#40a – Entrepreneur TMI? On dealing with business crisis.

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In my days as an analyst in the merger and acquisition/competitive analysis industry, I would listen with utter shock as heads of major corporations would pour their “business hearts” out to my team.  Product x was lagging in sales, and consumers hated it. They asked us for help.  They were getting killed by a foreign competitor. Could we help them? We were the business therapists for corporate America. I always wondered if they spoke this way to everyone, or just a select few. Whatever the methodology, they seemed clear on one thing:  Our clients had the wisdom to realize they must confront reality, to change reality.

Confront reality, to change reality.

A lot of entrepreneurs “spin it.” You have to, for funders, clients, etc.  “How is everything?” “Oh, greeeaaat! Greeaaaat!” But, when DO we share the truth? So, when I detailed the crisis which almost de-railed #sisUdc – Sisterhood University – last weekend, my husband:

  • #1. Couldn’t believe I survived without having a nervous breakdown and
  • #2. Discouraged me from writing about it.

Now mind you, everything turned out great (see news coverage), but it was quite the juggling act getting there.

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Me, on walk this a.m. with hubby:  “I wrote a post describing the fire-fighting I did behind the scenes before #sisUdc.”

Husband:  “Uuuuuhhhh, I wouldn’t write about that. I think you can use other examples of crisis.  So many people think you do great work. Why jeopardize that?”

Me:  “Because I go through the tough times like everyone, and have to balance a ton of stuff just like the women in the audience. It seems silly to pretend I don’t or that everything is perfect.”

Husband: “Veeeeerrryyy interesting.”

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So, I am still not sure I should “out” the series of crises that almost prevented #sisUdc from happening. Do I share what REALLY went on behind the scenes?  Please vote below.



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