The Resilient Founder

The Resilient Founder
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Managing your own psychology is the hardest skill for any founder As acclaimed investor and entrepreneur Ben Horowitz once stated, managing your own psychology is the hardest skill for any founder or CEO. In The Resilient Founder: Lessons in Endurance from Startup Entrepreneurs, Mahendra Ramsinghani gathers insights from over a hundred founders to deliver an intuitive and insightful guide to understanding our psychology and navigating the psychological pressures of startup leadership. Venture backed companies are expected to grow at high velocity, raise large amounts of capital, build teams effectively to achieve unicorn, no decacorn status. Yet the journey is long, filled with uncertainties, extremities and black swan events. It can wear out the best and the brightest. On the outside, a CEO can demonstrate sheer bravado, an invincible spirit as they behead dragons in the business battlefield. And on the inside, they deal with their dark side, subconscious struggles, emotional barriers, shame or guilt. The role of a founder can be lonely, frustrating and filled with high-highs and low-lows – all of this leading to anxiety, depression even suicide. This book addresses the fundamentals of understanding our own inner workings and explores practical ways of overcoming our inner hurdles. Filled with simple, yet concrete strategies, lessons and insights, founders and business leaders can work with stress, anxiety, and other mental challenges presented by the life of an entrepreneur. In this book, readers will learn to: Understand the basics of founder psychology, and how our inner workings can help or hurt us The importance of building a healthy ego, leading to resilience Draw on the lessons of established startup leaders on how to wrestle with their own mental and emotional challenges Written for founders, entrepreneurs and Chief Executive Officers, The Resilient Founder leads a gentle path to self-awareness, compassionate soul-care and inner wellbeing. Entrepreneur, Investor and author Brad Feld calls this book «dynamite». Case studies, philosophical perspectives and a generous dose of poetry is sprinkled across this book, which can be a companion for all those misfits, rebels and the crazy ones. For all those perpetually hitched on the roller coaster ride of entrepreneurial journey, this book is first of a kind to delve into the dark side and present a balanced approach to building your inner core as you build your company. This is no quick-fix guide, and we are perpetual work-in-progress. Today is Day One. Let us start the journey.

Оглавление

Mahendra Ramsinghani. The Resilient Founder

Table of Contents

List of Tables

List of Illustrations

Guide

Pages

THE RESILIENT FOUNDER. LESSONS IN ENDURANCE FROM STARTUP ENTREPRENEURS

Foreword

Acknowledgments

About the Cover

A Note to Readers

Introduction The Despondent Founder

PSYCHOLOGICAL QUOTIENT – AN INTRODUCTION

No One Is Normal

What Cannot Be Measured

Doing, Thinking, and Feeling

Just Give Me the Answers, or Leave Me with the Unspoken Agony

MY HOPE FOR YOU

NOTES

Part I Running to a Standstill

1 When Suicide Seems Like a Good Option

BREAKING THE TABOO: DISCUSSING SUICIDE

When Dreams Turn to Despair

Thinking, Ruminating, Full-on Planning

What Drives Us to the Cliff – Is It Shame, Envy, or Powerlessness?

Vulnerable Egos and High Expectations

SELF-IMAGE AND INEPTITUDE

The Tyranny of Ambition, the Agony of Success

DOES OUR ATTITUDE DEFINE OUR OUTCOMES?

NOTES

2 Stepping Back from the Edge

LOOKING FOR CLARITY

This Might Be Just a Passing Phase, One of My Bad Days

Fantasizing about Death versus Facing the Harshness of Reality

NOTE

3 How External Events Trigger Negative Feelings

PERSISTENCE: THE DOUBLE-EDGED SWORD

FOUR TYPES OF STRESSORS

HOW IS THIS THOUGHT HELPING ME?

