The first Monday of each month, I dust off a favorite post from the Bennis Inc Blog archives and give you another chance to enjoy the wit and wisdom that’s been shared. Enjoy this month’s treasure – and if it inspires you – be sure to share it with family and friends!
While pursuing a career in the uncharted territory of entrepreneurship, I frequently encounter other entrepreneurs along my journey. Some are decades ahead of where I am (and hope to be) and others are merely minutes into their decision to take the leap.
Among this group of individuals, the veteran entrepreneurs always seem to have at least one quality in common regardless of industry or age—they have momentum. For the greener entrepreneurs, I struggle to assess whether they possess this same momentum or whether their inspiration is merely a fleeting moment. The difference in the meaning of these two words – and the effect they have on the success or failure of a dream – is far more profound than two little letters. Rather this “um” holds the inspiration, the drive and the courage to turn a single moment into a momentous career.
Is your dream a mere moment or does it carry momentum?
Among your friends and acquaintances, think about those who you would consider a dreamer or an entrepreneurial spirit. Chances are you have a variety. These people are likely different, each with their own qualities that earn them a spot in this category. Now think about those in this group who have taken a goal or idea and are in the active process of taking it to the next level. Chances are this no longer applies to everyone you originally thought of. Maybe those that don’t fit this description more accurately fit the description of coming up with brilliant and creative ideas one day, but then you never hear or see anything more about it.
This is the truest differentiation I can illustrate for you between moment and momentum. I, too, have contacts that I would consider entrepreneurs at heart, but this doesn’t mean every one of them has become a real life entrepreneur. Instead, there are those who think of innovative ideas all the time, but I’ve learned to not get too excited for they’re just having “a moment.” By the next month or even the next day, the big plan for a life change has already been forgotten as quickly as it was conceived.
How do we harness this moment of inspiration and turn it into momentum?
At the root of this problem are the differing qualities of each individual. Not everyone is meant to be an entrepreneur, just like not everyone is meant to be a doctor or a rocket scientist. We all have different strengths and for some, this is taking an idea from conception to completion. For others – this is a weakness. But just like how you were told when you were little that, “you can be anything you want when you grow up,” you CAN become an entrepreneur and find your inner momentum regardless of prior failed attempts. You have at least two options to better harness your moments of inspiration and turn them into something more substantial.
First, you can commit to making a personal effort to stop the bad habits that have led to loss of momentum in the past. This includes procrastination, lack of confidence, fear of hard work or fear of failure. Just as you would commit to quit smoking or lose weight, changing any existing habit takes energy and effort. Pick a single, well-defined goal and create a timeline of specific actions. When I knew I wanted to begin my own business, I defined all the steps I had to take to reach the point of leaving my former job. I knew I needed a functional web site, enough clients to pay the bills and to register myself as an official business with the government. And so I added these to my timeline and was specific in the actions I had to take to achieve them. Every day I would assign myself one immediate thing I could do to further this timeline, whether it was sending an email to a prospective client or creating a blog. These immediate action items prevented me from falling victim to procrastination or overwhelm because they kept me on track and made me feel accomplished each and every day. Over the course of a week and then a month, these actions ultimately came together to achieve my bigger goal. I still use this tactic when I’m in a phase of business growth.
If you’ve tried or are trying to change your habits to become a person of momentum, but it just isn’t picking up as quickly as you’d like – it might be time to consider the second option. You can team up with another person or group of people who will provide complimentary skills to help turn an idea into reality. Not every business is a sole proprietorship and that’s because sometimes working together is the only way to achieve a goal of a certain scope or size. If you have an idea for a product, but have no knowledge or direction on where to start with manufacturing it; find a partner who can provide expertise and connections in this area. A partner or team will also keep you accountable to your ideas and actions. It’s not so easy to let a dream fade if the dream is shared by many different people.
In talking with even the most successful entrepreneur, I would be shocked to hear that they never once had a failed idea or fleeting inspiration prior to their current business. To find our true calling, we must allow our mind to wander as creatively as it chooses without feeling pressured to turn every idea into reality. But when you do dream up an idea that you can envision changing your world, or the world of many others, you must find a way to harness this inspiration and keep it moving. Sometimes all it takes to turn a moment into momentum is the willingness to change yourself or team up with others…and of course a little “um!”