Embracing the Unknown: Why Young Entrepreneurs Can Thrive

I follow a small handful of Youtubers.  Most of the channels I watch focus on small business owners in various industries, or folks who are building an independent lifestyle…mostly off-grid. 

I love to watch them create something valuable and useful out of nothing but an idea and their belief that they can do it.  Sometimes they succeed on their first try, other times they need to adjust and try again.  I admire their willingness to push themselves way outside their comfort zone in pursuit of the way they want to live.      

This past weekend, I watched as the twenty-year-old daughter of someone I follow took the plunge to start her own coffee house.  She has 1-2 years of experience being a barista and talked about how much she loved that job, her teammates, and her customers. 

She told a nice story about how her mom met her dad 20-plus years ago.  He and his band came to perform at the coffee house where her mom worked as a barista.  She said that she would be investing her life savings in this new venture. 

She started by leasing a 1,900 square-foot space that had all the bones to become a great coffee house location. She and her mom set about visualizing and planning the space, identifying the equipment she’d need, and how they’d work together to remodel the space.  They talked about where the small kitchen would go, how the prep tables would be organized, where the coffee counter and espresso machines would go, how the space would be decorated for comfort and a relaxing vibe. 

As I watched them walk around visualizing, the experienced business manager in me started thinking about all the paperwork she’d need to file.  The health code permits, the special equipment she’d need, the certifications that may be required to serve food, the creation of a business and DBA, opening bank accounts, capitalizing, and accounting for the business…sales and income tax filings. 

I wondered how many customers she’d need to serve each day to generate an adequate cash flow and profit.  Had she identified her suppliers?  Did she know the supply costs yet?  How many employees would she need to hire to cover all the shifts?  Was she ready to establish a payroll process for her new employees, establish HR systems, purchase the various insurance coverages she’d need, including worker’s compensation coverage. 

Cut to the next scene in their video, and they’re filing the DBA paperwork, and starting to file the health code paperwork and forms.  It turns out that there is a healthy server certification that she’ll need to obtain (which includes a ton of study materials and a written test). 

She was undeterred.  She plowed straight into the process, all the while renovating and remodeling the space along with the help of friends and family. It was truly a labor of love for her.  After 3-4 weeks of work, the place was starting to take shape. 

What happens next?  I’ll be tuning in next week to find out.        

There’s a prevailing stereotype that youth and inexperience are synonymous with recklessness and abandon.

How can this 20-year-old possibly know enough to successfully launch her new coffee business? 

Look more closely and it may be that her lack of experience and knowledge are the catalyst for her leap into entrepreneurship.  She knows that she doesn’t want to work for someone else, and she loved her experience being a barista.  Why not create her own coffee house?   

One of the paradoxes of entrepreneurship is that knowledge, while valuable, can sometimes become a barrier to action. Older generations, armed with years of experience and a deep understanding of the intricacies involved in starting and running a business, may find themselves paralyzed by the fear of failure, or an unwillingness to put in all the work they know lies ahead. Knowing what they know, they can easily talk themselves out of almost anything.

On the other hand, young entrepreneurs often possess an infectious optimism and a sense of invincibility that propels them forward. Unencumbered by the weight of past failures or the mounting responsibilities of adulthood, they approach new ventures with a boldness that can be both exhilarating and inspiring. Their willingness to take risks stems not from ignorance, but from a belief that they can overcome any obstacle that stands in their way.

They are adaptable, more willing to pivot and change course when facing unexpected challenges. They haven’t yet become set in their ways or entrenched in established routines, allowing them to embrace change with a sense of excitement rather than fear. They view setbacks not as roadblocks, but as opportunities for growth and learning.

Young entrepreneurs understand the value of learning by doing. They’re not afraid to dive into the nitty-gritty of running a business, knowing that experience is the best teacher.

Will any of it be easy?  No.

Will she have moments of self-doubt, and fear of failing?  Yes. 

Will she overcome the wall of worry and doubt, plus all the challenges associated with owning and running a successful business?  Maybe, but I know she has what it takes to make it successful. 

Would I open a coffee house at this point in my life?  Nope. 

But I love that she’s pursuing her dream.  I love that her parents are there to help.  I can already see that they’re being supportive, but also letting her drive the process, take the risks, and make the decisions. 

