July 18, 2005
Highs and Lows
I was reminded recently of one of my favorite entrepreneur sayings. What drives me nuts isn’t the inevitable presence of highs and lows of running a new company, it’s when they happen at the same time.
It’s one thing to get used to the roller coaster ride of running a startup. That’s part of the fun and the challenge of it all. There are great moments when everything’s working beautifully. Your strategy is proving to be spot-on. Your team is executing brilliantly. Your biggest client renews and gives you a testimonial. Then there are the dark moments of despair. You’re running out of cash. The new product release is behind schedule. A competitor steals a top client. No one lives for the lows, but you at least grow to anticipate them and realize that "this, too, shall pass."
But the thing I can never get used to is when those highs and lows occur simultaneously. It just seems unfair. Let me enjoy the good news — whatever it is — for at least a day or two before clocking me with something terrible! But perhaps that’s just another, even more poignant part of the humbling process that comes with running a startup.