How the Rookie Crumbles
Is your business off to a crummy start? Learn how facing your faults can put your business on a solid foundation.
URL:
http://www.entrepreneur.com/magazine/entrepreneursstartupsmagazine/2004/february/68922.html
As scientific studies go, it at first sounds ridiculous. Making
headlines last year was the news that a doctoral student in England
had identified the "that" in the expression,
"That's how the cookie crumbles." Qasim Saleem and
his colleagues at Loughborough University in Leicestershire,
England, used a laser beam to follow tiny deformations that form as
the cookie picks up moisture near the edge and loses it near the
center.
What follows are ruptures in the cookie that make it susceptible
to crumbling, causing the cookie to be prone to disaster even
before the customer reaches for it. The point of the research is
that cookie makers want to stop throwing up their hands and saying
"That's how the cookie crumbles." They want to fix
the problem-and save immeasurable dollars in lost cookie revenue in
the process.
It's a good bet you never learned in Business 101 that
entrepreneurs are a lot like cookies. Like the cookie that has
fault lines somewhere in its sugar, shortening, flour and vanilla
extract, every entrepreneur has some personal weakness inside all
those mitochondria and brain cells, a weakness that will affect how
his or her business is run.
The question is whether your flaw is harmless or the type that
could short-circuit everything you're trying to create. And the
problem is that even seemingly harmless shortcomings can end up
hurting your company. If you aren't very good at accounting,
that may be fine while you're the only employee. But the slack
may not be cut when you've hired two more people, and
you've misplaced a decimal on their paychecks so they've
been working for $1.20 an hour instead of $12. They may not find
that funny.
There's a lesson here. Before you open for business, make
sure you're ready for business. Tap your inner Socrates, and
take to heart his oft-quoted phrase: Know thyself. And how do you
know thyself? It helps to know what weaknesses entrepreneurs
frequently share.
Achilles' Heel
Missy Cohen-Fyffe, 42, came to a crossroads a few years ago,
when she realized she would have to give up some control of her
company, or quit. And she doesn't mince words. "I always
refer to my behavior as being a control freak. It's not
flattering at all. But the nuts and bolts of the problem is that I
often think it won't be done right if I'm not the one doing
it."
Certainly, in the beginning, Cohen-Fyffe had all the control,
which made sense-she was the only employee. And so naturally,
things were being done the way she wanted them. But her thirst for
control almost kept her from hiring employees, and worse, from
letting them do anything once they were hired.
In 1999, she began Babe Ease LLC in Pelham, New Hampshire, to sell
Clean Shopper, a cushion that fits over seats and handlebars of
grocery carts so tots with a taste for teething can gnaw away on
the cushion and not the handle, which has likely been handled by
347,897 shoppers beforehand.
It was and continues to be a success: Babe Ease, which makes
other baby-friendly products, is projecting $2 million in sales in
2004. But in early 2001, Cohen-Fyffe was a one-woman show, putting
in eight hours a day at her business, coming home to spend time
with her husband and two children, and then working to fill orders
from 8 p.m. until about 2 a.m. She'd sometimes enlist her
spouse to help her stuff packages while watching Jay Leno.
The turning point came after an annual February vacation, says
Cohen-Fyffe. "When I got back, I was mortified by the level of
work waiting for me." Cohen-Fyffe realized her need for
control meant that she was frequently feeling out of control. She
was either going to have to hire employees and turn her operation
into a full-fledged business, quit, or keep working and eventually
go insane.
Neither of the latter options sounded promising; the former
seemed appealing. She discussed the situation with her spouse, who
believed she should go for it. So Cohen-Fyffe did, after several
more months of deliberating; she finally asked a neighbor to join
her business part time. "Once I hired her, and I realized
somebody else could answer the phone, it was a big relief,"
recalls Cohen-Fyffe. "It was like this huge weight being
lifted off. Then I realized, if she can do this, clearly she can
charge the customers; and then once that went well, I realized if
she can do this, clearly she can stuff the bags and send them out
the door."
