Embracing the Unknown: Why Young Entrepreneurs Can Thrive

I follow a small handful of Youtubers.  Most of the channels I watch focus on small business owners in various industries, or folks who are building an independent lifestyle…mostly off-grid. 

I love to watch them create something valuable and useful out of nothing but an idea and their belief that they can do it.  Sometimes they succeed on their first try, other times they need to adjust and try again.  I admire their willingness to push themselves way outside their comfort zone in pursuit of the way they want to live.      

This past weekend, I watched as the twenty-year-old daughter of someone I follow took the plunge to start her own coffee house.  She has 1-2 years of experience being a barista and talked about how much she loved that job, her teammates, and her customers. 

She told a nice story about how her mom met her dad 20-plus years ago.  He and his band came to perform at the coffee house where her mom worked as a barista.  She said that she would be investing her life savings in this new venture. 

She started by leasing a 1,900 square-foot space that had all the bones to become a great coffee house location. She and her mom set about visualizing and planning the space, identifying the equipment she’d need, and how they’d work together to remodel the space.  They talked about where the small kitchen would go, how the prep tables would be organized, where the coffee counter and espresso machines would go, how the space would be decorated for comfort and a relaxing vibe. 

As I watched them walk around visualizing, the experienced business manager in me started thinking about all the paperwork she’d need to file.  The health code permits, the special equipment she’d need, the certifications that may be required to serve food, the creation of a business and DBA, opening bank accounts, capitalizing, and accounting for the business…sales and income tax filings. 

I wondered how many customers she’d need to serve each day to generate an adequate cash flow and profit.  Had she identified her suppliers?  Did she know the supply costs yet?  How many employees would she need to hire to cover all the shifts?  Was she ready to establish a payroll process for her new employees, establish HR systems, purchase the various insurance coverages she’d need, including worker’s compensation coverage. 

Cut to the next scene in their video, and they’re filing the DBA paperwork, and starting to file the health code paperwork and forms.  It turns out that there is a healthy server certification that she’ll need to obtain (which includes a ton of study materials and a written test). 

She was undeterred.  She plowed straight into the process, all the while renovating and remodeling the space along with the help of friends and family. It was truly a labor of love for her.  After 3-4 weeks of work, the place was starting to take shape. 

What happens next?  I’ll be tuning in next week to find out.        

There’s a prevailing stereotype that youth and inexperience are synonymous with recklessness and abandon.

How can this 20-year-old possibly know enough to successfully launch her new coffee business? 

Look more closely and it may be that her lack of experience and knowledge are the catalyst for her leap into entrepreneurship.  She knows that she doesn’t want to work for someone else, and she loved her experience being a barista.  Why not create her own coffee house?   

One of the paradoxes of entrepreneurship is that knowledge, while valuable, can sometimes become a barrier to action. Older generations, armed with years of experience and a deep understanding of the intricacies involved in starting and running a business, may find themselves paralyzed by the fear of failure, or an unwillingness to put in all the work they know lies ahead. Knowing what they know, they can easily talk themselves out of almost anything.

On the other hand, young entrepreneurs often possess an infectious optimism and a sense of invincibility that propels them forward. Unencumbered by the weight of past failures or the mounting responsibilities of adulthood, they approach new ventures with a boldness that can be both exhilarating and inspiring. Their willingness to take risks stems not from ignorance, but from a belief that they can overcome any obstacle that stands in their way.

They are adaptable, more willing to pivot and change course when facing unexpected challenges. They haven’t yet become set in their ways or entrenched in established routines, allowing them to embrace change with a sense of excitement rather than fear. They view setbacks not as roadblocks, but as opportunities for growth and learning.

Young entrepreneurs understand the value of learning by doing. They’re not afraid to dive into the nitty-gritty of running a business, knowing that experience is the best teacher.

Will any of it be easy?  No.

Will she have moments of self-doubt, and fear of failing?  Yes. 

Will she overcome the wall of worry and doubt, plus all the challenges associated with owning and running a successful business?  Maybe, but I know she has what it takes to make it successful. 

Would I open a coffee house at this point in my life?  Nope. 

But I love that she’s pursuing her dream.  I love that her parents are there to help.  I can already see that they’re being supportive, but also letting her drive the process, take the risks, and make the decisions. 

