Every story ends and Brian Crotty with HDH Advisors helps business owners finish in style. Together, we chat through exit strategies, business valuation, merges & aquisitions, ESOPs, and cultivating a performance-based culture through transitional times. Refill your mug and enjoy this gift of a caffeinated conversation. What a perfect way to wrap a bow on 2023!
Cheers to the love of our lives. This opening dedication in You Don’t Need This Book: Entrepreneurship in the Connected Era is fixed on the fact that significant others are elemental to an entrepreneurial lifestyle.
When so much is poured into something we care about, it brings everyone along for the ride. This makes success fun to share, but when dips emerge, tension will test the best of us. Many families build love triangles, but partners building in completely different realms is just as familiar. Loved ones may not understand all that’s surging through each other’s ambitious adventure, but when trust is minted, healthy individuality allows each person to achieve more through a shared appetite for risk.
To visualize how trust creates exponential opportunity, put your hands together. First, make an “A”. Each hand represents one partner. When relationships are built in the shape of an A, the constant contact actually becomes a limitation. The centering line of trust is established, but the top point limits how far each line can be extended.
Now, use your hands and make an “H”. The center line of trust remains, but there’s now space for individuality. Each of the two horizontal lines can continue to grow beyond what would have been possible alone. Individuality can feel apathetic, but when two people trust each other enough to build their own neon future, a brilliant fabric is set free to shine. This fabric can also become unbreakable, as threads of purpose are woven together with everlasting love.
Even with loving individuality sustained by trust, a shared appetite for risk still correlates through the environment, engaged networks, and what our partners provide. The quiet truth is that if there’s a singular source of income, stability is paramount. If there are multiple sources of income, there can be more comfort in the unknowns that come with building something new. Our current situation will always present limitations, but can we produce when others consume? Will we continue shifting gears to keep building without a map?
If such a calling brings you to life, what can we do to increase a shared appetite for risk? If work/life balance is an illusion reserved for the status quo, perhaps peace awaits those who encourage the latest creative season pf their forever friend. Setting an example of unselfish support can translate into positive momentum that benefits our partners, while also adding fresh space for our own exploration. The loving leash is lengthened as each partner delivers on promises (or quit the right things, at the right time) and the strengthened trust brews more freedom to flex.
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I am nothing without the love we share.
Before we ink this tribute to those who support us, let’s play with a paradox. Does everyone have an entrepreneurial spirit? It’s easy to say yes, but my favorite response considers the trust-based privilege of inviting strategic risk. In short, we may all have a creative spirit. When an appetite for risk is applied, the innovative spirit gets stirred into a delicious recipe that can be tasted with endless variety. It’s students tinkering with no permission required. It’s indispensable intrapreneurs fueling positive change in existing companies. It’s the side hustles that evolve a leader’s diversified career portfolio and the founders willing to solve problems with pain-killing solutions. While lone wolves build capacity to explore their own uncertainties, exponential opportunity await the team that builds with a shared vision.
Humans seek purpose, peace, and happiness. The family we choose influences our own path toward career nirvana. Be kind to yourself by choosing a partner wisely, then be your best knowing that when the credits roll on a life well-lived, our loved ones will be first, last, and all that’s in between.
Kerty Levy is an advisor, investor, and friend who helps entrepreneurs succeed. Kerty and Ben collaborated through Techstars, so we grab the morning oars to first dance with how smooth is fast.
Together, we then glide through the wild experience of accelerators. The value is vast as we continue by discussing why to think big, building a team, ecosystem exploration, founder-market fit, OKRs, KPIs, financial modeling, mentor madness with a #GiveFirst mindset, raising venture capital, perfecting a pitch, quick thoughts on web3, opportunities of a Startup Weekend, and the special bond that is Techstars for life.
Sachin Sehgal found lasting purpose by starting his first business at the University of Iowa. Along with all that is multimedia marketing, Sachin is building Elevate and Bond Branding as he continues to explore connections between our physical and digital worlds.
You’ll love these shared wavelengths on customer discovery, content creation, value-based sales, balancing personal brands, activating phygital concepts, when to quit, spirit animals, truth-based prompt engineering with AI, collectability with web3 technologies, and playing long-term games with long-term people. As Sachin reminds us, when life gives us stories, tell them.
Elizabeth Tweedale brings parents and students together by embracing lifelong learning. Since graduating from Loras College, she has (co)authored six books and exited an AI company called GoSpace. This award-winning technologist is now the CEO of Cypher Coders, which is an IRL coding camp for children, as well as, Coco Coders, an online coding school that has taught over 10,000 kids how to code!
It was cool to have this leader in education craft a caffeinated contribution called Playforce and as you’ll hear in this impactful episode, Elizabeth is passionate about family and remains dedicated to transforming how parents think about technology and the future of work. As Elizabeth closes by saying, “do your best, and let them say.”