Posts Tagged ‘Creativity’

14 Entrepreneurship Axioms

Wednesday, January 11th, 2012

As classical singers, many of us have ideas for start-ups, gigs and special projects. A lot of us have ideas for businesses even outside of the musical realm. We are self-starters with endless creativity and big ideas.

If you are thinking about taking the leap into action, this list may help you avoid some common pitfalls and get a better sense of what reality will be like once you get rolling. Read through this list and shoot me an email, I’d love to encourage you in your journey!

As I have developed Velvet Singer, LLC over the last five years, I have added to this list of lessons learned, which I have taped on the wall by my desk. The list grew quickly at first, but I find I keep uncovering more even now. Here they are, in the order that I discovered them.

As I look through the list, I realize several are religious / spiritual. If you are into any “higher power,” they may translate. If not, you may still identify with the meat under the sauce.

Why would God be in the mix? From a practical point of view, starting a business or start-up project will challenge you on all levels. You will experience high “highs” and low “lows”. Exhaustion and profound joy. Worries and great optimism (mostly optimism for me, let’s be honest!). Entrepreneurship is a spiritual experience. It has the power to cut to the core of your self-worth and reveal your priorities and values. If you want in, get ready to be revealed!

Enjoy,
Bill


1) Always altruism, never cash.

Don’t get burned thinking about the money, and not genuinely focusing on solving people’s needs. It is a bit like method acting, people know when you are faking it.

2) Humble joy for any rewards the Lord gives.

It is a miracle of God that we can do anything at all that makes money. Throw a small God party any time anyone pays you even $1. Many people in the world don’t have access to behold this miracle in such close proximity, count yourself lucky.

3) Exercise patience.

We all want to wring the thing by the neck and make it submit. It is OK to wait. Many great things can happen when you wait. “Waiting is fullness” says the Martian from “Stranger in a Strange Land.” Do you grok?

4) Don’t spend money.

Don’t buy anything. Make it from scratch or skip it altogether. You don’t have to spend money to make money. Don’t go into debt, just start small and give it time.

5) Phone calls, not email.

Especially if you have gone ten rounds with an unhappy client or customer, pick up the phone rather than taking three hours to compose the greatest email of all time that will finally illuminate and defuse the situation. This is also true of selling any idea or product. Email eats. Attachments will not get clicked on, links will not get clicked.

6) Reply quickly.

Count it a point of pride that you are quick on the reply. People notice.

7) Listen and let people talk.

The best way to “sell” is to be genuinely interested in and deeply understanding of your customers’ needs. The only way to do that is to listen. Furthermore, you can’t lose sight that you are in this business, even in a small way, to help heal the world and to do good. Part of what you offer is an ear. Think of yourself as a minister or counselor, not a salesperson.

8) Don’t sell to your friends, they won’t buy anything anyway.

If you have created a business plan, even if it is just in your head, don’t count on getting off the ground with a little help from your friends. They won’t buy anything and you’ll strain the relationship by asking them. Plan on making brand new friends / contacts (which may come out of existing relationships / partnerships), and if any of your old friends want to join up, they know where to find you.

9) Plan for mistakes. Error capture. Log findings.

Even for non-technical businesses, plan that you will make tangible, repeated mistakes. Wherever possible, be deliberate and extremely thorough about documenting and understanding how your mistakes happened. If you are in a technical world, measure the damage and “capture” the error.

10) Donate a portion of your revenue at a fixed proportion.

Even if it is only 1% – 10% of revenue, donate a portion of your revenue from the first dollar you make. Besides the actual good that donating revenue to a good cause does, it helps reshape your understanding of your purpose, it elevates your endeavor from a boring job to a noble calling. Instead of feeling like Willy Loman, all of a sudden, you will feel like Don Quixote. This is your quest!

11) Walk by faith, not by sight.

Entrepreneurship is a spiritual endeavor. You are entering uncharted territory. Pray and trust your gut. Don’t take too much time to research option A vs. option B. You probably already know what choice you want to make. Go for it.

12) Have fun and be cool.

Don’t get all frazzled and take things too seriously. If you need to make money so you can eat food, get a job. Entrepreneurship is for fun. You’ll regret the times you run around like a mad man at conferences trying to make every last bit count. It is more important to “be cool, honey bunny, be cool.”

13) Fight resistance with courage.

Every day you will feel resistance, a little nagging voice trying to divert you and discourage you. Be encouraged, the louder that voice is, the more you know you are on to something great. In fact, seek out that wet blanket feeling of heavy resistance, learn to make it your friend, like a rival in a tennis match, and then face it with explosive bursts of courage. Read The War of Art by Pressfield for more.

14) Have an opinion, take a stance.

Don’t offer too many products, don’t allow too much customization, don’t be too flexible, don’t say yes to everything. Take a stance, defend a point of view. Your brand, no matter what it is, needs to have personality. Your customers / clients ultimately commit to you, they buy you, not a product or service.

Integrating EEP After Longy – A Goals-Centered Approach

Tuesday, March 22nd, 2011
    Preparation for Longy EEP Seminar

    A few thoughts before the EEP morning seminar.


Longy School of Music‘s Experiential Education Program is the picture of collaboration. We had a condensed 90-minute session, but it did not take long for this group to begin sharing. Kudos to Dr. Judith Hill Bose and this class for bringing their energy and intelligence to earnestly consider how EEP will play a role in their lives going forward.

“Turning what the students have learned from this project into goals and action items for their future is really important – and I like Bill’s thoughtful and systematic way of going through the goal setting process and learning how to make priorities. It is important for young artists to encounter lots of ways to think about things.”

Dr. Judith Hill Bose, Director of Education Studies at Longy School of Music.

As I wrote in my blog post from February titled “Longy’s Experiential Education Program”:

Many students choose to tie in a service aspect to their projects. This is a great way to generate an audience and seems like a very natural transition to post-graduate life, where many musicians go on to serve the community professionally and semi-professionally.

I was blown away by the creativity and drive behind the projects: one singer worked with an elementary school group and was already contracted to return to this same school after EEP, a collaborative pianist created an avant-garde vocal recital to be performed in bars and restaurants, a young conductor built off of his previous work with vocal ensembles in working in the community. Service, execution and creativity. This class should be a model for other schools around the county.

Our discussion focused around four questions supported by discussion, small break-out groups, slides and workbook exercises:

1) What new experiences did EEP bring you?

  • List three new business skills / experiences
  • List three new performance / presentational experiences

2) What did you learn?

  • Entrepreneurship strengths / weaknesses, indicating which you discovered through EEP
  • Professional Values checklist, indicating which you discovered through EEP
  • List three key take-aways / lessons learned

3) How would you like this make you different?

  • 5-year plan, broken into six sections (performance, teaching, artistic development, collaboration, financial, life/family)

4) What are you going to do differently?

  • Priorities, indicating which you emphasized during EEP
  • Goals for the next year
  • Action items for the next month

I tried out our new Values checklist for the first time and found that it really fostered an interesting conversation. Most, if not all, arrived at unique lists of their top five values. There were some favorites such as “Improvement” and “Learning,” yet even in these cases, each student derived different connotation and meaning from these words. For example, for one student valued “Improvement” in the context of their instrument performance whereas another saw “Improvement” as a value to pass on to others through teaching.

      Creativity abounds in Cambridge, even on the transit signs. Creativity is a "treasure," to be sure.

This was also my first full seminar with instrumentalists and I was delighted to have Dr. Hill’s support in putting together a meaningful session, and appreciative that these students were able to jump into such deep, structured thinking. Bravo Longy EEP!