If she were to ask for my advice, I’d tell her to consider the following (in no particular order):

  • Create or join a network of trusted allies and service providers.  Join the local Chamber of Commerce, a BNI chapter, or a group that has other business owners as members.  You’ll get to meet other entrepreneurs, compare notes with them, and many of them will provide services and expertise that you can use.
  • Focus on the customer’s experience in everything you do.  Advocate for your customers and they will advocate for you.
  • Start your marketing and awareness campaign long before the day you open your business.  While you’re remodeling the interior or your space, take the time to remodel and brand the exterior.  Put up “coming soon” signs.  Try to generate as much anticipation in your surrounding neighborhood as possible…again, long before opening day. 
  • If possible, ensure that your business has at least 3 months (or more) of operating capital in the bank at any time.  The more, the better.  You never know when something unexpected might happen…a big expense or capital investment opportunity, or maybe a cyclical downturn in your business. 
  • Remember that leaders always eat last.  This means you’ll probably have some lean times, financially.  Keeping your business healthy and paying your employees must come first.  It’s quite possible that you won’t be pulling anything that looks like a paycheck from your business for 6-12 months.  Prepare for this and realize it’s completely normal.   
  • As you hire employees, whether they’re part-time or full-time, make sure they know your values, why your coffee house is special, why they are fortunate to be part of your team and that you feel blessed and fortunate to have them on your team. 
  • Advocate for your employees, but don’t be afraid to quickly let go of employees who aren’t embracing your company culture. You need to employ believers in your mission…anything less is unacceptable.  I don’t remember who said it but hire slowly and fire fast.  Both are extremely difficult to do in practice but will pay off with amazing results if you’re able to do it. 

p/c – Nathan Lemon – Unsplash

Want to see what happens next with Belle’s coffee house?

Nothing You Love is Lost

“Nothing you love is lost.  Not really.  Things, people – they always go away, sooner or later. 

You can’t hold them any more than you can hold moonlight.  But, if they’ve touched you, if they’re inside you, then they’re still yours. 

The only things you ever really have are the ones you hold inside your heart.”

– Bruce Coville (h/t James Clear for sharing)

I’m working on a project for my kids and grandkids that has me writing answers to a series of about 75 questions.  It’ll be an autobiography of sorts…a collection of memories and stories about life from my perspective.

While answering a question that asked me to describe a typical school day, I eventually got to my life in high school. 

I found myself thinking about the first person who I’d known well that died. 

Mr. McNally, my freshman pre-algebra and senior year chemistry teacher, was killed by a drunk driver who ran a red light and broadsided his vehicle.

I hadn’t thought about Mr. McNally for many years, but the moment I thought about my time in high school, all the wonderful memories about him came flooding back.  I could see his witty smile; the lab coat he always wore in the chemistry lab. I remembered where I sat in the chem lab and the goofy glasses we had to wear when conducting experiments.     

His untimely death was devastating news for our school and all of us who knew him.  Mr. McNally was loved by his students.  He was one of the special teachers in my life.  The kind that not only teaches their subjects extremely well but had a profound impact on my growth as a person.

The unfortunate truth about life is that as the years go by, you’ll have to say goodbye to countless special people.  Family members. Friends.  Teachers. 

Some will die, some will move away.  In each case, we will lament that it was too soon.  Their departure leaves a shadow on our soul where once they belonged.    

I think the most powerful part of Coville’s quote is the way it highlights the transience of love and our relationships.  We can’t grasp or possess the moonlight, but we can admire it and the feeling it gives us.  Similarly, we can’t possess the people or experiences we love.  We can only cherish the memories and the impact they’ve had on us, and hope that we were able to return a positive impact to them.

Coville’s quote encourages us to appreciate the moments and connections we have while we have them.  Knowing that if they end, the love we shared with them and their significance endures, enriching our lives. 

May the memories you have of your loved ones remain with you always, and may those memories be a source of light and inspiration even as your journey continues without them. 

I have one favor to ask. If you enjoyed this post, please forward it to others.

p/c – Mike Labrum – Unsplash.com

Exiting the Tomb of Pessimism

“We must strive to exit our tomb of pessimism.”  I heard this phrase echo through the Cathedral during the Easter Vigil homily, a little over a week ago. 