NOTES

4 Obstacles and Frustrations

BARRIERS TO ENTRY – THE OLD VERSUS THE NEW

RESOURCES VERSUS CONSTRAINTS

Internal Resources

PROCESS VERSUS REWARDS

Part II Understanding Our Psychology

5 Building Our Psychological Quotient

SEEKING A CRAZY KIND OF ADVENTURE

Psychological Effects

Burnout, Overwhelmed, or Depressed – Giving It a Name

WHEN OUR EMOTIONS CLASH WITH LOGIC

THE THREE REGIONS OF INNER CONFLICT

NOTE

6 Ethics

BUILDING A START-UP WITH A SENSE OF MEANING

ETHICS, MORALITY, RIGHTEOUSNESS, AND SUPEREGO

Purpose and Mission – The Moral Compass of the Individual and the Company

Letting Ethics Take the Lead

7 Do the Right Thing

ETHICS AT WORK

GREATEST GOOD FOR THE GREATEST NUMBER

ETHICS AND SOCIAL CHANGE – LESSONS FROM COINBASE

BUILDING AN ETHICAL FRAMEWORK

8 Ego – The Emperor and the Slave

IMPULSES, EGO, AND SUPEREGO

WHY IS EGO NECESSARY IN BUSINESS?

Two Contrasts in Self-View: Frank Lloyd Wright and Eileen Fisher. Frank Lloyd Wright: World's greatest architect

Eileen Fisher: Just an ordinary person

THE EGO AND OUR SELF-IMAGE

NOTES

9 Working with Your Ego

A FOUNDER'S EGO IS ABNORMAL

WHO DOES YOUR EGO SERVE?

THE EGO IS NOT THE ENEMY

10 The Hidden Land of Desires and Motivations

MEET YOUR ID

THE DESIRE TO START SOMETHING UP

Reaching for the Stars – Scale of Ambition

The Second-Order Effects as a Motivator – Looking Beyond the Financial Returns

OUR HIDDEN DESIRES AND DRIVERS

Desires – Intrinsic and Extrinsic

THE DANGER OF UNMET DESIRES

The Internet of Things Your Mom Won't Do for You Anymore

NOTE

11 Logos and the Mind

THE ANALYTICAL ENGINE OF THE MIND

WHAT IS THE MIND?

Inside Bill's Brain

Putting It in Computer Jargon

Toward Pleasure and Away from Pain

THE THREE BROAD FUNCTIONS OF OUR MIND

Memory – Building a Start-up Narrative

The Founder's Mind

12 Pathos: Belief Systems

OUR BELIEFS DRIVE OUR BEHAVIORS

OUR BELIEFS DICTATE OUR NARRATIVES

IS AMBITION A VICE OR VIRTUE? IT DEPENDS ON WHAT YOU BELIEVE

13 Putting It All Together

Part III Reassembling the Furniture

14 Toward Building a Healthy Ego

WHAT IS A HEALTHY EGO?

ARE YOU ABLE TO CONTROL YOUR IMPULSES?

Measurements of Resilience

Skills: Are You Able to Make Judgment Calls and Predict Probable Outcomes of Your Actions?

Self-view: Are You Able to Adjust Your Views When Situations Change?

World View: How Do You See the World Around You?

HOW DOES YOUR EGO PROTECT YOU WHEN YOU FEEL UNSAFE?

Level I – Pathological Defenses

Level II – Immature Defenses

Fantasy: San Francisco Entrepreneur Anoints Himself as Emperor of America

Level III – Neurotic Defenses

Level IV – Mature Defenses

CAN YOU MASTER YOUR EGO?

NOTE

15 Psychotherapy: An Imperfect History of an Impossible Profession

SIGMUND FREUD: THE PAST CREATES THE FUTURE

CARL JUNG: A LOOK AT THE DARK SIDE

ALFRED ADLER: THE PAST DOES NOT MATTER, JUST FOCUS ON THE PRESENT

16 Fearing Our Own Selves … and Other Mental Blocks

HOW WE RESIST OUR DEVELOPMENT – IGNORANCE AND DENIAL

DISMANTLING THE BLOCKS

Listen to Your Inner Voice

Happiness Is Subjective

Bring on the Professionals!

