Officially Returned
Hi - I had to take a little time away from the blog to deal with some of the frustrations of Failure #1: my retail business. I had to learn some hard truths and thought it was time I return to writing about being an entrepreneur again. I figure that I learned from watching and gaining knowledge from what others before me have done. That being said, I feel an obligation to contribute to the dialogue, but from a different perspective. I also noticed that in writing this blog, people were finding it and reading it as well. That tells me that I’ve hit upon something important and I need to follow my gut and keep writing.
Most “coverage” (books, blogs, magazine/newspaper articles, etc.) of entrepreneurs talks about them from an outsider’s perspective. We all love to do the “Monday Morning Quarterback” thing and pick apart their successes and (especially) their failures, hoping to glean something from the process.
Instead, I want to talk to you, the reader of this blog, about the process from the inside. I want to talk about the things that can drive a person to become an entrepreneur vs. being satisfied with the daily grind in corporate America. Because to me, part of being an entrepreneur means inherently being dissatisfied with things as they are or as people expect them to be. You have this constant, nagging voice that says, “This could be so much DAMN better than it is right now!”
That being said, here are the truths I had to learn:
1) Blogging is cathartic and therapeutic. It gets a lot of the frustration out and helps to quiet some of the things that bother you. Blogging, for me, clears a lot of the “noise” out of my head to make room for the ideas and mindset I need to run my own business. “Noise” for me equates to self-doubt, questioning (internal and external) and general malaise.
2) DO NOT, under any circumstances, sell someone else’s stuff. MAKE YOUR OWN. I learned this from an attempt to sell products from a MLM. Truth be told - people aren’t going to go out of their way to buy stuff unless they find something they love that they can’t find somewhere else. That last part about finding the product is key. The company I was working with is starting to sell their product in stores. Lots of stores. I can’t compete on price or marketing with the local big box in the neighborhood. I can compete somewhat on service, but again, service doesn’t mean squat if I can be underpriced.
3) Take the time to figure out what you can make, and get really, REALLY good at it. People often quote Malcolm Gladwell’s book “Outliers” and talk about how you need to log at least 10,000 hours to be an expert in something. I don’t think you need to be a full on expert to be an entrepreneur. It’s tough to log 10,000 hours when you’re also giving eight hours a day to a full time job. Rather, I think you’ve got to get good enough to be able to make the act of creating effortless. In my case - I happen to have an aptitude for programming languages. I don’t know where it comes from, since only one other person in my family (my brother) is in IT. But I learn them easily and quickly. So what I need to make to have my business needs to come from that part of my skill set.
I’m sure there are other things I’ve learned, but I can’t recall them at the moment. That will have to wait for another post. In the meantime, I have a long road ahead to figure out how to restart my startup.