As Catholics, we celebrate the resurrection of Jesus Christ every Easter…His triumphant exit from the tomb, three days after his crucifixion.

In a much smaller way, we have a daily invitation to cast off our heavy shroud of negativity.  To exit our tomb of pessimism. 

To break the shackles of hopelessness and redirect our thoughts toward a brighter horizon.    

If everything great begins with a thought or an idea, imagine channeling this power toward an optimistic future, filled with amazing possibilities. 

It’s easy to stay in this tomb of our own making, looking through the bars at all the people out there who are clearly happier, more successful, and have all the things we yearn for.    

The truth is none of them matter.  They have no impact on us…except to show us some possibilities, some ideas, and some pathways that worked for them.    

We have the power to rewrite our own narrative, to pivot our lives toward a more hopeful outlook.  The choice is ours alone. 

Escaping the tomb of pessimism demands courage and resolve. It requires us to confront our deepest fears and insecurities, to challenge the status quo of negativity that has held us captive and kept us comforted for so long.

Yet, it is only by confronting these challenges that we can find the promise of transformation.  Only through the struggle that we can discover a new sense of purpose.

Will you remain ensnared in the confines of pessimism, or will you seize the opportunity to step into the light, and walk away from your tomb of pessimism?    

The choice is yours.

Choose wisely.

p/c – Jelle de Gier – Unsplash

Turning Hope into Action: A Path to Achievement

Hope is extremely powerful.  Its power rates right up there with the power of love. It’s the whisper of aspiration that accompanies our desires and dreams. We hope for success, for love, for fulfillment.

But hope alone is not enough. Hope is not an action—it is merely the spark that ignites the flame of possibility. To transform hope into reality, we must take tangible steps toward our goals.

Consider these hopes (I could list 20 more examples):

“I hope I can pass this class.”

“I hope I find someone I want to spend the rest of my life with.”

“I hope I get to my appointment on time.”

“I hope I can get promoted at work.”

These statements reflect our desires.  Our aspirations.  But they do not guarantee outcomes. Hope, though powerful, cannot materialize our wishes on its own.

Hope is most powerful when it energizes our ideas, motivating us to translate our hopes into concrete plans and steps.    

The journey from hope to action is challenging. It requires us to believe in our possibilities and commit to making them happen. It requires us to confront our own inertia, to overcome self-doubt, and to navigate the uncertainties of the future. It demands courage—the willingness to take risks, to persevere in the face of setbacks, and to embrace the unknown.

Will our actions always lead to success?  Can we get everything we hope for? 

Of course not.  Life is filled with obstacles and disappointments. However, by taking proactive steps toward our aspirations, we increase the likelihood of realizing our dreams. Actions propel us forward, opening doors to opportunities we never imagined possible.

While hope is undeniably powerful, it is action that transforms hope into reality. We can’t merely hope for a better future.  We must actively strive to create it.

In the end, it is only through action that we shape our destiny and manifest the life we envision.    

p/c – Tommy Lisbin – Unsplash.com

Planting Your Ideas…and Cultivating Them in an Environment of Trust and Collaboration

Imagine presenting your boss with a blank canvas, expecting them to sketch out the details of your plan—not impressive.

Instead, consider offering a detailed outline of your proposed actions, complete with timelines and expected outcomes. This approach allows your boss to review your thoroughness and provide feedback, while still enabling you to take the lead on the initiative.

As you consistently demonstrate the quality and reliability of your ideas, your boss may rely less on reviewing your plans in detail, knowing they align with your track record of success. This trust opens the door for you to play a more significant role in decision-making and strategy development.

Bosses appreciate having the opportunity to refine and improve upon existing ideas rather than starting from scratch. They usually don’t have the time or are unwilling to take the time to create from scratch. That’s your job.

By presenting well-researched proposals supported by data and evidence, you provide a solid foundation for collaboration. Offering multiple options allows your boss to feel involved in the decision-making process while subtly guiding them toward your preferred solution.

Timing matters. Choose moments when your boss is receptive and avoid times of stress or distraction. By seeking feedback and actively listening to your boss’s input, you demonstrate a willingness to collaborate, adapt, and learn.

