I came across this amazing video of Seth Godin’s over the weekend. It’s a great mix of classic Seth Godin (tribes, being “weird”, the entrepreneur/empresario) with doing business in a connected world. I found the following particularly interesting…
Godin describes the triangle of the connected world. We need Strategy, Implementation of Strategy as well as “Caring Enough to Fail” in order to create value, a following, and a company that matters. Oftentimes, our organizations get too big or too busy to question the status quo or care enough about experimenting and doing something that might fail. If we don’t care enough to fail how might we know what we are capable of and what our customers want and need?
In Latin America, I find organizations have a strategy and people to implement it but are set on what works rather than experimenting with failure ahead of the bell curve. How can we change this? Perhaps by leveraging connections and unexpected connections between things – and what is that? Innovation.
So this is the video that inspired me over the weekend to continue to tell meaningful stories to people who share (or will share) our views/concerns/needs. Let’s care enough to fail, be generous with ideas and…make them work through strategy and implementation.
Any business plan won’t survive its first encounter with reality. The reality will always be different. It will never be the plan.
It’s a question that I sometimes get asked. The interrogator – usually trying to make conversation – has no idea that he or she is going to get a rather less than earth shattering answer which I will share with you in a minute…
Entrepreneurs in this day and age are seen, for the most part, as “the crazy ones, the misfits, the rebels, the troublemakers, the round pegs in the square holes…” (Steve Jobs). There is this kind of cult of entrepreneurship that even makes large industry leaders take notice and state they want to be more “entrepreneurial”. Perhaps it’s because there’s this idea (which I support) that entrepreneurs are agents of change and are people that challenge the status quo. In fact, in many of my articles for Forbes I talk about this dimension of business – the need for business today to challenge old notions of “business for making money” and restore the idea that business should be relevant to all stakeholders. Building brands that have meaning and that answer the question WHY coherently and authentically is just the first step to being change makers.
So what is it that entrepreneurs talk about? In my 21 years of experience – started my first business at 15 – entrepreneurs often talk about implementation. That’s right, creating order (or at least the semblance of order encapsulated in a product or service) out of chaos. They integrate different models to come out with something “different”; looking at partnerships, investment and even a $3 USB cord to fix the motor of a car prototype (I’m quoting Elon Musk here).
Entrepreneurs talk about implementation and about money; not as the reason for starting our business or growing it but as a means to create our prototype, develop our “proof of concept” and scale our business.
I have had the honor and the challenge of working directly with more than 10 start-ups and I have witnessed first-hand that entrepreneurs are out to change the world but in small and incremental ways; we spend our time finding out how to implement our idea for the best impact.