The result: Cohen-Fyffe had more time to manage and build other
parts of her business, hired four full-time employees, and
outsourced wholesale orders to a warehouse. The company now ships
thousands of Clean Shoppers and other products every week. On her
own, she was doing about 40. "It's been a relief to
realize I don't have to have a hand in everything, and that
there are many people who can do what I do," says Cohen-Fyffe.
"And I try to take advice from my staff. Many times,
they'll come to me with some idea, and I'll say,
'yes,' and we'll run with it. And that's why we can
grow. I would call myself a reformed control freak. I'm not 100
percent cured. But I'm getting there."
Fixing a personal problem is often the easy part. It's
figuring out you have the problem in the first place that can be
difficult. Kenneth W.
Christian, a Carmichael, California, psychologist for more than
25 years, has rescued numerous entrepreneurs from themselves. If
you can figure out you have a problem, he says, the best way to
manage your weakness is to "disconnect the trigger." If,
for instance, you have a short fuse, you may discover your temper
rises with your workload, and you're constantly chewing out
your one employee. To deal with an unmanageable workload, you could
either hire somebody else or opt to work from home on the days
you're likely to blow sky-high.
That's the problem Demetri Argyropoulos faces when employees
do things that raise his ire. "It's not so much a short
temper," says Argyropoulos, CEO of Prima Consulting Group
Inc., a Santa Barbara, California, business talent agency that
connects professionals with firms that have business and technical
needs. "But I have low tolerance for lack of common sense. I
think I have a lot of that, and that's what people really
lack."
The 27-year-old entrepreneur readily admits that when
expectations for employees aren't met, he sets himself up
"for getting pissed off. I don't slam doors or anything
like that. But I will maybe insult the person a bit, like 'How
could you do such a stupid thing?'"
Argyropoulos doesn't really believe his getting peeved is a
problem, and it probably isn't-Prima is almost a $10 million
operation, employing 22 people full time-but that may be because
he's disconnected the trigger: Argyropoulos has surrounded
himself with "some very key personnel who handle a lot of the
office relationships. They make my life so much easier. They're
able to operate as close [as possible] to the quality that I can
produce, and in some regards, they have skills I don't have as
well."
But what if you don't know what your weaknesses are? What do
you do then? Christian suggests some self-analysis is in order. He
indicates that, as with Dorothy and those ruby slippers, the
answers have been with you the whole time. "No matter how
young and inexperienced in the business world you are, you know if
you don't have patience," says Christian. "You have
to work on yourself-and create backups, checkups, anything to keep
you in some sort of order, if you have a weakness that threatens to
distract you from your business."
Picture Imperfect
Kenneth W. Christian is a psychologist and author of
Your Own Worst Enemy: Breaking the Habit of Adult
Underachievement. While entrepreneurs as a group are
generally overachievers in many areas, they usually compensate by
underachieving in other areas. The question remains: How can you
discover your weak spots? If you just want to quickly spot-check
those weaknesses, Christian suggests these tactics:
- Ask around. Talk to some of your friends or family
members, tell them you're planning on starting a business, and
ask them to assess what your weaknesses might be and what's
most likely to trip up your company.
- Look at your career history. Think about the comments
you've received over the years, from as far back as elementary
school. Chances are, if you were a slob in the seventh grade and
your locker needed to be fumigated, you could be facing a future
filled with overstuffed, almost useless filing cabinets. "Look
for a pattern," urges Christian. "They're always
there."
- Go deep, very deep. In other words, you have to be
willing to analyze everything about yourself. Accept the idea that
what you thought were your strengths might be weaknesses. Often,
Christian observes, we like the idea of changing on our own terms.
As he points out in his book, "If you do not prepare well for
change, are not open and pliable, and do not pay close attention,
you undermine your own attempts to change."
Josh Barsch,
29, knows he isn't flawless, and he's always trying to fix
what he believes may be broken. "Most things are learnable,
provided you can manage your time well," says Barsch,
president and CEO of StraightForward Media, a Peoria, Arizona,
marketing firm that specializes in pay-per-click search
advertising. "You can consistently work on your weak areas and
become better at them."
Barsch is doing just that. He wakes up at 4:45 a.m., and he
heads to the gym to lift weights. Instead of driving to the gym in
a sleep-induced fog, he listens to foreign language tapes and now
speaks passable French, German and Spanish. He admits, "I
wouldn't want to conduct business in those languages anytime
soon," though that's clearly his end goal.
