Why a Life's Work can make you a better entrepreneur
Through my firm I've had the pleasure of working with probably hundreds of entrepreneurs, and I hope to work with many thousands more. What I have discovered is that the entrepreneurs who are able to best handle the rigours of startup life tend to be the ones that are grounded and compelled by a sense of purpose and mission in what they are doing. In other words, they are moored and anchored by the discovery and fulfillment of their deepest passions and motivations -- their Life's Work.
I view entrepreneurship as an amazing way to discover and implement a person's Life's Work. It always you the freedom and capability to focus every day on building something that can last a lifetime. For anyone truly committed to creating the grandest versions of their Life's Work, you need as much time as possible in order to do that. Entrepreneurship can provide that vehicle.
Working with entrepreneurs has also provided me with some insight into an interesting truth -- that by simply focusing on their passions and in creating their Life's Work, entrepreneurs end up directly contributing to the betterment of humanity in large and impactful ways.
I think the reason for this is one of perspective. When you are focused on a Life's Work, you are focused on your long term journey here on planet Earth. Every day becomes a small but critical and essential component of a larger, grander framework and project that will encompass an entire lifetime.
When you start to look at life in that way, day-to-day projects start to change and the important things take on greater urgency. You start to realize how much power you have to make meaningful changes to your life, to the lives of other people, and to the planet more generally. You start to realize how much of a difference you can make, and how empowered you are to help other people. It is possible to derive a lot of happiness in life simply by helping others.
Entrepreneurs have it tough. Their visions may never succeed, and unfortunately, it is also true that the entrepreneurs who tack on a social mission to their ventures have a tougher time raising capital. But I also think that a truly committed individual who has done the inner work required to understand why they are here on planet Earth, and what they should be doing with themselves, has a tremendous advantage over other entrepreneurs. Having that type of vision and purpose is a turbo-charge for a new venture. It is also a turbo-charge for a deeper and more spiritual journey -- one that can last a lifetime.