Wednesday 13 August 2014

When is being an entrepreneur like being a stand-up comedian?




The answers are many… 

Both get a lot of feedback, both have to test material and ideas to be successful, both dare to do things differently, both are creatives, both take years to be successful but for some look like ‘over night successes’, both sometimes don’t do what they do for money – but a lot of money goes to the few that ‘make’ it. 


But there are other sadder reasons and perhaps more poignant reasons too. 

You see I know you know. Robin Williams died yesterday. There has been much written about it and rightly so. He was a genius, with lots of works created, some brilliant, some awful, some strangely successful money wise but a man who suffered with depression, even though some might say “he was the funniest man in the world.”  

It is truly saddening that Robin Williams has died, what might be more saddening is the negative social media reaction around this which has caused his daughter Zelda to delete her Twitter account after receiving cruel tweets following her father's death. We can conclude we live in strange times and some people have no respect.

But...

In the end an opportunity for goodness. 


What I hope is what his death does do is “give” us all the opportunity to be more open about depression. Especially amongst my peer group of entrepreneurs and people who work in start ups. As in the latest Gallup-Healthways Well-Being Index, 34 percent of entrepreneurs--4 percentage points more than other workers--reported they were worried. And 45 percent of entrepreneurs said they were stressed, 3 percentage points more than other workers. This makes sense as they start the business, but they are also much more likely to be depressed. As Niall Harbison*, himself a successful entrepreneur who suffered with depression states:

“Given the huge pressure that most founders come under during the early days of a business, it is … more likely that they’ll get it. I didn’t know what it was before, but now I know the signs I see it happen to people all the time. It is such a taboo subject though that nobody ever wants to talk about it because of the fear of being seen as a failure.”
And from a personal point of view from a social media friend of mine in Manchester, Rachel Thompson, wrote this blog this morning saying:

“Hearing that this well-known, well-respected, genius of a man could no longer cope with his battle spurred me to write something about my own experiences. I’ve toyed with it for a number of months, even thinking that it would help me to deal with my own ‘journey’ but it’s taken until this time to finally be able to write it down.

That blog is here and wonderful. God speed Rachel. And again fair play for writing it – you have more guts than I…. Another friend of mine Steve Kuncewicz who applauded Rachel today might be right in saying: Rachel is one of the brightest, most able and generally brilliant people I know.And it would seem that with genius comes depression but is it that dry cut?


The Taboo of Depression in Startups. 


With a different angle for myself, depression is something that is finally being “called out” in the entrepreneurial community. Finally! As reported only a month ago , in this award winning blog “The Psychological Price of Entrepreneurship.” As the author brilliantly puts it:

“No one said building a company was easy. But it's time to be honest about how brutal it really is--and the price so many founders secretly pay.”

She continues: “Until recently, admitting such sentiments was taboo. Rather than showing vulnerability, business leaders have practiced what social psychiatrists call impression management--also known as "fake it till you make it." Toby Thomas, CEO of EnSite Solutions (No. 188 on the Inc. 500), explains the phenomenon with his favorite analogy: a man riding a lion. "People look at him and think, This guy's really got it together! He's brave!" says Thomas. "And the man riding the lion is thinking, How the hell did I get on a lion, and how do I keep from getting eaten?"

And she sadly reports: “Not everyone who walks through darkness makes it out. In January, well-known founder Jody Sherman, 47, of the e-commerce site Ecomom took his own life. His death shook the start-up community. It also reignited a discussion about entrepreneurship and mental health that began two years earlier after the suicide of Ilya Zhitomirskiy, the 22-year-old co-founder of Diaspora, a social networking site.”


The Danger of the Mad Genius

 

Many of these founders were known for their brilliance but perhaps by associating depression with brilliance we do the disease an injustice. Perhaps Mary Hamilton** in the Guardian put it best, as someone who has also suffered with the disease, that: 

“The flip side of the media response is a slew of articles tying Williams’ comedic genius inextricably to his depression and struggles with addiction. But he was brilliant despite his mental illness, not because of it….. without his brilliance, the madness would remain, and without his madness, the brilliance might have shone so much more brightly…..There is a strange ambiguity about the “mad genius” narrative that feeds into anxieties about getting treatment. What if, without the depression, I am no longer me? What if I lose my creative spark?”

