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Tuesday, July 26, 2011

What it takes to be an Entrepreneur


In my two years of professional life I have met him lots of time. He came in every size, age and habits. Yet, every time he was same in some basic characteristics. So, I am jotting down some of my thoughts on him after my silent observation. I have spent a hefty amount of time with him and have patiently listened to him (I don't normally listen to people) as his words are irresistible. Hopefully my views matches with your view on him.

You treat this guy as God. He may be in his forties or even fifties with or without gray hair. He may even be still younger in his twenties. No matter what his age is, you all pay him respect at least in front of him, if not at his back. So, as the title says, I am interested in discussing what it takes him to get such respect and how you could also join his club of earning it. So, let me start with his traits at various phases.

At start-up phase
He talks a lot
Yes! The company is small but not his words. He tells you what he has achieved in his past companies, how he founded, worked and raised their values to millions or even billions of dollars before they got sold off. You like his words and so listen and work for him for a low salary. You want to be like him, he is your super hero. He may not be wearing underwear over his suit but you are enchanted by his words. His spells are more stronger than those of Lord Voldomert in binding you to his garage.

Garage” is his buzz word
They say it all starts in a garage and he knows it. He knows garage is a buzz word related to start-ups and most of the successful companies like Google, Microsoft, etc have their roots to it. It does not matter if this Garage is fully air conditioned or not, for him, it is “The Garage”

His nose is more powerful than that of the best police dog.
Good employees stink inside huge company walls and even their boss can't smell them. But, our hero has such a powerful nose that he can smell them out. He knows every whereabouts of other companies employees and does every effort to get them into his garage. Police dogs may sometimes fail at smelling out criminals but he does not fail. He has built-in employee hunting instincts.

More emotional than your mother or girlfriend
You are the star employee and your contribution outweighs all the stock options and meager salary (that you get after a couple of months) you are getting. And, out of frustration you have somehow got freed from his spell of words and decided to kick his company. You go to his chamber with a resignation letter and tell him that you are leaving the company like a young guy telling his mother about breaking free from the bonds of home. You have already calculated his reactions to your words in your mind but still find his words tempting. He gets on the floor and starts throwing tantrums like a spoil toddler when his mother is about to leave home for some work. It includes loudly crying, shouting at the top of voice and using every possible arguments to win back you. He will tell you about his thoughts about you, how much you mean to the company. After listening to his words, you start bargaining which is the real reason for your decision. You don't have the guts to tell him that you don't trust the stock options that he is offering and that you want real cash. But, before you make any offer he does that. He tells you that the stock values are increasing and next month he will upgrade the options that you are getting. No cash even now. He talks about the bonus and the other incentives. But, seeing that you are not happy even now, he quickly turns discussing towards salary which is simply a regular increment. You are dumbstruck and leave the chamber silently.

At fully established, product development and Revenue Coming stage
He talks a lot
I don't know if he knows anything else than talking but he is still good at it. He may have changed in his actions or physical look but not in his words. Now, his focus of talk shifts from previous companies to his current company. He talks of how he built his products and moved the current company from a garage to a fully fledged corporate environment. It is his way of showing progress even though garage was better, friendlier and had a humane approach to deal with employees. The graph has somehow gone up and he knows how to show that. So, he called it a garage at first place and now is calling it a Infinite Loop. But, you don't like it anymore and imagine a dog barking in front of everyone. Perhaps this is the one progress you have made working for him.

His smell power decreases
Our dog nosed hero seems to have got slower with age in terms of smell power. He does not seem to smell out employees from other companies. Instead he is stinking now and you have smelled him out. You apply to his company along with others in long lines. He has his special gang whom he calls HR to perform such tasks for him. He has taught them how to hunt for employees like he did in the initial phase. He will tell them all day about it, which is his strength. They will go to various job sites and top universities to place their magnets which are good enough to attract good number of irons to sort out.

He is never wrong whatsoever
If you have done a good job, he will be the first to give you bonus or appreciation. He comes near you with his ever charming smile and tell you how hard you have worked and hand you down a piece of bone to lick. You thank him for that wholeheartedly and believe that he is the only good man in the world. Good things don't always happen. If you do wrong and he wants to fire you, then he will never do the dirty job. Instead, he will send his jackals (HR or any other manager), who hunt you down and kick you out the company door. And while you curse the whole company for this, he comes by with that sugary smile and wish you good luck. Everybody in company feels like hell to you except him. He is never bad.

You work like a machine but still feel as best human being
Your day is made only for work. You get up early and rush like anything to get there. You take your seat and start working with the feeling that your work is the best work ever and you are the best person in your company, even though you are just like any other human machine working mechanical machine. He comes around to each one of you, to tell you what an amazing job you are doing and how much you can do to make it even more fun but in reality, he is just applying daily grease on each of his machines.

Coffee: the human petrol
If you go to any office of any kind, you will find one dark, bitter liquid. He likes it very much and you too. He likes it in the hope for making you work even more and you like it in the hope of getting some relief from work. The former is true but I have to still figure out if latter is right. Since both are counter points, one of them must be wrong. It works by stimulating human computing system to work more. In layman lingo, they call it coffee. Even if the company is going down the drain, and has nothing to buy, you will always find it there in its place. The basic assumption is: if coffee supply stops, work also stops.

His hearing power has also decreased
With age his hearing power has also decreased. He has all sorts of people around him, but is willing to hear praises only which are loudest. He does not listen to silent complaints that people are making. He has created hierarchical network just to cut down any such voices. Those words are like statutory warning that comes with every cigarette pack bought, for a smoker.

Conclusion
He is a serious believer of “Monkey Theory”. Fool one monkey and rest simply follow that monkey. So, they rightly call him Entrepreneur which resembles “hunter-par-nar” or “hunter-vanar”. If you want to be like him, starting today, start talking and stop working. If you work, you will work for someone but if you talk, you will talk for yourself. If you find it hard to talk, then use a mirror. It is the best talking partner for you until you have your first employee. You can best learn it from your dog who barks all day without imbibing the honesty trait.

Note: Throughout this blog I have used “he” to represent entrepreneur without being gender biased as females can be equally good entrepreneurs as males. This is done just to shorten the blog by one alphabet. :)

I would like to thank Jagir for her sincere editing of this post and to have patience for re-reading other person's work.

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