The Problem: A few months ago, I had lunch with a friend whose startup is valued at over $1 billion. In relative terms, we could say that he is a successful entrepreneur. But he confided in me, sharing a sentiment that resonated deeply. He, like many other entrepreneurs, was not passionate about his work anymore. This feeling of disconnect and burnout was a common thread among the entrepreneurs he knew, and it was a stark realization for me. How could it be that working 50+ hours a week in your dream is not fulfilling enough? Then I remembered my own experience.
Why the Problem Exists: I have been an entrepreneur seven times. Actually, only six times because I started companies once I was an intrapreneur while getting a fat salary. My entrepreneur friend’s comment reminded me of how difficult it is to build something concrete out of thin air and the required time and energy. It’s no joke, as Harvard Business School’s study shows that the failure rate of new companies is 50% after five years. I believe that the problem is that entrepreneurs lose track of the purpose of why they are building this dream and how it’s connected to them. They no longer consider their work as art. The intention fades away, so they feel nothing at all. And that the creativity muse dries up in the desert of daily tasks and chores. They are mainly following the techniques and managing. I can vouch that this has happened to many entrepreneurs I know of.
Vision for What’s Better: I envision more successful entrepreneurs from a holistic point of view. Not only valued in monetary terms but in personal fulfillment, by the happiness and well-being of their employees, by making environmentally friendly products, taking care of all stakeholders, and being present with their families. But it all starts with an energized entrepreneurial mindset. By getting rid of the busyness of being busy, the stillness for an open space that allows seeing the big picture and the awareness of where they are and where they want to go with their organization—reconnecting with how their dream makes them feel and finding the proper strategies and tactics to make it work.
· The Business Artists collective: A community for founders who are drowning in daily tasks and want to return to the fresh air of their vision. For entrepreneurs who want to reignite their passion and bring back the creator in them. For business owners who want to inject innovation into their companies. For those leading businesses that value creativity to fulfill a higher purpose of positively impacting the world through their organizations. The Business Artists comprise creators, innovators, non-conformists, shot takers, originators, misfits, shakers, and initiators. It's a diverse community, united by a shared passion for entrepreneurship and a desire to make a difference.