Entrepreneurs are “full balloons”

Weโ€™ve all been at a birthday party where one of the guests barely touches a balloon and it pops. It explodes because the balloon is full. That is the way we entrepreneurs feel all the time.ย The pressures and activities of early stage businesses ventures constantly add air to the balloon. What also inflates the balloon is that we experience every detail of every aspect of the business on a daily, visceral level. We have hundreds of conversations with others and thousands with ourselves about every part of the business.

“Recognizing that our mind is full almost all of the time is key.โ€ย 

What are the consequences of all this trapped air that is dying to escape?

Here are some that will sure have an affect on the success of your business:

  • We create confusion by not giving simple answers. Itโ€™s critical to create clarity and simplicity in a chaotic and unstructured environment. When we give simple responses, we make things easy. Unfortunately, simple answers do not release air from the balloon. When we give long complicated answers to simple questions, those we interact with lack the clarity they need to help the business.
  • We mismanage time. Issues that come across our desks that donโ€™t need attention are tended to anyway. This distracts us from our priorities. We tend to jump in and out of email, text messages and other communications throughout the day to help release air from the balloon. Needless to say this is counterproductive.
  • We struggle to make deliberate decisions. We react instead of act. Careful analysis, weighing multiple opinions, and balancing risk often donโ€™t get the attention they deserve in the decision-making processโ€”especially when letting the air out quickly provides immediate relief.
  • When team members see calm, thoughtful, reasoned and deliberate action, they feel secure and reassured. When they hear conversations that are reactive, rambling and unfocused, and lead to unclear decision-making, they start to feel like the ship could sink at any time.
  • We ย negatively impact the ย investment process. Investors want to understand a business quickly and want the leader to briefly and e๏ฌƒciently communicate the value of that business. When we unload unnecessarily detailed and circular answers, it lets some air out, but the lack of brevity often conveys a missing clarity about our own business.
  • We impact our teamโ€™s perception of our leadership skills.ย When team members see calm, thoughtful, reasoned and deliberate action, they feel secure and reassured. When they hear conversations that are reactive, rambling and unfocused, and lead to unclear decision-making, they start to feel like the ship could sink at any time.

Recognizing that our mind is full almost all of the time is key. Once we understand that, we can catch ourselves letting out too much air, and take the time to be more thoughtful and deliberate.

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