If she were to ask for my advice, I’d tell her to consider the following (in no particular order):

  • Create or join a network of trusted allies and service providers.  Join the local Chamber of Commerce, a BNI chapter, or a group that has other business owners as members.  You’ll get to meet other entrepreneurs, compare notes with them, and many of them will provide services and expertise that you can use.
  • Focus on the customer’s experience in everything you do.  Advocate for your customers and they will advocate for you.
  • Start your marketing and awareness campaign long before the day you open your business.  While you’re remodeling the interior or your space, take the time to remodel and brand the exterior.  Put up “coming soon” signs.  Try to generate as much anticipation in your surrounding neighborhood as possible…again, long before opening day. 
  • If possible, ensure that your business has at least 3 months (or more) of operating capital in the bank at any time.  The more, the better.  You never know when something unexpected might happen…a big expense or capital investment opportunity, or maybe a cyclical downturn in your business. 
  • Remember that leaders always eat last.  This means you’ll probably have some lean times, financially.  Keeping your business healthy and paying your employees must come first.  It’s quite possible that you won’t be pulling anything that looks like a paycheck from your business for 6-12 months.  Prepare for this and realize it’s completely normal.   
  • As you hire employees, whether they’re part-time or full-time, make sure they know your values, why your coffee house is special, why they are fortunate to be part of your team and that you feel blessed and fortunate to have them on your team. 
  • Advocate for your employees, but don’t be afraid to quickly let go of employees who aren’t embracing your company culture. You need to employ believers in your mission…anything less is unacceptable.  I don’t remember who said it but hire slowly and fire fast.  Both are extremely difficult to do in practice but will pay off with amazing results if you’re able to do it. 

p/c – Nathan Lemon – Unsplash

Want to see what happens next with Belle’s coffee house?

Exiting the Tomb of Pessimism

“We must strive to exit our tomb of pessimism.”  I heard this phrase echo through the Cathedral during the Easter Vigil homily, a little over a week ago. 

As Catholics, we celebrate the resurrection of Jesus Christ every Easter…His triumphant exit from the tomb, three days after his crucifixion.

In a much smaller way, we have a daily invitation to cast off our heavy shroud of negativity.  To exit our tomb of pessimism. 

To break the shackles of hopelessness and redirect our thoughts toward a brighter horizon.    

If everything great begins with a thought or an idea, imagine channeling this power toward an optimistic future, filled with amazing possibilities. 

It’s easy to stay in this tomb of our own making, looking through the bars at all the people out there who are clearly happier, more successful, and have all the things we yearn for.    

The truth is none of them matter.  They have no impact on us…except to show us some possibilities, some ideas, and some pathways that worked for them.    

We have the power to rewrite our own narrative, to pivot our lives toward a more hopeful outlook.  The choice is ours alone. 

Escaping the tomb of pessimism demands courage and resolve. It requires us to confront our deepest fears and insecurities, to challenge the status quo of negativity that has held us captive and kept us comforted for so long.

Yet, it is only by confronting these challenges that we can find the promise of transformation.  Only through the struggle that we can discover a new sense of purpose.

Will you remain ensnared in the confines of pessimism, or will you seize the opportunity to step into the light, and walk away from your tomb of pessimism?    

The choice is yours.

Choose wisely.

p/c – Jelle de Gier – Unsplash

Turning Hope into Action: A Path to Achievement

Hope is extremely powerful.  Its power rates right up there with the power of love. It’s the whisper of aspiration that accompanies our desires and dreams. We hope for success, for love, for fulfillment.

But hope alone is not enough. Hope is not an action—it is merely the spark that ignites the flame of possibility. To transform hope into reality, we must take tangible steps toward our goals.

Consider these hopes (I could list 20 more examples):

“I hope I can pass this class.”

“I hope I find someone I want to spend the rest of my life with.”

“I hope I get to my appointment on time.”

“I hope I can get promoted at work.”

These statements reflect our desires.  Our aspirations.  But they do not guarantee outcomes. Hope, though powerful, cannot materialize our wishes on its own.

Hope is most powerful when it energizes our ideas, motivating us to translate our hopes into concrete plans and steps.    

