Selling your soul to the devil and living the “dream”
I attended the local Hackers and Founders event today in Sunnyvale and an interesting conversation came up: at what point, as an entrepreneur, do you give up doing what you “want” and sell out?
Entrpreneurialism is an interesting endeavor because it creates the illusion of freedom. Most entrepreneurs choose the path of self-employment because they do not want to be ruled by a boss. Instead, they seek “freeedom,” which, in actuality, is an illusion; one simply shifts subserviency from one person in a corporate hierarchy to the direct market forces. One’s customers become one’s boss.
The question naturally arises, that if I were to quit my job, to pursue this idealized fantasy of freedom and do what I “want,” how do I avoid the evolution of my business being drawn to a market niche or customer base that I don’t “want” to serve? You don’t.
An entrepreneur, in my eyes, ultimately possesses several characteristics. First, a mission. A business must start very focused with an overarching vision that drives it. Sure, Google started out as a white page with ten links on it, but it ultimately sought to organize the world’s information. As an entrepeneur, you are part of an industry, and that industry finds solutions to problems; whether it’s health care, to transportation, to communication, any business fits into a large, overarching bigger picture.
Secondly, you must have nails that need hammering. This isn’t necessarily the same as the vitamin/pill analogy. The analogy follows: when people are sick, they need pills. They have a burning problem that needs a solution. When they are healthy, the use vitamins. They don’t need vitamins, but they are nice to have. When you are building a business, are you building a vitamin or a pill?
Sure, vitamins can succeed and exist in the market today, albeit niche markets, but this is secondary. What are you building? Is it the solution to problem, or is it a problem seeking solutions? Seems simple enough, but it is surprising how few people truly understand this.
Third, real people must care about your business. This problem is especially prevalent in the Silicon Valley bubble that exists in the 20-mile radius around Stanford. During the building process, ask yourself, do my cousins in rural towns need this? How would my grandmother benefit from this? Could foreigners get this up and running effortlessly?
These three steps will deliver value. Ultimately, entrepreneurialism is a humble pursuit. For this very reason, I chose it as opposed to choosing music as a profession (I play the drums).
Putting yourself in the shoes of the “starving” artist and chasing the artistic dream is unrealistic. Ultimately, there is a trade-off between art and the forces that drive your industry (this could be an entire post unto itself). By the forces that drive your industry, I mean that money must come from somewhere to pay the few musicians (or other types of artists) that can actually make a living. This money often comes from the masses, uneducated in your art form.
Ask yourself–why is Britney Spears or Justin Timberlake so much more popular than Miles Davis or Muddy Waters? Because the former two are simplistic, dumbed-down, easy-to-understand musical renditions that the masses can relate to. Only can an educated and well-versed musician be able to appreciate the space between Miles’ sparse trumpet bursts and truly understand the meaning of “less is more.”
Thus, a professional musician–and this applies to any art form, be it theater, painting, or even computer programming–must sacrifice the art for the sake of income. Therefore, if you are a true artist, you won’t choose it as a profession, so that you can maintain the sanctity of the art form.
There is much, much more to write on these topics, but I’m tired and need to go to bed. Please feel free to disagree.
Hum…I am a single woman who is struggling with my business - I see myself as an artist, writer, seminar leader and psychotherapist. What I struggle with is what I consider “seeling out” that is dumbing my business down and working with people who are miserable and in pain, that is psychologically sick and in mental and emotioanl meltdown or chaos, usually both. I don’t find this a fun business to be in. What I want to do is work with people on their calling or on creating the life of their dreams - this is a much harder sell.
I hate the idea of selling out - that is going after all the miserable people and sitting everyday listening to their tale of woe and not being able to find the time to write or do seminars because I am too busy simply making a living…
From your post I get the impression that this is the only way…
I wish it were not so…
Comment by Lorraine Banfield on October 19, 2008 at 1:08 pm
Lorraine, you bring up a fantastic point: there is an inherent trade-off between art and business. As an artist, you seek to appreciate the subject in the purest form. As a business, you seek to maximize profit. There is rarely an intersection. At the very least, the subset of people that understand your art enough to appreciate it can barely comprise a “market.” Further speculation demand the attention of several posts and further research.
It’s an unfortunate realization in life that we must work to provide value to fulfill the needs of others. That is the only way to pay the bills and feed our families. My suggestion is to keep art and work separate. That is, “sell out” during your day job–in order words, do the work necessary to pay the bills. Work with people on their calling or help them create the life of their dreams as an independent pursuit. This will help keep the artistic aspect of your life pure, and experiences in the two pursuits (work and art) may feed off each other and lead to an overall personal gain.
However, Lorraine, it seems that you have been successful so far; over 20 years of experience, your own private practice, and, overall, a very positive outlook on life (based on reading several of your blog posts). How have you dealt with this trade-off in your own career to get you where you are today?
Comment by adambossy on October 19, 2008 at 5:50 pm