Your goal is always to build a relationship of trust and collaboration. When this happens, your ideas have an opportunity to thrive and contribute to your organization’s innovation and growth.

You can walk around with your blank canvas, wondering why your ideas never get attention. Or, you can raise your hand, and share your ideas in a way that multiplies your boss’s (and your) effectiveness.  I choose the second option every time. 

p/c – Jonny Caspari, Unsplash.com

I have one favor to ask. If you enjoyed this post and found it useful, please forward it to someone else. Thanks!

Making the Clay: A parable about how projects come to life.

p/c WAI – John Cargile

In the dim glow of his studio, the sculptor stood before a vast expanse of pristine clay, lost in thought. His mind danced with visions of what he would create—a masterpiece that would captivate hearts and minds, a testament to his skill and vision. Yet, before his hands could shape the clay, there were crucial steps to take, like preparing the raw material before the artistry could begin.

As he contemplated the sculpture taking form in his mind’s eye, he pondered the perspectives he would bring to his creation. Each angle, each curve held significance, and he knew that his vision would resonate differently with each observer. He envisioned the awe in their eyes, the whispers of admiration as they saw his work.

But this sculpture would be unlike any he had attempted before—it would be monumental, stretching skyward in grandeur. The clay alone would not suffice; he would need the finest materials that could withstand the test of time. Yet, the cost of these materials weighed heavily on his mind. It was a venture that would require more than just his own resources.

Thus, he embarked on a journey to seek investors—patrons who believed in his vision and were willing to invest in its realization. With their support, he would procure the materials necessary to bring his creation to life. But it was not just financial backing he sought; he needed a team of skilled artisans who would join him on this sculpting journey.

Finding the right team was no small feat. Each member would bring their own expertise and perspective, enriching the project with their unique talents. Yet, it was not just a matter of talent—they would need to share his passion and commitment, willing to sacrifice their own pursuits to see the vision through.

And so, he set out to assemble his team, each member drawn by the promise of being part of something extraordinary. Yet, he knew that their dedication could not go unrewarded. He would provide for them, ensuring they had the means to sustain themselves as they poured their hearts and souls into the project.

With each detail meticulously planned, he secured a space large enough to accommodate the monumental sculpture, a blank canvas upon which his vision would take shape. And in his heart, he held onto the hope that there would be a patron waiting in the wings, eager to claim his creation as their own.  A customer.

As he surveyed the clay before him, he saw not just a mound of earth, but the embodiment of possibility—the first step in a journey that would culminate in something truly extraordinary.

With determination burning bright in his eyes, the sculptor began to mold the clay, each touch infused with passion and purpose. He knew that before the sculpture could stand tall, it must first be brought to life in the fertile soil of his imagination.

Sound familiar? 

If you launch a new idea, a new project, a new company, or a new rocket…you’re the sculptor.  You alone see your vision.  To see this new vision come to life, you will need to gather others, inspire them, challenge them, and ultimately organize your new team toward the goal of making your vision a reality. 

It won’t be easy.  Great things never are.  You’ll risk failure at every turn.  You’ll have to overcome challenges you never knew existed.    

But you’ll never achieve meaningful success in your project (whatever it is) without taking the risk, making the clay, gathering your team, and ultimately bringing your vision to life. 

I have one favor to ask: If you like this content and think someone else will like it as well, please forward this post to them.

The Power of Multiplying Yourself: Why Training and Supporting Your Team Leads to Success

The belief that doing everything yourself is faster can limit growth. Training and empowering your team leads to expanded capabilities, time for strategic initiatives, and a strong organizational culture.

p/c: Andrea Gian – Unsplash

“It’ll be faster for me to just handle this task now and get it done.”

“It’ll take me more time to train someone how to do this than it will take me to do it myself.”

“I’ll just take care of this task myself and get it out of the way.”

Sound familiar? 

It’s easy to fall into this trap of thinking that doing everything yourself is the most efficient way to get things done. This mindset not only limits your own growth and potential but also minimizes your team’s and your organization’s potential.

Investing your time in training and supporting your direct reports is not just beneficial—it’s essential for long-term success.

