The beginning of a startup is always an idea. It’s
coupled with a belief that this idea has insane potential. As founders, we’re
so passionate about our idea that we’re willing to bet our blood, sweat and
money on it with no assurance of returns.
The beginning of a startup is also almost
always chaotic. The journey of transforming an idea into a reality is
undoubtedly fraught with uncertainty and strategies that evolve at the drop of
a hat. The adage, change is constant,
sometimes feels like it was written with us in mind.
Think about it. We have limited resources in
terms of both money and manpower. Marketing and sales strategies, especially at
the early stages are a game of trial and error. You literally never know what
you’re going to hit gold with (if at all)! The need to play around with even
the best laid plans and reallocate resources arises almost every other day.
Startup founders take pride in their agility.
Investors appreciate it too. After all, they want their founders to be able to
pivot quickly to cut losses. The media and public perception also aggrandizes
the lack of structure in early stages and people quit the “rigid corporate
world” to join startups to enjoy creative freedom and flexibility.
But… When does this state of constant change
become too much? At what stage does this start looking like commitment issues
or even an attention deficiency disorder?
Trust me, it happens to the best of us!
There comes a point where founders need to
evaluate whether this constant flux is really required. It perhaps comes when
you’ve been at it for a few months, or sometimes even a few years. It comes
when you have a team whom you need to lead and inspire. It definitely comes
when you find yourself plateauing and not seeing the growth you expected.
When you find that either of these things have
happened, it’s important to take a step back and ask yourself a few questions
and answer them in the most honest way possible. In fact, I recommend that if
you’re squeamish about any of these questions, it’s time to take a cold, hard
look at the way you’re running your business!
1. Are you looking at the bigger picture? When you are pre-revenue, all founders are completely about the vision. You’re focused on making your dream into a reality and you
try to be as true to the dream as possible. The moment you get paying
customers, the focus shifts to customer service, operations and primarily,
damage control! Are you as founders dedicating enough time to the big picture?
There can be no growth without it!
2.
Are you following through? It’s important to commit to any
strategy that you begin to implement. Commitment means detailed tracking of
implementation and its results. It means giving each strategy enough time and
enough of a chance. Are you giving up too quick?
3.
Is your team’s performance
trackable? If you
keep pulling your entire team into whatever latest crisis your facing, you’re
distracting them from the main tasks that you hired them for. This results in
ambiguity in what they’re supposed to deliver and therefore a lot of grey area
in terms of what they’re supposed to do. That’s a major F*up. If they don’t
know what they’re meant to do, they’re not going to do it.
The fact of the matter is that large corporations
work a certain way for a reason. There is a need for processes as you grow.
There is a need to build in tracking and reporting structures. The fact of the
matter is also that the agility that we take pride in can also be used to
introduce this structure. Even if processes and structure is not how the world
perceives how startups should work.
Was this blog insightful? Share your thoughts in the comments below!
PC: Freepik
Was this blog insightful? Share your thoughts in the comments below!
PC: Freepik


Well written piece from 1st hand experience.. which always shows deep connect.. Yes one other key thought is to decide when "not to change".. Too many (or too frequent) changes are also not desirable. Every change brings challenges, mostly from process changes and training.. specially when this change can impact customer delight or satisfaction !
ReplyDeleteCompletely agree!
DeleteI've only recently entered the start-up world and its a refreshing change from a structured corporate. But at the same time, I feel agility and being quick-on-your-feet is as important to an established corporate as it is to a fledgling start-up. Further, structure doesn't inhibit agility, it can enable it, as long as it followed correctly. Its when structure becomes bureaucratic that inertia sets in. Yes, at start-ups you have a little more room to be less structured, and often fall back on the most overused start-up term 'pivot', but structure and SOPs should be put into place sooner vs later.
ReplyDeleteAgain.. totally agree. One must not change just because they can. And one must not run away from structure just because they're a start up.
Delete