminars are given, mentorships and support groups are set up — yet at the end of the day — we’re on our own.
Unless you have a partner — at which point you then have each other.
Living a resilient, optimistic life means you have to be constantly testing your assumptions, validating designs and tracking market trends in your product’s area. Don’t be afraoid to pivot and adapt, but also don’t be afraid to stick to your guns and be patient.
The world will catch up to you — eventually.
What is the HARDEST is having the courage to invent something entirely — that simply doesn’t exist today. You not only have to visionize what the experience will be, but you have to spend most your time trying to convince others — that you’re not crazy.
What I do is look at trends and the evolution of technology and culture, and imagine the kind of tools I’d want to use myself to express myself.
I put myself into the eyes of a user, and ask “what do I want to do which I can’t now?”
That’s what I am — a tool smith.
The world has recently been exposed to a popular form of entrepreneur — the wildly successful and wealthy dudes — who (all of a sudden) have grown a conscience and decided to leave Facebook.
Kevin Systom and Brian Acton (the two best well known of these founders) have both decided that the tradeoffs and bad dreams they were experiencing — were just not worth it anymore.
Kudos to them!
My question is “what do you do WITH all that money?”
If you’re Mark Cuban, you go buy a basketball team, become an investor and keep going. Cuban has stood up to Trump — so right on to him! I haven’t heard of him supporting Beto O’Rourke — but he should.
Other retired entrepreneurs just sit around — doing nothing. Markus Persson, the co-founder of Minecraft — repotedly is working on yet ANOTHER 3D rendering engine.
I really think that major change can occur if these rich, founder dudes (and dudesses) could utilize their resources and help the OpenWeb — fight back!
Brewster Kahle — has been working to preserve the OpenWeb since the day he sold Alexa — to Amazon. Dave Winer tirelessly keeps building tools for the OpenWeb. Thomas Mygdal-Madsen just convened a TechFestival and published the Copenhagen Catalog.
Out of the chaos and greed of the startup ecosystem comes good people who understand that software is NOT about making money, it’s about changing the world. Yes — you can make some money along the way — but that’s not what its about.
Unless its the blockchain.