Here’s why:

  • Trust and Empowerment: When you take the time to train your team members, you show them that you trust their abilities. This trust fosters a sense of empowerment, motivating them to take on new challenges and responsibilities with confidence.
  • Expanded Capabilities: By preparing your team for their next levels of challenge, you expand their capabilities and push their limits outward. Consider this: Instead of just solving today’s problems, imagine if your team could handle tomorrow’s challenges without you needing to intervene. As they tackle new tasks and acquire new skills, they become stronger and more versatile contributors to the organization.
  • Time Management: While it may seem faster to handle tasks yourself in the short term, investing in training your team ultimately frees up your time for higher-level responsibilities. Imagine if you could focus on strategic initiatives, process improvement, and growth opportunities for the organization, rather than being bogged down in day-to-day tasks.
  • Cultural Impact: Creating a culture of learning and growth within your team not only boosts morale but also strengthens the entire organization. When your team members feel challenged and supported in their professional development, they’re more engaged and motivated to contribute their best work.
  • Preparation for Growth: By nurturing the skills and talents of your team members, you’re preparing the organization to adapt and grow. A team that is continuously learning and evolving is better equipped to handle the new challenges that are just around the corner (whether you see them coming, or not).

Neglecting your team’s development can have serious consequences. Employees who feel stagnant and unchallenged are more likely to become disengaged. Disengaged employees will leave, or worse, they’ll choose to stay and become seat warmers—adding nothing valuable to the organization.

People want to learn. They want to be challenged. They are most engaged when they’re pushing the boundaries of their capability, taking on new skills, and becoming more valuable to their organization.

The adage of “it’s faster to do it myself” is short-sighted and will limit your career growth.

Take the time to train and support your team. You will multiply your effectiveness and create a powerful culture of empowerment and continuous improvement within your organization.

Navigating Fear…A Personal Guide to Freedom and Growth

Fear is like that well-meaning friend who occasionally oversteps boundaries. It’s a survival instinct, a leftover trait from our ancestors who needed it to avoid becoming someone else’s lunch. It can guide us toward wise choices and help us steer clear of danger.

Our imagination, on the other hand, is a bit of a storyteller, especially when it comes to tales that can hold us back. With all our experiences and secrets tucked away in our minds, our imagination can whip up some remarkably dreadful future scenarios. And our lizard brains? They thrive on responding to fear.

Fear is undoubtedly real. The fear of failure, loss, embarrassment, injury, loneliness, helplessness, and death can have profound impacts on our thoughts and actions. However, if we recognize, understand, and confront these fears head-on, it will be like flicking on the lights in a dark room – suddenly, the monsters lose their scariness.

By acknowledging that fear is a living part of us, we can take steps toward asserting our control over it. Fear shouldn’t be in the driver’s seat. 

“Yea, though I walk through the valley of the shadow of death, I will fear no evil: for thou art with me; thy rod and thy staff they comfort me.” – Psalm 23

We aren’t alone in this journey of conquering fear. We have a loving God, supportive family, and caring friends to help us face our fears. They can offer a broader perspective and lend a hand when we need it most.

Life is a rollercoaster of unknowns, and fear hates rollercoasters. Instead of fearing the unknown, befriend it. New ideas, experiences, and relationships? Embrace them as opportunities, be curious, and let the adventure unfold.

Life is rarely easy, and sometimes truly terrible things happen to us. But, fear should be the backseat driver, not our navigator.

“I must not fear. Fear is the mind-killer.

Fear is the little-death that brings total obliteration.

I will face my fear. I will permit it to pass over me and through me.

And, when it has gone past, I will turn the inner eye to see its path.

Where the fear has gone there will be nothing. Only I will remain.”

–Paul Atreides in the novel Dune, by Frank Herbert

Photo: Why hot air balloons? Well, taking a ride in a hot air balloon would not be possible if we let fear make the decision. I’m happy to report the balloon ride was amazing!

I have one favor to ask:  If you find this information useful, please forward and recommend it to someone else.  Thanks! 

The Delicate Balance of Telling and Teaching

Your role as the teacher and mentor is to prepare your mentee to work independently and effectively…

“I can’t believe she can’t tie her own shoes.  She’s old enough to know by now.”