The journey from hope to action is challenging. It requires us to believe in our possibilities and commit to making them happen. It requires us to confront our own inertia, to overcome self-doubt, and to navigate the uncertainties of the future. It demands courage—the willingness to take risks, to persevere in the face of setbacks, and to embrace the unknown.

Will our actions always lead to success?  Can we get everything we hope for? 

Of course not.  Life is filled with obstacles and disappointments. However, by taking proactive steps toward our aspirations, we increase the likelihood of realizing our dreams. Actions propel us forward, opening doors to opportunities we never imagined possible.

While hope is undeniably powerful, it is action that transforms hope into reality. We can’t merely hope for a better future.  We must actively strive to create it.

In the end, it is only through action that we shape our destiny and manifest the life we envision.    

p/c – Tommy Lisbin – Unsplash.com

Planting Your Ideas…and Cultivating Them in an Environment of Trust and Collaboration

Imagine presenting your boss with a blank canvas, expecting them to sketch out the details of your plan—not impressive.

Instead, consider offering a detailed outline of your proposed actions, complete with timelines and expected outcomes. This approach allows your boss to review your thoroughness and provide feedback, while still enabling you to take the lead on the initiative.

As you consistently demonstrate the quality and reliability of your ideas, your boss may rely less on reviewing your plans in detail, knowing they align with your track record of success. This trust opens the door for you to play a more significant role in decision-making and strategy development.

Bosses appreciate having the opportunity to refine and improve upon existing ideas rather than starting from scratch. They usually don’t have the time or are unwilling to take the time to create from scratch. That’s your job.

By presenting well-researched proposals supported by data and evidence, you provide a solid foundation for collaboration. Offering multiple options allows your boss to feel involved in the decision-making process while subtly guiding them toward your preferred solution.

Timing matters. Choose moments when your boss is receptive and avoid times of stress or distraction. By seeking feedback and actively listening to your boss’s input, you demonstrate a willingness to collaborate, adapt, and learn.

Your goal is always to build a relationship of trust and collaboration. When this happens, your ideas have an opportunity to thrive and contribute to your organization’s innovation and growth.

You can walk around with your blank canvas, wondering why your ideas never get attention. Or, you can raise your hand, and share your ideas in a way that multiplies your boss’s (and your) effectiveness.  I choose the second option every time. 

p/c – Jonny Caspari, Unsplash.com

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Aggressive Confusion

What happens when someone leads with their confusion?

It’s easy to be confused.

To be unclear about new information.

To ask for more explanations.

To need more practice.

But what happens when someone leads with their confusion, defending themselves behind a shield of doubt and uncertainty?

What if they wield their confusion like a weapon, merely to strengthen their grip on the status quo?

Is their objective to understand an idea or to avoid any responsibility for it?

Exploration (of anything) is a journey into the unknown and unexpected.  It can be overwhelming, even confusing.  It should be.  Finding our way through the confusion is how we grow.

We make the choices:

  • Will we decide to push through our confusion?
  • Will we put in the effort to find new clarity?
  • Will we choose to grow?

Or, do we prefer to hide in our comfortable bubble of confusion?

Photo by Hans-Peter Gauster on Unsplash

 

The Dance of Light and Dark

I originally wrote this poem eight or nine years ago.  It was an exercise in using contrasting words, contrasting rhythms, active and passive voices, sensory symbolism, and a few other style toys that I thought would be fun to try (for a hobbyist writing nerd).

As often happens when I write, the theme I had in mind when I started was quickly overtaken by other ideas.  The words and symbolism began pointing the way.  A new theme slowly emerged.

Then, just as I was gaining momentum, some shiny objects interrupted, and I set this poem aside.  A whole bunch of amazing life events started happening and years (eight or nine to be exact) came and went.

This poem sat on the hard drive of what would become my “old” computer.  When I moved over to the new computer, somehow all the data didn’t get transferred properly to the new computer (or to any of the cloud storage locations I use today).

I forgot about the poem until a couple of weeks ago when I was looking for a fictional story I’d written.  After some searching, I realized the only place it could be was on that old computer that we hadn’t turned on in years (and that we kept for some reason).  Imagine my surprise when I was able to boot it up and look around on the hard drive for some of my old (nearly lost) work.

