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Have You Lost (some) Enthusiasm for the Job?

By: Dave Berkus

 

Photo Of Tired Mature Businessman Sleeping In Office

That daily routine

It is human nature for you and every entrepreneur to fall into a routine of taking care of day to day issues, meetings, communicating with customers and shareholders.  But you remember the thrilling days when everything was newer, each decision an event, each milestone something to be celebrated.  If you think about it, you also remember that you spent much more of your time on strategic issues and thinking about the business and its growth, as opposed to thinking within the business about its process issues.

Your value to the company

Your value as a CEO or executive is inherent in creating the vision, providing the drive, and forcing focus upon successful implementation of the vision that you bring to the enterprise.  It is where the fun is.

[Email readers, continue here…]   So, how do you regain that enthusiasm for what is best for you and for the company?  There are a number of things you can and should do, and soon.

Things you can do to regain your enthusiasm

Take a day – a full day – off to walk, sit, and think of where you want this company and your role in it to be in the future.  Don’t let interruptions from emails, phone calls and people at the door interfere with this focused effort.

Call for a strategic planning session

Then call a strategic planning session, off site, for you, your board, your advisors, and direct reports.  If needed, hire a facilitator. And provide for someone to take notes.  Lay out your vision to those present as a starting point.  Ask for comments, challenges, and additions. Then spend the rest of the day developing strategies and tactics to get you there.  Finish the process by refining the resulting document, passing it through the same group for comments.

The all-company meeting: Get everyone excited about change

Then call an all-company meeting to focus everyone on the vision, goal, strategies and tactics.  Stand back and watch for the reaction. Most everyone wants direction and to buy into a vision that makes their jobs have meaning.

Monitor progress and become strategic again

Starting the very next day, begin monitoring progress toward the goal or goals, raising your job to one of strategic implementation and guidance, not of day-to-day process.

Your value will increase in the minds of your board, and you will feel much more enthusiastic about your contributions to the success of your enterprise.

It’s your move.

Published: June 5, 2020
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Source: Berkonomics

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Dave Berkus

Dave Berkus is a noted speaker, author and early stage private equity investor. He is acknowledged as one of the most active angel investors in the country, having made and actively participated in over 87 technology investments during the past decade. He currently manages two angel VC funds (Berkus Technology Ventures, LLC and Kodiak Ventures, L.P.) Dave is past Chairman of the Tech Coast Angels, one of the largest angel networks in the United States. Dave is author of “Basic Berkonomics,” “Berkonomics,” “Advanced Berkonomics,” “Extending the Runway,” and the Small Business Success Collection. Find out more at Berkus.com or contact Dave at dberkus@berkus.com

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