Imagine this. You are by yourself, at your desk. One day you sit up and feel that you need a change, and a new challenge. What would you do next? Ideally, you’d salvage an old copy of your CV, brush it up, look up some sites, speak to people, glance through the ‘opportunities supplement’ in your local paper, and soon, you’d be wading into new waters. Before you realise it, you’re starting at a new screen, sitting by a new desk, conversing with new colleagues, and maybe you will also chose to have a new wardrobe to go with all this. Like a snake that sheds it’s skin, you’d find yourself wearing a new life. Fresh.
I think this is one way people try to ‘not’ feel stagnant. Now, what if one is an entrepreneur! How to ensure that he/she isn’t stuck or burdened. Arguing it the other way, how does one ensure that he/she does not feel comfortable being associated with the furniture of the company. This thought does not hold true for those who transform themselves into serial entrepreneurs, wherein they usually, build-operate and transfer (move on).
As an entrepreneur, you are supposed to drive your company’s existence and growth. But entrepreneurs also need a refreshing experience on and off. They must be able to start fresh at points in life, without feeling burdened by the responsibilities of their ventures. Frankly speaking you are an entrepreneur on the upward gradient. Once you’ve hit a plain stretch, you’d end up being yet-another businessman.
How to remain an entrepreneur and simulate conditions wherein, one is able to sit up one day, feel the need for a change, and affect that for oneself, without leaving the horse mid-stream! The more I think about it, I feel it is as important for an entrepreneur to be able to start afresh in thought, action and ambience, as it is for an employed person. Anyone would rot, without that.
The problem is similar to relationships. Most people get into relationships, and find it easy to get out, and seek something new when there is no commitment beyond a point. The married ones end up stuck if there is a hitch. But not all stay stuck, they converse, and re-invent themselves while being within the relationship, but in conversation, they seek new ways to transform what is, into something exciting. It doesn’t seem any different for a company.
At our company, we want to try doing this differently. And my initial and uncooked thoughts on this are as follows:
1. An entrepreneur/founder should drive the initial stages of his/her company’s growth
2. There should come a point, wherein, the entrepreneur replaces him/herself with a capable leader and a management who can take the company to the next level
3. The entrepreneur should thereafter do what he/she is best at, if he/she choses to continue working for the company. Incubate new ideas, build new teams, target new markets. Stay in the trench.
And, with the right team in place, any entrepreneur should find a role where he/she is able to constantly add value to the company. I want to find a model, whereby, I do not get stuck parenting a company that I am not capable of beyond a point. And yes, when that point comes, I want to work with someone capable, and aligned with the goals of the company. And, I hope I get a sabbatical or two, to move to ground zero elsewhere and intern with other company once in a while. I really don’t like the feeling losing contact with the start line.