It’s a common scenario: when asked, “How are things going?”, many founders instinctively reply, “Great.” However, behind the scenes, they may be struggling with cash flow, personnel issues, customer churn, or strategic shifts. This article explores why founders may not always be honest about their situation and suggests ways to build a support system that allows for more authenticity.
Why Do We Lie?
Founders may lie about their situation for various reasons, such as trying to impress investors, employees, the press, peers, or even family members. They may also be responding to societal pressures to maintain a successful appearance. This pressure to keep up appearances can result in a lack of transparency, making it difficult for founders to find the support they need.
What Does it Take to Be a Founder?
Founders possess unique characteristics that set them apart from others.
- A belief that they are doing something new and special
- A mix of stubbornness and naivete when approaching challenges
- High pain and risk tolerance
- A focus on ideas and connections
- A constant drive for progress
These qualities can make founders resilient and determined, but they can also lead to an unwillingness to admit when things are not going as planned.
Crafting a More Honest Answer
When asked about their situation, founders can provide more authentic answers that encourage deeper conversation. For example, they might say, “I’m doing okay, but running a business is a marathon.” This response acknowledges the challenges of entrepreneurship while still maintaining a positive attitude. By opening up about their struggles, founders can pave the way for more meaningful connections and support.
Support Group vs. Support System
Instead of a support group of like-minded peers, founders may benefit more from a support system consisting of various types of relationships. This support system can include:
- Someone with perspective: A person who can provide insights based on their life experiences, helping founders think through big decisions.
- Someone willing to hurt your feelings: A blunt, honest individual who can call out areas for improvement and provide constructive criticism.
- Someone who knew you before becoming a founder: A long-time friend or family member who can help founders stay grounded and remember their core values.
- Someone unapologetically on your side: A person who provides unconditional support and encouragement, helping founders recharge emotionally.
- Someone whose life is very different from yours: A connection with diverse opinions and experiences, challenging founders to see things from different perspectives.
Founders often struggle with being honest about their challenges. By embracing authenticity and building a support system, they can better navigate the ups and downs of entrepreneurship. Remember, it’s essential to surround yourself with people who provide perspective, honesty, grounding, unwavering support, and diverse viewpoints to foster personal and professional growth. As a founder, don’t shy away from the truth; instead, use it as an opportunity to learn, grow, and build a stronger support system.
