Taking Responsibility

Latest posts by Jonathan Hudson (see all)

Obvious? Maybe. For me though, it wasn’t clear until I’d screwed it up a few times: you have to take responsibility for everything that happens at your business.

At times in the past, I’ve been in situations where our company was stumbling, and I *did not* do everything I could to bring it back on course. There were parts of the company that another person was running, or a product for which someone else was responsible. It was easy to sit back after they said "this is my part of the business, you mind your own part." The thought that goes through your head is "ok, I’ve done what I can. If this fails, it’s not my fault."

But it was my fault. I did not put everything on the line to affect the changes that I wanted to see made. I didn’t accept responsibility. Was I willing to sacrifice my role at the company? My job? A friendship?

The other day, I had just such a situation at Charisma Sciences. My business partner is working on a product that is several months late and for which we were accepting pre-orders. I finally emailed him and told him that I’d lost faith in his ability to deliver this product. If he couldn’t get me something within a week, it was going to severely jeopardize my commitment to working with him. This wasn’t a personal attack or a gambit, and he is mature enough to know that. It was business, plain and simple. So, he busted his butt to get the product done, and we now (finally) have over 100 happy pre-order customers, as well as the cornerstone product of our business.

I faced an internal struggle before confronting him on this. I was concerned about our business relationship and I didn’t want to hurt his feelings. But I knew that if I didn’t push him, I wasn’t doing everything I could. I wasn’t taking responsibility, and it was to the detriment of my partner, myself, and our employees.

As the story illustrates, this issue becomes especially salient when you have a partner and the two of you split responsibilities. Its also easy to overlook this stuff when you’re sitting on a pile of venture cash, and not working to make next month’s mortgage payment.

Whatever the case, it feels good to accept the true and complete responsibility that comes with running a business. Your attitude towards everything shifts, and it endows you with a purpose that is one of the great joys of entrepreneurship.

Total
0
Shares
Previous Article

Connecting The Dots

Next Article

Your family are your most important people

Related Posts
milestones
Read More

How to Motivate Your Team Using Milestone Charts

When planning and tackling a project, there are a variety of ways to help your team stay on track. You can keep a list, create a Kanban board, or use other organization resources. Another popular method is to focus on reaching your project milestones. Milestones are important steps that need to be completed to finish...
hiring remote employees
Read More

Crucial Steps When You Hire First Employees for Your Remote Business

Are you the one-person show behind a thriving virtual business? If so, you likely handle all of your company’s sales outreach, customer service inquiries, order fulfillment, social media marketing, budgeting … and the list goes on. Are you overwhelmed by all of the daily tasks you need to do to keep your enterprise running smoothly?...
empathetic company culture
Read More

Attract Talent by Creating an Empathetic Company Culture

Each new generation brings something different to the table and tries hard to paint the social norms in their colors. Nowadays, it’s millennials' turn to make the world a better place and they truly managed to bring some extremely sensitive issues under the spotlight.  Let’s take the workplace as an example. What used to be...
NFTs
Read More

NFTs: Why They Matter to Small Businesses

Standing out as a startup or small business just got tougher. You can thank an upsurge in entrepreneurial activity ostensibly spurred by the pandemic. The U.S. Census Bureau’s business formation data shows that more than four million people became founders in 2020 alone. That’s a record number of launches in a 12-month span—and all the...