Why do such a terrible thing?
My wife (many others) is going to hate the title to this
blog post and its content. Why I am
writing about it though? Cause of this quote
I came across. “You can say what you think, or you
can have people like you.” So if you
hate this just move on. In this defiant
light I love this quote too. “What
other people think of me is none of my business.”
Often when people go into business with someone they’re both
putting their whole heart and soul into it.
They’re putting TONS of time into it.
They’re putting their family on hold.
They’re pouring tons of money into it.
I know several people who went into business with someone to only end up
getting screwed out tons of money, sanity, and respect. This is one approach to circumvent all
that. How do I know? I shall tell you.
My brother is interested in 3d printing. I happen to have a co-worker who sold and
was deeply involved in 3d printing for years.
I thought it’d be cool to go to lunch all together to discuss it. We discussed quite a few things amongst
which was 3d printing. What was
interesting/revealing about this lunch was my coworker. How do I even begin?
As soon as we started talking in line while waiting to order
our food my coworker went off. First it
was claiming that his buddy had more production/manufacturing capabilities than
my brother’s buddy who was/is helping my brother manufacture an idea of
his. Problem with this is that my
coworker had NO idea how much capacity/ability my brother’s guy had in the
first place and yet he claimed it no matter what. Wtf? Do you want to go
into business with someone who thinks they have the best contacts when indeed
they may not? No. Alright…further on down the line we went to
get food.
Eventually we sat down and continued the conversation. My brother is a fan of making bets, as am
I. He is also a fan of James
Altucher. Recently James did a blog
post on answers to 100 questions readers posed to him. One was whether or not to get a patent and
another was whether or not to get an NDA, both of which my coworker “shoulded” on my brother to get. Now
I don’t know if these things were going through my brother’s head as we were
discussing things during lunch, but they were going through my mind. The answer James gave to both was an
emphatic NO! Well why not? Especially if you have an amazing idea? “Someone might steal it!” (scarcity
mentality)
Cause, as a whole…we’re friggin’ lazy. Like Mike Rowe says on Dirty Jobs, “People
shun opportunities because when they show up it’s dressed in coveralls and
looks like work.” I love that. What was interesting is that my brother then
asked my coworker what his best idea was.
It took him a second to drum up a couple. Then when he spoke he legitimately had some good ideas. What was interesting is that while these
ideas are legit he’s not even close to beginning to work on them though they
seemed pretty legit in my opinion. Now
for the next interesting part. Notice
how I said I thought the ideas were legit?
Notice how I have no real desire to implement and pursue his ideas? Well if you didn’t now you do. And noooow you see why James says what he
says. Forget this “traditionally” smart
entrepreneurship crap and just go go go!
People are very reluctant to let go of old paradigms and are
able to embrace new ways of thinking and again I blame this on the scarcity
mentality. This is an especially
interesting mentality to be found amongst the LDS community as we often hear in
church how the earth was prepared to have enough for everyone/thing and to
spare. I just came across that thought
as I writing this. Sad.
In a lull in the conversation I told my brother that I sold
my tv last night. My coworker found
this really interesting/surprising. He
revealed that he’s got over 800 movies on his external hard drive that he loves
to just plug into his tv to watch whenever he needs to relax. That is the “thing” his family “does
together”. Trust me watching a movie is
not an interactive experience one has with another human being. He also revealed that they’ve got several
laptops, Netflix, hulu, internet, all the kids have smart phones, and two xbox
360’s. I don’t even remember if he said
they have ipods/pads, but it wouldn’t surprise me if they did. He said that when the internet goes down
that, and I quote, his kids “freak”. I
told him this was a problem and asked him if he thought that that was
normal. His response was mumbled and
unintelligible.
We then talked a little more about schooling and how I was
planning on having my kids home schooled.
He couldn’t believe that either and started saying that kids are missing
something when they don’t get to go to school. Yes he would be right.
They’d be missing out on all that great indoctrination. Not to mention all that bullying that we’ve
been hearing about that has been so good for those kids killing other kids and
committing suicide on bridges in front of their “friends”. He said that he thought that getting pushed
around/bullied was a good thing and helped them. I wholeheartedly disagree.
If someone berates me and is rude to me when I have the
ability to stop or change it do I continually go back and ask for more? Heck no.
That would be ridiculous. In a
de-briefing phone call with my brother after the lunch he correctly stated that
that was indeed not necessary and that kids will get plenty of that w/o having
to deal with it in school. He also
wasn’t probably too far off with his statement that it was a defense mechanism
of sorts since he was probably picked on in school and that nobody was there
for him and to protect him and so he was saying what he was to validate his
crappy experience in school. Sad diagnosis,
but I think it isn’t too far off of one.
What I got out of this exchange is that my coworker wouldn’t
have even remotely listened to my reasons for home schooling, which are many,
even if I presented them in a non-bias factual manner because his experience
was “good” and couldn’t possibly be improved upon. Why is this a problem to have in a business partner? Say I want to present my partner with
something new and innovative that will cut costs and boost revenue. Problems though might be that he started the
business, been there longer, is the president, etc and could give a rat’s
behind as to what I’m saying because what is working currently is enough to
survive and is “good”. Consideration
for something better though wasn’t considered and that is a problem when you’re
trying to win and innovate in business.
On the way out of the restaurant I confirmed that we don’t
have internet at our home and we don’t have smart phones. He could not believe this. Later on down the road he tried to
mini-shame me by saying, in response to my saying that I’ve cut off violent and
sex movies, “Are you a monk or something?”
My brother pointed that out to me.
Why is that a problem in business and a business partner? In this case my reasons for getting rid of
my tv and smart phone and what not is for improvement and progress. If in business I tried, with my business
partner, to try and cut waste and focus on more productive activities and they
were shaming me the business would flounder quickly and slow to a crawl.
We talked about his kid’s electronics usage. He said that we don’t have kids and couldn’t
possibly understand what it is like. We
don’t understand that you just need to shut them in their rooms or in the
basement so that mom and I can have some time to ourselves. Well…actually I do. One, I was kid. Two I grew up with two parents, thankfully. The amount of time his kids were/are putting
into electronics though boggled my mind and he deflected responsibility for it
(and his 800 movies previously mentioned) as a way to escape. That is when I called him out...“You can say what
you think, or you can have people like you.”
I straight up told him that he was a bad dad and needed to fix
it. I then quoted the above quote. He deflected his responsibility and doesn’t
want to own up to it, and unfortunately it sounds like, to a degree, that his
wife is the same way. This is a problem
in a business partner because if you can’t rely on them to handle their portion
of the business, if their contribution is vital enough, you may well be out of
business sooner than you think. If they
blame their lack of performance on the weather, the internet being down, the
game was on, or any other million things that could go wrong how are you ever
going to survive and thrive? You’re
not.
The last thing we talked about was how he’d come across
questionable material on his kid’s phones.
He then said he had taken things away.
I laughed and said that that totally futile as even kid addicts can get
things they want with or without the monitoring of their parents. He asked us both, rhetorically, mind you
what one was to do then if you can’t always monitor them and control them? We almost unanimously responded saying that
you must teach them correct principles and let them govern themselves. In a business partnership having a
controlling, micromanaging partner will very quickly erode the trust and growth
of the parties involved and the business will flounder. You do not want this.
You do not want any of this. So what I want you to do before you go into business with someone
is to go to lunch. Then while you’re
there say something provocative, even if you really don’t mean it or believe
it, to see what kind of response you’ll get out of the person and then compare
it to my notes here and see if you’ll still be ok going into a partnership with
this person.