I couldn’t agree more with your ideas on risk! I will add, that an entrepreneur can retain that risk mindset but small successes can spoil the appetite!
I agree that small successes can be seen to spoil the appetite, but I am a big fan of letting founders take chips off the table. If the only reason they were performing was out of fear or lack (scarcity) then you were never going to get something real, sustainable, or as good as it could be. If they drop take chips off the table and drop off, it just means this wasn't their passion, and that's fine, too. Someone really onto something that will make a big shift can sell secondaries / get liquidity and use the space created by lessened financial pressure to really shift things into a high, creative, expansive gear.
Thanks for this reflection Ben, it was a great read and a nice thing to think about coming up into seasons of changes and getting an idea the different turns a life can take over the years. All the best on your sabbatical!
I couldn’t agree more with your ideas on risk! I will add, that an entrepreneur can retain that risk mindset but small successes can spoil the appetite!
I agree that small successes can be seen to spoil the appetite, but I am a big fan of letting founders take chips off the table. If the only reason they were performing was out of fear or lack (scarcity) then you were never going to get something real, sustainable, or as good as it could be. If they drop take chips off the table and drop off, it just means this wasn't their passion, and that's fine, too. Someone really onto something that will make a big shift can sell secondaries / get liquidity and use the space created by lessened financial pressure to really shift things into a high, creative, expansive gear.
Thanks for this reflection Ben, it was a great read and a nice thing to think about coming up into seasons of changes and getting an idea the different turns a life can take over the years. All the best on your sabbatical!
Thanks! Appreciate you reading, and hope all is well!