What Dalai Lama taught us about our life in a Startup
Dalai Lama is undoubtedly an inspirational leader! He is one of the most positive human beings I have seen, heard and read about. While reading the Deccan Herald today, I came across these rules (18 of them and I picked the top 5 which I wanted to share -with some thoughts of my own pertaining to running your own Startup.
Rule 1: Take into account that great love and great achievement involves great risk. Absolutely! The rewards are always commensurate with the risks you take in life! Take risks, of course, calculated ones- and see the rewards spilling out in the long run. Leaving your corporate job and creating a startup is a risk. A major risk at the time when you leave. Irrespective of the outcome, great achievements are round the corner -and you need to have complete BELIEF in that! Go with the approach- and you will come out richer, better and stronger!
Rule 2: When you lose, don’t lose the lesson. You will lose in many of the battles you take up. Which is good. Remember, they are not the end of the world. As a startup, we lose customers- but we learn lessons from why we lost them. Look for a learning in every misstep you take. And the more you take, the more lessons that you learn – which makes you sharper in the longer run.
Rule 3: Not getting what you want is sometimes a wonderful stroke of luck. Always! It may be bitter and makes you feel even more desperate! Ultimately in the long run, it is all for a good reason. We lost some great opportunities (it looked like that at that point in time), but in the longer run, we realised it was good that we did not win them. Go with this attitude into many of your discussions- and you will end up a winner in the long run.
Rule 4: Learn the rules so you know how to break them. The objective is not to break the rules. It is to understand how you can think out of the box and approach a challenge differently. Innovatively. As an employee you end up always having to work the rules- but as an entrepreneur, you have a chance to reset the rules. Follow that. For that- learn the rules first… and find ways of rewriting them.
Rule 5: Share your knowledge. Its a way to achieve immortality. The Path of an entrepreneur is a lonely one. But remember, there are a lot of people wanting to follow the same path. Show them the road. Be free with the feedback. Help them navigate the path basis what you have learnt. It is not about immortality- but it is highly satisfying- and that makes a big difference. If you are a believer- then remember, it will all pay itself back in the long run.
Being a Startup has its share of risks & disappointments. But the rewards far outweigh the risks you take to do this. Irrespective of the outcome, you will also always emerge better than before – and that is the best outcome of becoming an Entrepreneur.
Go and try it. Live your life. Live it well. Leave your mark in the world!
Thank you, Dalai Lama for these life lessons.