Posts Tagged ‘entrepreneur’

The Ebb and Flow of Work and Life

The phrase “work-life balance” is a vexing one. Some people think it is impossible. Others strive for it. Many entrepreneurs, and pundits about entrepreneurship, reject it as impossible. Others believe that figuring out how to balance work and life is a sign of a more enlightened entrepreneurial perspective.

In Startup Life: Surviving and Thriving in a Relationship with an Entrepreneur Amy and I talk about many of the tactics we use to integrate work and life, which Amy loving refers to as “all the time that I’m not working.”  We don’t often use the phrase work-life balance as we aren’t striving for a balance between the two, but rather an effective integration of them. I’ve been using the word “equilibrium” lately which feels different to me than the word “balance”, but I know many people will equate the two.

The challenge is that we are dealing with a very dynamic system that ebbs and flows continually. It’s early Saturday morning – I’m at the John Wayne Airport waiting for my flight home. I have an absurd amount of email backed up from the week. I’m currently on top everything in my portfolio, so I feel good about that, but I’ve got a long writing backlog. And there’s a bunch of things I’d like to explore. So I have much more work than I could possibly do this weekend, even if I spent the entire weekend working.

On the non-work front, I haven’t seen Amy (except for several times a day on Facetime) since early Tuesday morning when I left for Seattle. I miss her and Brooks the wonder dog. We have dinner with my brother, my partner Ryan, and their wives tonight. I have a 2:10 hour run on Sunday morning (I have a marathon next weekend) and a massage in the afternoon. And I want to watch last week’s episode of Scandal.

There’s no way to “balance” all that stuff or achieve any semblance of balance. But I can get to an equilibrium where I’m happy, Amy is happy, and I have fun. Sure – I’ll work some, but I’ll rest some also. I’ll spend some time by myself (mostly during my run) and I’ll get to go to bed and wake up with Amy each day. I’ll be in Boulder, a town I love, with friends who are dear to me. And I’m sure I’ll spend some time laying on the couch snuggling with my dog.

Next week will be completely different than this last week. Next weekend we are in Arkansas and I’m running a marathon. Amy will be there. Then I’ll be off to Boston for a few days. then DC, then NY. Alone again. I won’t be striving for “balance”, but I’ll roll with the ebb and flow.

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February 23rd, 2013     Categories: Startup Life     Tags: , , ,

Launching Startup Life: Surviving And Thriving In A Relationship With An Entrepreneur

Startup Life: Surviving and Thriving in a Relationship with an EntrepreneurThe second book in the Startup Revolution series, Startup Life: Surviving And Thriving In A Relationship With An Entrepreneur, is shipping in the next week or so. My wife Amy Batchelor and I wrote this one, with contributions from about 20 other entrepreneurial couples.

Amy and I have been friends since we met in college in 1984. We have been together as a couple since 1990. We got married in 1993. Our marriage almost ended in 2000. Today, I am ecstatic in my relationship with Amy. We’ve worked hard over the past 11 years to figure things out, get it right, and build a long-term, sustainable relationship.

Startup Life explores the unique challenges that exist in the context of a relationship with an entrepreneur. Like my other books, there’s a lot of personal stuff in it – in this case, from both of us. We include lots of stories and wisdom from our entrepreneurial friends, especially in areas where we have no experience, like that of having – and dealing with – children in the relationship.

Amy and I have been talking about writing this book since 2007. It was an awesome experience to write it together – all of the expected collaboration dynamics appeared. For example, when we started, I wanted to simply split up tasks and write chunks separately; Amy wanted to collaborate on every word. After a laugh together about the clicheish male / female gender stuff at work here, we quickly figured out how to make progress together.

Of all the books I’ve written, I’m most proud of this one. We dug deep into our own life, experiences, and personalities. We bared our souls a lot. We’ve got a lot to learn still about relationships, but we feel like we covered a lot of ground in this book.

Several early readers have told us this is a great broad relationship book that applies to any couple. While we hope that is the case, we especially focused on the special stresses that we’ve experienced in an entrepreneurial life. Either way, we hope there’s a lot here that can be helpful.

If the topic appeals to you, pre-order a copy of Startup Life: Surviving and Thriving in a Relationship today. Engage with articles you find interesting about this topic on the Startup Revolution Hub. And look for a lot more on the Startup Life blog in the coming weeks.

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January 7th, 2013     Categories: Startup Life     Tags: , , , , ,

The Power Of Honesty In An Entrepreneur – VC Relationship

Rajat Bhargava and I have been working together since 1994. We’ve been involved in creating seven companies together (the most recent ones are MobileDay and Yesware) and, while most have been successful, we’ve had a huge number of positive and negative experiences along the way. We’ve mostly had a lot of fun and, when we haven’t, we always made sure we figured out what went wrong.

 just put up an interview with us on the Inc. Magazine site titled 4 Signs You Should Say ‘No’ to a VC which I thought was excellent. She explores the entrepreneur – VC relationship and suggests four warning signs for an entrepreneur when interacting with a VC.

  1. The VC isn’t fascinated with your product
  2. He (or she)’s just not that into you
  3. You can’t be completely honest
  4. The VC doesn’t treat you like an equal

The paragraph on “you can’t be completely honest” is a seminal moment in my relationship with Raj. It also was a key point in my work career where, upon reflection, I completely and totally grokked the importance of being honest in the moment, clear about my reasoning, and willing to change my perspective based on new information, rather than feeling stuck in simply delivering a message. The section from the article follows:

“The important thing is to be completely transparent,” Bhargava says. “It’s very, very difficult to be transparent about your business, but it goes a long way toward building that relationship. ‘Here’s what I’m going through; here’s what I’m struggling with; here’s what I need help with.’ You have to know if that will spook the investor or if they’ll want to dig in and help you.”

That ability to be honest was a great asset in Feld and Bhargava’s relationship when they worked together on Interliant, the only one of their ventures that did not survive. After some politicking by a different executive, Feld removed a part of the company’s operations from Bhargava’s oversight. Bhargava took a few days to calm down, but then he explained forthrightly how disappointed he was and why he believed Feld had made the wrong decision. “Being open and directly confronting the issues, you get through it,” Bhargava says now. “I felt hurt, but I think our relationship is that much stronger.”

As for Feld, he recalls returning to his hotel after discussing the matter over dinner and feeling physically ill. “I knew I had completely screwed up,” he says.

I count Raj as one of my closest friends and trust him with my life. He’s had an enormous influence on how I behave as an investor and how I interact with entrepreneurs. Raj – thanks man – I look forward to many more years working together.

August 6th, 2012     Categories: Venture Capital     Tags: , , , , ,