I found that fictional story I was looking for (maybe I’ll publish it in some form in the future), along with a bunch of other work I had forgotten…including this poem.  Again, shiny objects intervened, and I didn’t get around to re-reading this poem until today.  The toys I’d been playing with so many years ago were just lying about where this big kid had left them.

I picked up my writing toys and continued playing with the words, the styles, and the symbols.  The theme that was there so many years ago was showing itself but in a new way that I hadn’t quite seen in the past.  Again, the words and symbols pointed the way (just like Mr. Cox told us in eleventh grade English class).

I hope you enjoy it.  Let me know what you think in the comments.

 

The Dance of Light and Dark

Lengthening shadows descend across the forest floor.

The perpetual dance as day gives way to night.

Glorious palettes of color and light,

Surrendering to shadows in the growing darkness.

 

The air grows cold with the smell of decay.

Death wins a battle in its forever war on life.

 

Your heartbeat echoes behind your ears.

A quiet rhythm of life.

You hear the mournful wail of a distant companion, howling for a moon not yet risen.

 

Stars shine like pinholes through a curtain.

The moon rises in the distance, casting new light in the dark.

 

While creatures of the night toil in the shadows,

Hunting and evading, hiding and pouncing, dying and surviving.

They don’t know what their future holds.

Pain or comfort.

Life or death.

 

Trees moan quietly as they sway against the wind’s unending assault.

Each is alone in the crowd to persevere as they must.

These trees know without knowing that morning will come.

A distant dream in the long cold night that’s just beginning.

 

Morning brings new light.

An eternity of hope.

Wistful breezes carry the freshness of this glorious day.

The sun lends its brilliant glow to all that it touches.

 

A new day, with promises to make.

Promises to fulfill.

Promises of life, of love, of laughter, and joy.

 

This dance of light and dark,

Of hope and despair,

Of life and death.

An eternity before,

An eternity after.

This dance is our journey.

This dance is each of us.

 

Photo by Casey Horner on Unsplash

 

 

DAWA, Coronavirus, and Normal

I remember thinking how simple it all sounded, and I was relieved to know I had a model to follow. What I didn’t know at the time is that this simple model is anything but simple…

 

Denial.

Anger.

Withdrawal.

Acceptance.

I first learned about these stages of grief when Grandma Anne died (over 30 years ago).  My cousin, who was a newly minted police officer at the time, described how he received training on this model in the police academy.

I remember thinking how simple it all sounded, and I was relieved to know I had a model to follow.  What I didn’t know at the time is that this simple model is anything but simple.

Models provide a basis for understanding a concept or an idea…and that’s helpful.  Models make the complex seem simple.  But models rarely capture the layers of detail or the often-gut-wrenching processes they describe.

Today, the DAWA model is a bit outdated.  Additional “stages” have been added over the years to the original model.  Stages like shock, bargaining, depression, and testing are layered into discussions of the grieving process nowadays.

How does all of this relate to the Coronavirus?

Thanks to Coronavirus, we are suddenly sharing a grief experience with every person on the planet, at the same time.  Every single one of us has lost something extremely important because of Coronavirus.

The normal that we knew, the normal that we understood, the normal that we took for granted…died over the last 30-60 days.  If you could ask all 6 billion-plus people on Earth when, exactly, normal died, their answers would vary by a few days or few weeks.  But nobody would deny that their normal is gone.

When we grieve or face a major crisis in our lives, we come together with others, we gather closer to the people we love, we comfort each other with hugs and shared laughter.  We cry together.  We cook together.  We share meals.  We share stories about what we’ve lost.  We might go to an inspirational concert and hold hands while we sway and sing along with tears streaming down our faces.

We love to be with people, even if we describe ourselves as introverts or “not a people person.”

Unfortunately, that part of normal has also died (at least for a while).

While it doesn’t look like it (because our beloved normal is gone), we are all grieving.  Every one of us.

Make no mistake about it.  Something we loved, something we treasure, and something we counted on has died.  We are grieving our loss, even as events unfold in front of us that may make things worse before they get better.

We probably don’t think we have time right now to grieve.  But, we’re each somewhere on the DAWA continuum of denial, anger, withdrawal, or acceptance.  In fact, we’re bouncing around on that continuum today.