Perhaps this is what happened to Robin (Mr Williams); perhaps this is what happens to some founders of businesses such as Ben Huh, the CEO of the Cheezburger Network humor websites, Sean Percival, a former MySpace vice president and co-founder of the children's clothing start-up Wittlebee, penned a piece called "When It's Not All Good, Ask for Help" on his website. 
And Brad Feld, a managing director of the Foundry Group, states after his blog on his depression received hundreds of positive emails, from people as he says were:
“Very successful people, very visible, very charismatic--yet they've struggled with this silently. There's a sense that they can't talk about it, that it's a weakness or a shame or something. They feel like they're hiding, which makes the whole thing worse."
Perhaps they don’t go for help believing that this is something that makes them, rather than breaks them. I know from experience that working with start ups their founders can have as John Gartner, a practicing psychologist who teaches at Johns Hopkins University Medical School says:
"If you're manic, you think you're Jesus," says Gartner. "If you're hypomanic, you think you're God's gift to technology investing. We're talking about different levels of grandiosity but the same symptoms."
Symptoms that I also share, that many entrepreneurs share, as John Gartner concludes in his book, The Hypomanic Edge: The Link Between (a Little) Craziness and (a Lot of) Success in America, , this tendency in the “often-overlooked temperament--hypomania--may be responsible for some entrepreneurs' strengths as well as their flaws.”
But perhaps you can or should have one without the other as Mary states. So to answer my blogs original question. 

What do stand up comedians  have in common with entrepreneurs?

More than we might like to think about. For reasons that aren't not worth joking about.
 -----------

References:

*Niall Harbison himself is a Irish entrepreneur who co-founded Simply Zesty and is now CEO of PR Slides. His book Get Sh*t Done was published in June 2014.

** A version of this article originally appeared at maryhamilton.co.uk

Just leave me to do my work!

This blog from Seth Godin is so wise for me right now, as I have had myself 'working' on a project now but from the wrong angle.So I put it in entirety without comment so I can remember the lessons from it.

"Just leave me to do my work!"



I need a sales rep (or ten) to do the selling so I can do my work.

And investors to put up the money so I can do my work.

And an accounting staff so I won't have to think about inflows and outflows so I can do my work.

And an admin to process and answer all my email and my paperwork...

And employees who already know what to do so they won't ask me...

And an organization that not only doesn't make me go to meetings, but also instantly understands and adopts my best ideas...

And a coffee boy to bring me an espresso, a police escort so I don't get stuck in traffic and a publicist so every media outlet in the world communicates what I'm working on.

By now, you've probably realized:

This isn't going to happen. Not as completely or as flawlessly as we'd like to hope. We need the leverage that comes from working with other people, but that leverage also means that we're responsible. People who do great work also embrace the fact that this is their work too. It's not merely an interruption or a distraction, it's part of what they do.

There are no monasteries reserved for productive, successful artists who regularly ship inspiring work. 

Our culture responds to instigators and impresarios who figure out how to make a ruckus in a complicated world.

Years ago, you had to work with a quill or a manual typewriter. You needed to wait for the post office and you had no free and highly-leveraged outlet for your work to be seen by others. You had no access to a huge, instant and free library of the work that has come before... and yet, despite all of those missing elements, great work was created.

My guess is that the few people who find themselves isolated with nothing to do but what they believe is their work find a way to distract themselves with something anyway.

And people who have too many distractions to actually do any real work are in that bind because they haven't invested enough time, effort or risk in their organization and their process. 

Yes, there's a sweet spot.

As you obtain leverage, that leverage becomes part of what your work becomes.

We are leaving you to do your work. Go!