Encouragement
Apr 17 2010

Back late last year (November 21, 2009 to be exact) this quote fell into my in box from Jeffrey Fry’s daily quote email list: “The spirited horse, which will try to win the race of its own accord, will run even faster if encouraged.”  –Ovid. I think I’ve met Jeffrey (also an entrepreneur) twice, but we’ve exchanged several emails about our life’s journey’s.

That quote hit me for some reason.  And I just now realized that quote came in almost exactly a year after I stood at the Entrepreneurial Ledge (I wrote that post on November 20, 2008 with tears in my eyes) after having heard that the first company I founded had gone out of business.  I subsequently heard that the assets had been sold to a manufacturing company and some of the people went to work for that company so the technology in some form has survived.  I know that some people might find it cheesy or maybe even ‘girly’ to be so affected by such news because after all, it’s just a company.  But to me it was like a baby.  The people were important to me and I cared about them.  I have heard many of my entrepreneur friends refer to their businesses as their baby.  They equate the experience to one of giving birth to and nurturing it as best they can.  Starting a business is a wild financial, emotional, and physical ride very much akin to rearing kids!

At any rate, after letting that quote sit in my Outlook Inbox for a few days or weeks…I can’t really recall, I sent the following email to my fellow Director’s at the Austin Technology Incubator.

I think this [encouragement] is an important part of what we do.  As an entrepreneur (spirited horse) you have so many forces trying to bring you down, being critical, double guessing you, etc. that even the slightest amount of encouragement can keep you going and running faster.

Because our incentives are not set up like most investors/VCs, we can be liberal with our encouragement which I think is a huge intangible benefit we offer towards the success of our companies/entrepreneurs.

Giving someone (or a group) positive energy helps them see things they might not have been able to see or better said makes it easier for them to see things because they don’t feel threatened by criticism/limits.  I’d say a good example of this is what’s happening with [XYZ Company] with their big business model change.  But I can point to a few more companies as well who when encouraged and highlighted have increased their odds of success.

But that’s just me.  I believe in energy flows/vibrations at the sub atomic level and if you’ve noticed scientists have been proving and writing about this phenomenon.  And as someone who broke her arm at the age of 13 riding a big, black ex-race horse (whose name I think was Jude) who was inadvertently encouraged to run faster by another horse, I speak from experience.

I do believe that encouraging someone can go a long way to the success of that individual and/or the company.  Of course, encouragement has to be tempered with reality.  I don’t believe in the “let’s all win a medal for lifting a cup to our mouths” encouragement that some kids are subjected to because I think that sets them up for huge disappointment later.  As we all know, we don’t get medals just for showing up to work.  In fact, I like playing board games with my kids because someone has to lose and they have to realize that sometimes you win and sometimes you lose and in many cases the person who wins is determined by who draws the first card (e.g., Candy-land)! Plus when one of them starts to say ‘that’s not fair,’ it’s prime teaching time to let them know many things don’t seem fair in this world but they just have to deal with it.

But the right amount of encouragement, with a nice side helping of humorous perspective, can help someone (e.g., an entrepreneur) immensely especially during times when it seems like the rest of their world (investors, board members, employees, family) is pulling them down or doesn’t see or feel what they do.  I think the mere act of believing in someone, helping them focus on their strengths, and being there for them during a tough time, can have a huge impact on their ability to reach their full potential.

As usual the gorgeous photo is by my good friend Sandy Blanchard. When I look at it, I see a flower that was encouraged by the right amounts of sun, rain, and nutrients to open up and present such stunning beauty to the world…

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