We’ve lost our normal, and we’re being forced to live in a new normal.  This new normal will probably give way to yet another new normal a few months from now.  None of us know what any of this will look like.  That mystery is an unfortunate part of our new normal (as crazy as it may sound).

It’s normal to be in denial.  It’s normal to be angry.  It’s normal to withdraw or try to escape.  It’s also normal, and necessary, to find acceptance.

Acceptance doesn’t mean giving up.  It means that the energy we’ve been using to fight the new normal can be channeled toward making the best of what’s in front of us.

Sure, we all miss our beloved normal from the past.  We’d prefer to have our old normal back in our lives.  But we must find a way to accept, to allow ourselves to rest, and let go of our longing.

The good news is that we’ve each had normal die before.  We’ve had to adjust to new normals throughout our life and we’re generally pretty good at it:

  • Moving from one school to another and making new friends
  • Graduating high school or college
  • Starting our first “real” job
  • Leaving our first job
  • Starting our second job
  • Meeting the person of our dreams that we plan to spend the rest of our life with
  • Divorcing that person
  • Experiencing the death of a loved one
  • Becoming a parent (or a grandparent)
  • Starting your own business
  • Selling that business
  • Losing a house and everything we own in a fire
  • The knee injury that forced you to stop playing your favorite game
  • Having your house destroyed in a tornado

These are all examples of events in our lives that require us to let go of the old normal and embrace the new normal.  Sometimes the new normal is because of something amazingly good, and other times it’s caused by something amazingly bad.

I’m not sure I’ve reached the acceptance stage in my own grieving process.  I tell myself that I’m there, but I know it’s not always true.  As I work through the process and prepare myself for what lies ahead, I like to keep this list of ideas in mind:

  • Take things one day at a time
  • Prayer is your instant connection to someone who loves you completely
  • Celebrate your victories, no matter how small
  • Give yourself a break
  • Be grateful and enjoy what you have
  • Forgive yourself for not knowing exactly what to do (none of us know, which is true a lot more than we’d like to admit)
  • Only allow yourself to worry about the future for a few minutes each day and move on. I’d say to stop worrying completely since worrying is a non-productive use of energy, but I know it’s not possible to eliminate it completely.
  • Check-in once each day for the news on Coronavirus, and what the latest government directions are (social distancing, masks or no masks, etc.). By now, you know the symptoms, what you’re supposed to be doing to prevent the spread, and what you’re supposed to do if you or someone close to you become symptomatic.  The rest is probably not super useful, and you can catch-up on all of it during your once-a-day check in.
  • Be kind to others. Your kindness will go a long way and may lead to more kindness in your “downstream.”  Even a smile to a stranger letting them know we’re all in this together is helpful.  By the way, your eyes show your smile, even if your mask doesn’t.
  • Realize that you are grieving, and so is everyone else. We will each have good days and bad days in our grief journey.
  • Take time to gather with your friends and family members by phone, video conference, or even a nice email note.  These are your people.  Embrace them remotely.

We are living through future history.  The events happening around us and to us today will be discussed, debated, and written about for decades to come.  Our lives are forever changed, and the changes are continuing to unfold.

We can use our energy to reach back to the past with all that we have, searching for the normal that’s gone.

Or, we can channel our energy to reach toward the future, creating the best possible new normal for ourselves and our loved ones.

While I grieve for the past, I choose to reach for the future.

Photo by Mike Labrum on Unsplash

Serve others first…

Tim Ferriss asks a question of most of his podcast guests:

“If you had a billboard that millions of people would see every day, what would you put on that billboard?”

Tim’s guests have given answers ranging from the comedic to the serious.  Some have talked about a cause that is their passion, or an inspirational passage they’d like people to see.

Each time I hear the question, I come up with the same three words:

Serve others first.

Serving others first means:

  • taking others’ needs and desires into account before our own
  • looking out for their best interest first
  • our decisions are more thoroughly considered because we’ll be taking time to think about how our decisions impact others
  • trying to make someone else’s job easier and more rewarding
  • showing someone gratitude for the work they’re doing
  • minding our manners (as my mom used to say when I was a kid)
  • listening to, and respecting others (even if we disagree with them)
  • looking for ways to improve a situation rather than making things worse
  • being the first to forgive.

