Posts tagged Entrepreneurship
The Past, The Future, and Radical Nuns

“When you have one foot in the past and the other in the future, you’re just pissing on the present.”

I can still picture our instructor Michelle standing with her legs spread wide as she imparted this lesson upon our cohort of the Possibilities Seminar, a personal development program focusing on emotional intelligence.

As life-changing as that workshop was for me (and I don’t say that lightly), this particular lesson didn’t really land for me at the time. Sure I got the point - don’t live in the past or the future. Be present.

But how do we move forward in life or in business with two feet firmly planted in the here and now?

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Is it too early to systematize your business?

When I talk to people about what it is that I do, I often talk about that time in the growth trajectory of a business when everything that used to feel fun and simple becomes messy and complex.

But what if things get to a point where everything feels that way? When everything feels equally important and equally chaotic?

It's definitely time to systematize, right?

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Happy Pride Month!

How entrepreneurship gave me the confidence to be me

Nobody told me growing up that I needed to get straight A’s and a college degree.

Nobody told me that I needed to get a stable, well-paying job and climb the corporate ladder.

Nobody told me that I needed to find a nice girl, settle down, and start a family. (Ok maybe my Jewish grandmother did, but let’s roll with it).

But in upper-middle class suburbia where I grew up, when the dominant thing you see around you is one kind of path, you think that’s the path you’re supposed to follow too.

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All Things Are Created Twice

How to improve your creation process so that you can actually attain your vision

“All things are created twice. There’s a mental or first creation, and a physical or second creation to all things.” - Stephen Covey

Stephen Covey’s book, The 7 Habits of Highly Effective People, has had a profound impact on me throughout my adult life. I always seem to be reminded of Covey’s wisdom and lessons at precisely the right times. And it’s particularly during this time of year that I’m reminded of one of those lessons - that all things are created twice.

I’m reminded of that lesson because it was during this time five years ago that I went through a pretty big turning point in my career. One that started with the sudden and devastating closure of my last business, but ultimately led to the creation of BE Lean.

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How I stopped selling and made more money

In 2011, the company I was working at was at the brink of bankruptcy. I didn’t know it at the time, but we were just one payroll away from having to close our doors.

A year later, we not only survived, but had earned over $5M and expanded our team by 5x.

As incredible as that turn of fate was, I’m not here to tell you about how we turned things around and went from near failure to unequivocal success. I’m here to tell you about what came next.

Just two years after our meteoric rise, our profits had vanished entirely, we were forced to lay off half of our staff, and we were on life support - again.

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Why Businesses Aren't Like Roller Coasters

Coming home from Cedar Point in Sandusky, Ohio, I was in sheer bliss.

I had just fulfilled a lifelong dream of going to the roller coaster capital of the world.

As the towering masses of steel shrank into the flat horizon of the Ohio landscape, I could still feel the ups, downs, twists, and turns. I closed my eyes wanting to hang on to the feeling as long as I could.

That feeling.

The feeling you get after riding a roller coaster is why they’re so often compared to the journey of entrepreneurship. The highs and lows. The intensity of the ride.

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Three ways to look beyond ROI and make better decisions

“How is the guy who is all about systems and data looking at this decision on the basis of whether it will be fun?”

I was recently chatting with a colleague when she asked me this question about a meeting we had with a fellow operations consultant. The three of us were batting around the idea of collaborating together on a podcast or some other way to jointly promote our services.

I let out a small chuckle. Her question caught me by surprise. For a moment, I too was surprised by the words that had come out of my mouth. Was I really assessing the potential of a new marketing strategy through a lens of enjoyment rather than some calculus of return on investment?

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Creating Genuine Connections in a Virtual World

It’s been so easy over these past nine months to fall into the monotony of everyday life. I once took for granted how the ability to meet someone for coffee or go to an event breaks up the work week and puts you in a different state of mind.

So when I had the opportunity earlier this week to be on a podcast, the experience refreshed me and gave me an energy that’s lasted all week. It’s what got me out of bed this morning excited to share it with you!

