Feeds:
Posts
Comments

Archive for the ‘Balance’ Category

work-lifeIt is a hard balance that many of us need to struggle with. Working in a start-up and having a good family life seem to be poles apart. One of my favorite business school professors, Steve Blank published this piece today on VentureBeat. The permalink seems to be broken so I am repeating some of the key points that Steve mentioned.

This is what he writes –

My wife and I agreed to a few rules upfront and made up the rest as went along. We agreed I was still going to do startups, and probably more than most spouses she knew what that meant.  To her credit she also understood that meant that child raising wasn’t going to be a 50/50 split; I simply wasn’t going to be home at 5 pm every night.

In hindsight this list looks pretty organized but in reality we made it up as we went along, accompanied with all the husband and wife struggles of being married and trying to raise a family in Silicon Valley.  Here are the some of the rules that evolved that seemed to work for our family.

  • We would have a family dinner at home most nights of the week.  Regardless of what I was doing I had to be home by 7pm.  (My kids still remember mom secretly feeding them when they were hungry at 5pm, but eating again with dad at 7pm.)  But we would use dinnertime to talk about what they did at school, have family meetings etc.
  • Put the kids to bed. Since I was already home for dinner it was fun to help give them their baths, read them stories and put them to bed.  I never understood how important the continuity of time between dinner through bedtime was until my kids mentioned it as teenagers.
  • Act and be engaged. My kids and wife had better antenna than I thought.  If I was home but my head was elsewhere and not mentally engaged they would call me on it.  So I figured out how to spit the flow of the day in half.  I would work 10 hours a day in the office, come home and then…
  • Back to work after the kids were in bed. What my kids never saw is that as soon as they were in bed I was back on the computer and back at work for another 4 or 5 hours until the wee hours of the morning.
  • Weekends were with and for my kids. There was always some adventure on the weekends. I think we must have gone to the zoo, beach, museum, picnic, amusement, etc. a 100 times.
  • Half a day work on Saturday.  While weekends were for my kids I did go to work on Saturday morning.  But my kids would come with me.  This had two unexpected consequences; my kids still remember that work was very cool.  They liked going in with me and they said it helped them understand what dad did at “work.”  Second, it set a cultural norm at my startups, first at Supermac as the VP of Marketing, then at Rocket Science as the CEO and at E.piphany as President. (Most Silicon Valley startups have great policies for having your dog at work but not your kids.)
  • Long vacations. We would take at least a 3-week vacation every summer.  Since my wife and I liked to hike we’d explore national parks around the U.S. (Alaska, Wyoming, Colorado, Washington, Oregon, Maine.) When the kids got older our adventures took us to Mexico, Ecuador, India, Africa and Europe. The trips gave them a sense that the rest of the country and the world was not Silicon Valley and that their lives were not the norm.
  • Never miss an event. As my kids got older there were class plays, soccer games, piano and dance performances, birthdays, etc.  I never missed one if I was in town, sometimes even if it was in the middle of the day. (And I made sure I was in town for the major events.)
  • Engage your spouse. I asked my wife to read and critique every major presentation and document I wrote. Everything she touched was much better for it.  What my investors never knew is that they were getting two of us for the price of one.  (And one of us actually went to business school.)  It helped her understand what I was working on and what I was trying to accomplish.
  • Have a Date-Night. We tried hard to set aside one evening a week when just the two of us went out to dinner and/or a movie.
  • Get your spouse help. Early on in our marriage we didn’t have much money but we invested in childcare to help my wife.  While it didn’t make up for my absences it offloaded a lot.
  • Traditions matter. Holidays, religious and secular, weekly and yearly, were important to us.  The kids looked forward to them and we made them special.
  • Travel only if it needed me. As an executive it was easy to think I had to get on a plane for every deal. But after I had kids I definitely thought long and hard before I would jump on a plane.  When I ran Rocket Science our corporate partners were in Japan (Sega), Germany (Bertelsmann) and Italy (Mondadori) and some travel was unavoidable.  But I probably traveled 20% of what I did when I was single.
  • Document every step. Like most dads I took thousands of photos.  But I also filmed the girls once a week on the same couch, sitting in the same spot, for a few minutes – for 16 years.  When my oldest graduated high school I gave her a time-lapse movie of her life.

Read Full Post »

What a moment for America! Obama is the 44th president of the USA. A great inaugural speech by Obama which touches everyone on this planet.

obama_hopeOne of the readers of Andrew Sullivan’s blog writes about the difficulty that the comedians have in mocking Obama. Interesting read particularly this line – “Obama has the realness that comes from the hard psychological work that it takes to really get to know yourself and come out on the other side unafraid of whatever might come your way. “

But what Obama seems to have is the ability not to appear as if he is acting, faking it.  That is why comedians were able to mock Clinton’s lower lip biting and other such gestures meant to show how much he cared. Why do comedians have such a hard time mocking Obama?  Some say it is because he is black, and they don’t want to be seen as racist; no, that’s not it.  They mock Jesse Jackson and Al Sharpton all the time.