MANY DIFFERENT WAYS, ONE DESTINATION

UNCOVER THE HIDDEN AND THE REPRESSED

THE HARD THING ABOUT THERAPY – LETTING THE THERAPIST DRIVE

17 Stages of Therapy

FOUR PHASES OF THERAPY

Step 1: Acceptance

Step 2: Engagement – or This Space Between Us

Step 3: Insights and Growth

Step 4: Development

18 Challenges and Pitfalls in Therapy

THE ROAD TO A HEALTHY MIND IS LONG

19 Medicating Our Way to Recovery

THE MEDICATION DEBATE

The Basics – Exercise, Sleep, and Food Habits

Sleeping on the Job

MOTIVATIONS, MONEY, AND THE NEED FOR SPEED

On drug discovery and research …

TO MEDICATE OR NOT TO MEDICATE IS A LONGSTANDING DEBATE

NOTES

Part IV These Rituals Worked for Us

20 A Soul Made Cheerful

WORKING ON YOUR INSIDE – THE IMPORTANCE OF SELF-CARE

HOW WE AVOID SELF-CARE

NOTES

21 Prescription 1 – An Organized Diminution of Work

PAUSE, BALANCE, BREATHE

THE FEELING OF NOT DOING

NOTE

22 Prescription 2 – Get Out of Your Head

LESS HEAD, MORE BODY

Burn It Up

Solvitur ambulando – It Is Solved by Walking

SILENCING THE INNER CHATTER

MANAGING THE VELCRO OF NEGATIVE EXPERIENCES

The Observer and the Observed

CORTISOL, SEROTONIN, AND DOPAMINE – THE MAGIC OF TOUCH

NOTE

23 Prescription 3 – Feeling, Not Thinking

POETRY IS FEELING – NOT THINKING

MUSIC AND MOODS

IN SERVICE OF OTHERS

GRATITUDE WITH PRESENCE

IT'S A MATTER OF TIME – REFLECTIONS AND RUMINATION

24 Prescription 4 – Spirit over Mind

STARING IN THE ABYSS

WHAT DO YOU WORSHIP?

PICK YOUR GODS OR THEY PICK YOU

SEEKING SOLACE

UNDERSTANDING OUR SHADOW SIDE – FEARS, ENVY, RESENTMENT

Working with Our Inner Demons

Thug Life – Facing Your Fears

Abandon Notions of Growth, to Allow All Experiences

Projecting – What I See in You Lies Dormant in Me

25 Prescription 5 – A Promise to Yourself

26 The Elements ofa Good Life

Desiderata – Max Ehrmann

Postscript: How to Care for the Broken and the Depressed

TOP REASONS FOUNDERS DO NOT ASK

WHAT DO THE DEPRESSED NEED?

WHEN YOU MEET SOMEONE DEEP IN GRIEF

WHAT THE DEPRESSED DO NOT NEED

HOW TO HELP – A FEW GOOD EXAMPLES

It's Only Darkness, Not the End

Reading Poetry Aloud

Massaging the Soles of Your Feet

Approach the Depressed with Care

NOTES

Appendix I: A Founder's Mental Health Manifesto

Appendix II: Founders’ Voices and Anonymized Surveys

About the Author

About the Website

Index

WILEY END USER LICENSE AGREEMENT

Отрывок из книги

Mahendra Ramsinghani

Austen Heinz, Aaron Swartz, Jody ShermanSreeram Veerangandham,and many more …

.....

In a rapid-paced world, the fastest runner, the unicorn-bagging CEO, becomes the hero. But very few get there, and for the vast majority who don't, the self-image crumbles. “This state of shame and envy is followed by self-destructive impulses … the suffering ego wants to do away with the self in order to wipe out the offending, disappointing reality of failure … the self-destructive impulses are to be understood here as the expression of narcissistic rage,” writes psychoanalyst Heinz Kohut. Founders have to be mildly narcissistic, and believe that their images, their views can change the world. When faced with resistance, this perspective and energy turns dark, angry, a rage when it does not meet its self-appointed goals.

Those who may have started off on the hero's journey may soon feel powerless against the stagnant forces of the market adoption risks, technology stasis, and fickleness of investors, who were chasing the next big thing. Mark probably felt weak and helpless. And his identity was so attached to his start-up, unable to separate the two, he decided to end it all.

.....

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