My friend was talking about his 5-year-old daughter at the time. 

I asked if he’d ever taken the time to teach her how to tie her shoes.  He stared at me and said that wasn’t his job and that she should have figured it out by now. 

Why tell this story (which really happened!)? 

To illustrate how important it is to teach and mentor others…whether they’re our kids, grandkids, employees, family, or friends. 

It should be obvious that if you don’t teach, your student misses out on the chance to truly learn and grow.  By choosing not to teach, you’re short-changing your mentee of the lessons you’ve learned through hard-earned experience.

In moments of urgency or simplicity, direct instructions are most appropriate, providing a clear roadmap for immediate action (telling).

But true teaching is the art of imparting understanding – the “why” behind actions. It requires a commitment of time and energy, and showcases the significance of tasks, the interconnections between steps, and the importance of specific approaches…usually through storytelling.  

What kinds of stories?  Stories that provide a personal connection, illustrate key points, and allow your learners to connect emotionally to what you’re teaching.  Stories also help students drop their defensiveness toward receiving new information.

Another great teaching method is to ask questions. Questions encourage critical thinking.  Ask the student why they think something is important, or how they view a situation.  What would they do in the situation?  What’s happening that may not be obvious? If their answers are incomplete or miss the nuances of a situation, you can provide additional perspectives and help them understand what to look for.

How can we tell stories and ask questions about something when it’s urgent?  We already learned that in urgent situations, telling is often the most appropriate way of getting the right action quickly.  To create truly teachable moments resulting from an urgent event, it’s critical that you take the time after the urgency has passed to discuss lessons learned, and maybe even how to avoid the urgency next time.  

Your role as the teacher and mentor is to prepare your mentee to work independently and effectively.  Not only how to tie their shoes, but why it’s important to tie them in the first place. 

I have one favor to ask:  If you find this information useful, please forward and recommend it to someone else.  Thanks! 

Delegation isn’t Abdication

Delegation isn’t a “set it and forget it” task. As the leader, you aren’t abdicating the task and walking away…

How’s your delegation game? If you’re like most managers, I bet there’s room for improvement. As leaders, our ability to delegate effectively is a cornerstone of organizational success.

When done correctly, delegation is a powerful tool for growth, multiplying a leader’s effectiveness and unlocking the full potential of individuals and their organization.

Delegation isn’t a mere task transfer—a way to dump all the unpleasant tasks off your plate and onto someone else’s. True delegation involves entrusting the responsibility and authority needed for the team member to take emotional ownership of the assignment. This is the only way they’ll be able to make the decisions necessary for success.

Delegation isn’t a “set it and forget it” task. As the leader, you aren’t abdicating the task and walking away. It’s critical that you remove your ego from the equation, recognizing that your team member’s approach may differ from yours. Your job is to provide the necessary space and grace for team members to be successful. Moreover, you should offer support, insights, and resources to aid in their success without dictating every step.

Delegation is the linchpin for developing a pipeline of future leaders. Breaking employees free from routine tasks pushes them outside their comfort zones. They learn more about their organization and themselves. Their picture of the organization becomes clearer, and their connection to the organization strengthens.

Success breeds confidence. Not only is the leader’s effectiveness multiplied when their team members succeed, team members gain confidence to handle future challenges. When setbacks occur, leaders should provide guidance, help redirect efforts, and work collaboratively to identify lessons learned.

Managers who refrain from delegation or hoard the “secret sauce” of their roles create a bottleneck in leadership development. They will find themselves locked into their roles, unable to develop or contribute to other parts of the organization. Their failure to prepare team members for advancement creates a stagnant environment that hinders overall organizational agility. Without a culture of delegation, an organization will struggle to identify and nurture emerging talent.

One other thing about delegation: when you delegate an important task, it’s your job to champion your team member’s efforts within the organization. If you’re congratulated for their success, make sure your team members get recognized for doing the work. If things go poorly, own the failure and work with your team members to improve their chance of success the next time.

Delegation is not just a skill. It’s a long-term strategic commitment to nurturing and building tomorrow’s leaders.

How can you enhance your delegation practices today?

I have one favor to ask:  If you find this information useful, please forward and recommend it to someone else.  Thanks!