They can’t mock Obama because he is not a faker, not a schmoozer,  not a dolt, not a skirt-chaser, not a charlatan, etc. etc.  Obama has the realness that comes from the hard psychological work that it takes to really get to know yourself and come out on the other side unafraid of whatever might come your way.  That is decidedly not funny.

Read Full Post »

Amidst the financial crisis that this world is going through, it was a great feeling to go out and spread some smiles at Stanford. Here are some stories from this exercise that we carried out at Stanford as a part of the 3rd Annual Giving Marketplace conference. It was a lot of fun and in the true spirit of CharityFocus, we created quite a stir at Stanford that evening. ☺

17 different organizations from all over the world (China, Spain, Germany, South Africa, Argentina, Colombia, India and the US) got together for four days to share and learn from each other and hear from the experts in the field of giving marketplaces, micro-investment and micro-finance. The organizations represented are the likes of Kiva, Wokai, GiveMeaning, HelpArgentina, GlobalGiving, GiveIndia, Rang De and DonorsChoose.

Pawan and Lloyd suggested a fun exercise, which would help this group bond with each other and also kick off this conference with the spirit of giving and service. They wanted me to organize this exercise CharityFocus style.

We carried out this “Kindness Challenge” during the first orientation evening where people just landed jet-lagged and tired. This was a spirited group of around 30 entrepreneurs – founders and key players working with these Giving Marketplaces. We divided them into random groups of 3 each. These people most likely did not know each other and some of them were new to the Stanford Campus. We gave them Smile Cards and a map of the Stanford campus. We then challenged them to go out, roam around in the campus and do small and anonymous acts of kindness.

They spent a couple of hours tagging people all around the campus with Smile Cards. At the end of the evening we sat together for a 2-minute silence. We then shared our experiences with each other. There were many interesting stories and deep realizations with this simple exercise. Here are some of them:


•    One of the participants ended up singing a song to a newly wed couple and made their day in an unexpected way.

•    Stanford was looking much cleaner last evening because a majority of the groups decided to pick trash and clean the campus.

•    There was a formal dinner happening at the lawn of the Old Union building. A couple of the groups decided to help the waiters and served the people dining over there – KarmaKitchen style.

•    One homeless person at the campus was so moved after talking to a participant that he proposed to marry her ☺.

•    One participant from Spain said – “I did not know what to do with my 2 minutes of silence. It was the first time that I got 2 minutes to reflect on an exercise like this.”

•    A group got some flowers and started searching for loving couples to share these flowers with. After a couple of false tries they finally found a couple that was very happy receiving those flowers.

•    Some participants just decided to buy coffee for Stanford students.

They all shared the challenge that they faced with a deadline of a couple of hours and when they are “on a mission” to do good deeds with an awareness and consciousness.  They mentioned the difficulty in finding “people in need” and not be intrusive in this seemingly all-happy part of the world. Some groups also shared how some people start looking at the act of kindness as something weird and strange but they quickly open up after getting a hang of what’s happening to them.

We then gave them a plenty of Smile Cards so they could keep this spirit alive during this conference. Also, the incentive at the end of this contest was a bunch of smile cards that these organizations could take with them to their respective countries and spread smiles wherever they go.

Read Full Post »

This is an interesting short-story that gives a perspective for entrepreneurs’ risk taking abilities. 

A long while ago, a great warrior faced a situation which made it necessary for him to make a decision which insured his success on the battlefield. He was about to send his armies against a powerful foe, whose men outnumbered his own. He loaded his soldiers into boats, sailed to the enemy’s country, unloaded soldiers and equipment, then gave the order to burn the ships that had carried them. Addressing his men before the first battle, he said, “You see the boats going up in smoke. That means that we cannot leave these shores alive unless we win! We now have no choice – we win – or we perish!

They won. [From Napolean Hill’s classic book]

The Man Who Burnt Bridges

 

Exceptional leaders (from the book “WHAT MAKES jack welch JACK WELCH”) had experienced exceptional personal growth in the following five critical areas:

  1. Appetite to lead

  2. Character

  3. The confidence to seek challenges

  4. Ability to engage and inspire others

  5. and most importantly CONFRONT RISK.

