Throughout school, university and even in most careers, one underlying message carries through: If you want to be a success, cross your i’s, dot your t’s, keep your inbox at zero and definitively plan everything months in advance. Either you prioritize detail and structure or your business is destined to fail.
Truth is, the traditional ‘path to success’ is designed for employees and procedural careers. It’s great for creating master surgeons, engineers or corporate moguls, but not so much for anyone who likes to color outside the lines. At all.
In other words, if you’re creative or entrepreneurial, you’re out of luck!
Entrepreneurs aren’t like regular employees. What makes them successful can’t be taught in school. In fact, some of the most successful entrepreneurs are the ones who dropped out, not just because they wanted to run with their idea, but because as entrepreneurs, college was a poor fit. Daniel Ek lasted just eight weeks, according to Forbes (1), before leaving to forge ahead with a career that would soon launch Spotify; while Sophie Amoruso dropped out of both high school and college before creating the multi-million dollar retail company, Nasty Gal.
There were just too many rules and limitations that got in the way of what they did best.
Over 20 years we studied highly successful entrepreneurs who started and exited businesses for between $6 million and $1.2 billion and business builders who profitably grew their business over 10 years or more. By measuring their intrinsic attitudes, we identified the patterns that correlated with their success.
Turns out, an excessive interest in details, structure and procedures actually relates directly to business failure. And by excessive, we don’t mean obsessing over reports and flow charts late into the night. We mean a focus of more than 8%. Yep, 8%.
Being low on detail allows you to move quickly, get the gist of something fast, have clarity about priorities and provides to be agile, grasping opportunities as they arise. It’s the reason that agile methodology works so well for startups, even the non-tech ones.
As an entrepreneur, being a nonconformist who is rather disinterested in details means you’re more likely to succeed.
Those highly motivated by structure feel compelled to identify all the challenges, write a comprehensive plan, test the product and get everyone on board; meanwhile, the business has run out of cash and doesn’t even have proof of concept. The deep focus on structure creates what we call a ‘blind spot’: an imbalance in attitudes that opens your business to possibly catastrophic risk or missed opportunity.
(Conversely, established business owners need a higher focus on structure, increasing as their business matures.)
Fortunately, attitudes can be adjusted to suit your business context, stage and needs. With awareness and intent, you can dial your attitudes up or down, re-aligning the business back onto the path for success.
Knowing exactly how much focus to give each motivation can be tricky, especially when we’ve been so indoctrinated that business should be approached a certain way. Truthfully, those rules never really worked for entrepreneurs. Success was always achieved in spite of them, not because of them.
With the flexibility to leverage your unique entrepreneurial attitudes and processes, a thriving startup may be just down the path!
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Found correlated with venture success, big picture thinking is critical in starting a new venture. Increase your comfort and use of big picture thinking to avoid getting lost in perfectionism or sweating the small stuff so you can focus on what is important and move quickly. Big picture thinking is key in communication and situations where you need to get the gist of things quickly.
Inspire yourself and others to see and achieve grand visions and goals. A focus on goals is especially helpful for starting a new business, inspiring others with your ideas, maintaining focus over time and aligning teams with clarity and purpose.
In this high impact eight week program Coach Marlee will help increase your comfort and confidence to be a founder of a new business, navigate investors and other stakeholders and also help you develop greater comfort to compete and collaborate at the top of your industry or field.
Comfort to initiate and kick things off is at the heart of a startup. Close the gap between your great ideas and taking action on them. Strengthen your comfort and motivation to start conversations and initiate opportunities that can accelerate your business growth.
Explore, strengthen and stand by what you believe in business and in life. Trust in your ‘gut feel’ and point of view is especially helpful for starting a new business, inspiring others with your ideas and for living an authentic and meaningful life.
In this high impact nine week program Coach Marlee will help you to increase your self leadership and general wellbeing while also helping you to break through self sabotage, develop life long skills for emotional resilience and solid self-esteem, all crucial skills when starting a business. Enjoy weekly cutting edge science backed wellbeing resources from Blisspot.
“Mind blowing! The Team Building program helped us resolve long-standing friction and misunderstandings in the team. Great experience for everyone involved!“
“Always thought-provoking and well worth my time”
“Marlee helped me build deeper levels of self-esteem and how I valued myself vis-a-vis the greater world. It also taught me courage to believe in my beliefs, and that it is not about success or failure, but that we give it a go, a try”
“I have always found it hard to ‘slow’ down but this helped me to see how I can slow down to speed up”
“I learned to manage my stress about details”
“I was able to see that I would still like to direct and author my decisions more effectively”
"This program has helped me to be less impulsive and really think before acting"
“Marlee helped me discover skills in myself and others on how to work together as a team!”