But Barsch's weakness used to be much more serious. When he
began his business in April 2001, he was afraid to tell people what
his services cost. "In the beginning, it's hard to wrap
your mind around the fact that it's OK for you to charge X
amount of dollars for what you do," says Barsch, whose
business was projected to pass the $1 million mark in 2003.
"At some point, you have to jump in and do it. You can't
ease in and ask half of your rate today and 60 or 70 percent with
the next client. There are always going to be people who think
you're too expensive or too cheap. As long as a fair number of
people think you're the right price and become your client,
then that's OK."
Barsch managed to quote his prices from the beginning, but it
was always done with a gulp and a knotted stomach, and it took a
lot of practice and time before he could do it without feeling
strange about it. His memory of other days didn't help him.
Before he began StraightForward Media, he worked as a journalist
for a paper in rural Missouri, and his editor asked him to convince
a tractor supply store owner to buy an ad. "I choked up. I
couldn't do it," says Barsch, who did make a clumsy
attempt. The owner cut Barsch off, saying, "I don't need
this; everybody knows me." Within seconds, Barsch says, he was
out of the office and back on the street.
Silvana Clark, a
Bellingham, Washington, motivational speaker and author for 13
years, specializing in every topic from small-business problems to
parenting issues, recounts a similar experience. "I stuttered
when someone asked me my speaking fee. For the average person,
hearing that a speaker gets several thousand dollars or more seems
outrageous," Clark explains. "I've had people say,
'You actually expect us to pay you?'" But she realized
that "if you speak with confidence, people just accept what
you say."
Barsch echoes that advice. "The worst thing that can happen
to you is that somebody says no. All you'll be in is the same
position you're in now. It can't get any worse. You have to
get past the fear that somebody is going to grab you by the belt,
put the other hand on your collar, and toss you out. That
doesn't happen. 'It's more than we can afford,' is
all they're likely to say."
So if closing a sale is your biggest problem, you either have to
do as Barsch did and learn to get over it, or partner with somebody
who is comfortable discussing fees.
It can be daunting and depressing, searching for your drawbacks
and realizing you're not a natural in a critical part of your
planned business, but you should be applauding yourself for looking
for possible fault lines in your personality, instead of beating
yourself up about it. Better to realize you're easily
intimidated and start working on it now than to wait until you
enter a meeting with several clients, only to turn white and lose
all ability to function.
"I've talked to so many businesspeople who have one
personal problem or another that's holding them back,"
explains Christian. "Everybody has to deal with these issues
at one time or another." That's just life. That's how
the cookie crumbles.
Foiling Your Foibles
Obviously, there are numerous ways your weaknesses can
spill over into your business. You can probably think of half a
dozen right now. But Marcia Reynolds has been in the trenches, as
the president of Covisioning, a Phoenix coaching and leadership
training firm that works with individuals and organizations. Her
Web site is appropriately titled
www.outsmartyourbrain.com. She offers a few typical
ways entrepreneurs undermine their enterprises, with her
suggestions for fixing them:
Problem: You're always operating in chaos.
Solution: Determine what annoys you in your environment.
Something is making you feel like everything's out of control,
so start asking questions. Do you need to exercise, delegate some
errands, or is it maybe as simple as cleaning your desk every
day?
Problem: Your temper always gets the best of you.
Solution: "Get to know your body signals,"
suggests Reynolds. "The chemicals released with anger
generally act to tighten the stomach, arms and leg muscles. Catch
your body readying for a fight. Then, before you open your mouth,
breathe. Release the tension, clear your mind, and focus on one
thought or word that describes how you want to come
across—like direct, disappointed or curious."
Problem: You lack confidence—and it rattles you
when you least need it to.
Solution: Give yourself a daily pep talk, suggests Reynolds.
"Focus on your strengths, not just what you're capable of,
but who you are. Are you generous? Are you compassionate? Are you
open-minded? These are some major strengths, and you need to remind
yourself of those. Remind yourself of who you are, and not just
what you do."
Geoff Williams is
a writer in Loveland, Ohio.
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