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I spent months creating a new free offer. Here’s what I learned.

At the beginning of this year, I set a goal for myself that I wanted to share the knowledge and methodology behind my work with more people. I’ve seen how Lean has transformed the businesses I’ve worked with, and I want others to be able to achieve the same. So over the past few months, I’ve been working to make that happen.

I’m thrilled to have recently released the BE Lean Assessment - a free tool to give business owners expert insight into whether they have the systems, structure, and culture in place to achieve sustainable growth.

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Beating Imposter Syndrome

By revisiting the worst week of my career

It was 8pm on December 12, 2016. After three hours of tense back and forth discussion, we had just decided to fold our company. Just five days later, December 16th, was greeNEWit’s last day in business.

I’ve thought a lot about this moment in the time that’s passed since. The failure of greeNEWit after nine years in business is what motivated me to start my own company, BE Lean. I’ve been driven by the desire to prevent other businesses from ending with the same fate. To help others achieve what greeNEWit never could: a sustainable business model.

And while greeNEWit’s failure inspired me to start my company, it’s also held me back. If I’m brutally honest, since the moment I started BE Lean, I haven’t been able to shake the imposter syndrome whispering in my ear, “If you couldn’t make greeNEWit succeed, what makes you think you can help others succeed?”

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How We Should Have Done It

Two energy startups. One succeeded. One Failed. This is what I learned.

I recently got to know Zack Moore and Shannon Sentman of Sol Vista in their office around the block from me in the Silver Spring Innovation Center (SSIC). As they told me their story, I was struck by how uncannily similar it was to my last company, greeNEWit.

Both companies started with the same vision of unlocking the potential trapped inside of buildings in the form of energy costs. Both raised capital to develop software products. Both faced similar setbacks and market challenges.

Yet ten years later, Sol Vista is a market leader with a bright future while greeNEWit closed its doors days shy of its ninth year in business.

I couldn’t help but walk away from my time spent with the Sol Vista guys wondering, what could we have done differently…?

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The Definition of Success Belongs to You

“Scale thoughtfully. Source locally.”

My ears perked up.

I had just finished listening to an episode of The Tidbit on Full Service Radio hosted by Kim Bryer, Founder and CEO of Cureate. The show discusses tidbits of knowledge around starting and running small businesses with a food and beverage lens.

The outro Kim uses to sign off from each episode reverberated through my mind.

Scale thoughtfully...

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Why People Quit Their Job to Become Entrepreneurs

How Quick Base gave this entrepreneur the platform to pursue her dream

When Sharon Faust was 5 years old, she knew she wanted to be an entrepreneur.

She looked up to her mom and watched as she crafted the life that she wanted with her own hands and spirit. A true creative, Sharon’s mom was an artist and entrepreneur who started a graphic design firm and opened a store that sold local crafts and artwork.

Sharon’s mother wasn’t the only source of inspiration in her life. Her grandmother ran a real estate business, and her father grew up on a family-owned farm.

These examples instilled in Sharon a deep desire to create something of her own one day. She wanted that life of independence and fulfillment she admired so much about her role models.

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Making the Most of Capital

A not yet true story of how Lean helped one startup

Tucked within the walls of an inconspicuous building off of Liberty Heights Avenue in Baltimore lives a true gem of Maryland’s entrepreneurship community. Conscious Venture Lab runs an accelerator program here for purpose-driven startups who epitomize the principles of conscious capitalism.

It was here that I had the pleasure of reconnecting with my former coworkers, Josh Massey and Gabe Bustos, to learn about their company, Ortus Academy. Ortus teaches money management and financial intelligence to 5th-12th grade students with a proprietary and hands-on money game they call NumisMatters.

In the days that followed my conversation with Gabe and Josh, I couldn’t help but wonder what I would do if I were in their shoes. I imagined what it might look like if Lean principles were used to address the challenges that Ortus now faces. What the story could be if I sat down with Josh and Gabe in a year to do a follow up interview.

What follows is the not yet true story that they shared with me one year from today.

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