un-trepreneurship - my struggle with being an accidental entrepreneur
Post on 17-Oct-2014
3.204 views
DESCRIPTION
Just my story on how I got to do what I am doing, how I didn't actually want to start my business, how I had basically no choice, and jumped and did it. Outlining how I kept to my beliefs, how that got difficult as I got bigger, and how I eventually got peaceful with the fact that scale isn't a bad thing.TRANSCRIPT
The case for not scaling
Wil Reynolds Associate
@wilreynolds
@wilreynolds
My PATH
@wilreynolds
Make this matter
@wilreynolds
To this kid
@wilreynolds
Helping people to grow…
@wilreynolds
Rocket ship Startup Fail Fortune 500 Fail
@wilreynolds
Volunteering
@wilreynolds
I missed the kids (not the parents)
@wilreynolds
Me: Can I work through my lunch?
@wilreynolds
@wilreynolds
30 months, 30 knocks, 0 interviews, Desired salary: 48k
@wilreynolds
I quit.
@wilreynolds
I had no choice
@wilreynolds
1st Call
@wilreynolds
Entrepreneur, bleh
@wilreynolds
Associate
@wilreynolds
Entrepreneur
@wilreynolds
Untrepreneur
@wilreynolds
ACCIDENTAL Entrepreneur
@wilreynolds
@wilreynolds
My Compass
@wilreynolds
My QUIRKS
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Self-Righteous
24 @wilreynolds
“Never get over 10 people”
25 @wilreynolds
Know my team
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Out Care my competitors
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We are not getting over 15
@wilreynolds
Soul Searching
@wilreynolds
Growth vs Care
@wilreynolds
Got sick of saying “NO”
@wilreynolds
Growth vs Care Let’s “Grow”
@wilreynolds
So I scaled
@wilreynolds
Growth vs Care Let’s “Grow”
@wilreynolds
First thing to break … Promises + Processes
@wilreynolds
The Pain of Building non-scalable processes
@wilreynolds
Running into Walls, no planning
http://www.flickr.com/photos/mattmendoza
@wilreynolds
Hired Finance @
5.2 Million
http://www.flickr.com/photos/mattmendoza
@wilreynolds
Hired HR @
58 employees
http://www.flickr.com/photos/mattmendoza
@wilreynolds
Hired IT @
63 employees
http://www.flickr.com/photos/mattmendoza
@wilreynolds
My TEAM
@wilreynolds
Showering w/ My Team
@wilreynolds
Over communicate CARE
@wilreynolds
Instilling in your leaders the importance of TEAM
44 @wilreynolds
You can scale caring
@wilreynolds
When’s the last time you did something for …
@wilreynolds
My NUMBERS
@wilreynolds
The day 10% mattered
@wilreynolds
3 Tips for Accidental Entrepreneurs
@wilreynolds
Be a student…forever, be open to learning
@wilreynolds
First Rodeo
@wilreynolds
Be a student…forever
@wilreynolds
Be a student…forever
@wilreynolds
The one piece of advice everyone says…
@wilreynolds
Work on the business instead of in the business
@wilreynolds http://www.flickr.com/photos/61053765@N00/3971737082
@wilreynolds
Work on what makes you happy
@wilreynolds
Hire someone who’s happy place is “on” the business
@wilreynolds
On vs In
@wilreynolds
2002 – 2008-80% in / 20% on 2009 – 2012-20% in / 80% on 2013 – Beyond – 50/50
@wilreynolds
Growth is a retention strategy
@wilreynolds
Volunteer your time, keep your “problems” in check
