Having no Risk is Risky

I wish I was super insightful, and that this blog would change your life, or inspire you or just set you on the right track for the rest of your day (let alone life), but I’m not. I don’t believe anyone is.

If you stop reading this prematurely please take a glance at the quote below. Never in the world has the power of individual perseverance been summed up so completely:

Nothing in this world can take the place of persistence. Talent will not; nothing is more common than unsuccessful people with talent.
Genius will not; unrewarded genius is almost a proverb.
Education will not; the world is full of educated failures.
Persistence and determination alone are omnipotent.

-Calvin Coolidge

The truth is no one is going to change your life, or give you the necessary push, or start you off right. It’s all on you. I think this is why every investor wants you to have skin in the game in the startup scene.
You need to have a reason to make it work, you need to have a concrete debt that is entirely on you to make it work.

Way back things were much different than they are today. There were no “Angels, Grants or Accelerators”. I still remember the time my mother told me my Grandfather refused to spend his EI check on food for the family. Instead, he built a fruit and vegetable stand because it was his life and he wasn’t going to raise a family through government support. But, most people would call that reckless and disapprove. The only thing I’m sure of through my time in a startup is it’s exactly the opposite. That risk, that necessary step ensures that:

  • You don’t sleep
  • You don’t stop
  • You don’t waiver

You make it work because people depend on you, because it’s your life and now, for better or worse, you’re in control.

Investors that have had startups get it. I’m gifted to have a lot of mentors and the best conversations are the ones about the risk, the money they put in, the trials they went through, the nights they couldn’t sleep. That risk didn’t scare them, it drove them. I did it intentionally to myself. I do it intentionally to the people I work with. I make them public, I get their faces out there. The only way this is going to work is simple, Perseverance. The only way to get true perseverance is to make it riskier for everyone involved. Because, then there’s only one option. It has to work.