It’s easy to focus on our own interests and challenges first.  It’s easy to think everything happening in the world is directed toward us, personally.  This “me first” mindset is hard-wired into our DNA…our DNA is selfish about 99.99% of the time.

The tougher path?

It’s the one that leads to serving others first.  It goes against our wiring, which takes significant effort.

None of us will be perfect on this path.  We’ll stumble, and we may even wander a bit.  But, we can be a blessing for others along our journey, and that’s what we should be seeking.

The good news is that following this path gets easier with practice.

Photo by Adrià Crehuet Cano on Unsplash

 

What a Wonderful World

Sadness can find us with little or no effort…

Sadness can find us with little or no effort…sometimes on a daily basis.

I see trees of green,
red roses too.
I see them bloom,
for me and you.
And I think to myself,
what a wonderful world.

Sadness, defined as anything that’s the opposite of joy:

Emotional pain

Feelings of disadvantage

Loss

Despair

Grief

Anger

Helplessness

Disappointment

Sorrow

Frustration

Guilt

I see skies of blue,
And clouds of white.
The bright blessed day,
The dark sacred night.
And I think to myself,
What a wonderful world

Oddly, we sometimes seek out sadness for our own purposes.  Maybe we need an excuse for not being the person we know we can be.  Maybe we find comfort in burdening others with our pain.

The colors of the rainbow,
So pretty in the sky.
Are also on the faces,
Of people going by,
I see friends shaking hands.
Saying, “How do you do?”
They’re really saying,
“I love you”.

When sadness in its many forms pays a visit, we have two fundamental questions to ask ourselves:

  • What will we allow inside?
  • How long will we allow it to stay?

It’s easy to say that we get to decide.  That doesn’t mean it’s easy to kick sadness out once it arrives for a visit.

I hear babies cry,
I watch them grow,
They’ll learn much more,
Than I’ll ever know.

What to do?  Here’s a list that I have to remind myself of from time to time:

  • Tune your mind to find joy in the simple things
  • Seek out and cherish love in your life
  • Offer forgiveness to yourself and others
  • Share your time and attention with others
  • Seek opportunities to serve others first
  • Observe life with a sense of awe and gratitude.

Joy won’t find us the way sadness can.  Joy only shows itself when we take action to greet it warmly with open arms and outstretched hands.

And I think to myself,
What a wonderful world.

Yes, I think to myself,
What a wonderful world.

Oh Yeah.

Photo by Clay Banks on Unsplash

The Value of Goodwill

Do you serve others first?

How much is your goodwill worth?

The accounting definition of goodwill describes it as the established reputation of a business, quantifiable by taking the fair market value of the tangible assets of a company, subtracting that amount from the full purchase price, blah, blah, blah.

The accounting definition is important, but the goodwill I’m interested in is your personal goodwill, which is measured with the answers to these questions (in no particular order):

  • Do you have a personal reputation as a good person?
  • Are you a person who can be trusted?
  • Are you reliable?
  • Do you work with others based on honesty and integrity first, above all else?
  • When people describe you to others, do they do so fondly or derisively?
  • Are you a person who people want to be around?
  • Do you repel people, or gather people?
  • Do you have a track record of acting fairly in all situations?
  • Do you serve others first?
  • When the proverbial chips are down and everything is going wrong, can others rely on you to rise above the chaos, identify root causes, and get to work solving the problems?
  • Are you known as the person who runs from trouble?
  • Are you the one who looks to blame rather than solve?

The answers to these questions will matter more to your long-term success than any college degree or career accomplishment you may achieve.

Your actions and attitudes will show people your answers more vividly than anything you say.

It’s easy to say words like honesty, integrity, trustworthiness, or empathy.  The real test is how you act and what you choose to do, whether or not other people are watching.

Show me a team of people who don’t value their own personal goodwill or that of their teammates, and I’ll show you a team that fails 99 times out of 100.

The most important choices you’ll make in life are the ones that either add value to, or take value away from your personal goodwill.

Choose wisely.  Your happiness and success depend on it.

Photo by Jukan Tateisi on Unsplash