Read Full Post »

True NorthI interviewed Bill George, author of best-seller books “Authentic Leadership” and “True North”. Bill is not just a great author and a leader himself, he is a wonderful coach and a teacher too. Here are the excerpts of this brief interview –

Hitesh: What is “True North” and how does it apply in the context of a business student or a budding entrepreneur who is just starting on a leadership journey?

Bill George: “True North” refers to the deeply held beliefs, values and passions. It is how you see yourself as a human being at a fundamental level. As a business student, it is easy to get lured to the seductions of the job search. It is easy to follow the herd and live the expectations of someone else. At this stage it becomes all the more important for you to discover your real self and find your sweet spot.

The book “True North” provides a framework because that allows you to create your own direction. Instead of other cook-books on leadership that provide the “10 qualities that make a great leader”, “True North” provides an individual approach and a framework with exercises. YOU have to figure out yourself your own values and point of differentiation.

Hitesh: How does one “frame” or “reframe” one’s life story? Is framing not by definition twisting the truth and thus not authentic? How can you have flexible leadership styles and still be authentic? Please help explain these contradictions.

Bill George: Good questions and I wrestle with these myself all the time. If you start taking these recommendations from the book to an extreme, that could be a problem.

We all see this world through a certain lens. e.g. If one grew up in a fundamentalist religious family and later on got exposed to multi-religious or atheist view points, then that opens up the mind at a much deeper level. Oprah Winfrey came to a realization at the age of 36 that she is not a “bad girl” as she always viewed herself as. She reframed her childhood abuse experiences by tracing her actions there and came out a much stronger person.

The flexibility referred in the book is the tradeoffs in your values that sometimes you have to make. These are tough decision moments where you have to make decisions like layoffs and sometimes have to reprioritize your values. The leadership “style” is a different thing than your authentic self. e.g. If the situation demands quick decisions then a consensus leadership style will not fit and you will have to adapt.

Hitesh: Any words of wisdom for the younger budding leaders?

Bill George: Get into the game. Do not watch it from the sidelines. Don’t hold back. Take the risk of failing to learn a lot.

[Please note that Bill’s comments are not verbatim and are based on the notes that I took. This was not a recorded interview]

Read Full Post »

I read Randy Komisar’s “The Monk and the Riddle“. I just could not stop when I started reading it. By the time I finished reading it, the clock struck 4 AM. I think it was a night well spent.

Randy Komisar is a Venture Capitalist with Kleiner Perkins. This book tells Randy’s evolution (thus the word Monkey in this post’s title) and search for his passion. Autobiographies are generally boring but Randy does a great job by weaving his life nuggets with a great story of an entrepreneur, Lenny.

“We will put the Fun back in FUNerals”, says Lenny. He is trying to sell an internet business called funerals.com to Randy. This story is set in year 2000, when the whole world was going online – from pets and groceries to well funerals and caskets. I could relate to this story since a number of my friends were pitching get-rich-quick-internet-business-plans those days (and with Web 2.0 they are doing it all over again).

Lenny is a vulnerable soul like many of us who go through life in two phases. In the first phase we do what we HAVE to do so that in the second phase we can do what we LOVE to do. Randy’s point is to start doing what we LOVE to do NOW. He asks us to not live a life plan which is always deferred till we pay our dues. How practical is it?

Randy does a good job explaining the importance of following our passion, but he lacks concrete steps and examples to find out what that passion is. That search for passion is a very individual matter and requires a lot of personal effort. Bill George’s “True North” does a great job providing a framework to search for that passion. “True North” picks up where “The Monk and the Riddle” ends.

This book is a must read for anybody who thinks business is all about the bottom-line and chasing money. It will convince you to look at business and your professional life through a new lens.

Read Full Post »

Gates and Jobs shared a stage and it was quite a show (better than a Bollywood thriller).

One thing that is quickly evident from this – Jobs comes across as a person who still has a lot to prove while Gates looks deeply satisfied like a Sadhu. While Gates looks like entering Sanyas , Jobs is still in the prime of his Grahastha Ashram. Again, there are a number of personal reasons (I won’t go there – Read iCon) that one could highlight why Jobs is still so thirsty. 

Jobs’ thirst is doing a lot of good for customers. Jobs has this beautiful left-brain-right-brain conflict going on that creates these stellar products. Go Jobs Go!

Another thing that came out from this was something that Jobs joked about: both of them being dinosaurs in this new Googly age. These guys will not be extinct anytime soon but their era is not what will define the next 20 years. iPhone is great but is that all? Surface Computing might not be the next killer device. This “Post-PC devices” era might not be dominated by Google either. Where is that next Google, Microsoft and Apple?

I think this picture says it all –

Gates & Jobs

Read Full Post »

Older Posts »