🚀 Founder’s Log 2024.13 🚀
This has been a week where the real world has unfortunately drawn my attention away from my business. However, I know my current efforts will put me in such a better position to flourish and shine in the near future 🌟
Advice Received:
Last week I had the pleasure of attending Purpose Ventures Sydney launch. The panel, with a mix of VC’s and founder’s, offered a more relatable and grounded perspective than is usual in this industry.
I asked them the question: “How do you separate the good advice from the bad advice?”
Derek Gerrard said: “Be aware of their motives”
He pointed out that there is a whole cottage industry of advisors and mentors who may try to exchange advice for equity in your business. Sometimes this is a good deal, sometimes this can cost you more than you realise!
Suzanna Lindsey-Temple said: “Follow your gut”
Intuition is just your brain processing information faster than you can actively comprehend. In those moments, we need to learn to pay attention to what our instincts are telling us. This isn’t definitive, as our instincts can always be wrong, but it’s a better position to start from than blindly trusting people we don't know.
Thank you also to Dave Newman and Kylie Gerrard for your awesome contributions to the panel discussion. It's so great to get a look behind the curtain into the (at times) opaque world of VC!
Lessons learned:
There is a season for everything.
Right now I am moving house. By necessity my attention has been pulled away from the business and directed to packing our lives into a series of boxes.
These sorts of distractions are inevitable in life, and sometime we just have to accept that for a short time we have to just grind through until the task is done.
In these times like moving house, overcoming an illness, or taking care of a loved one, keep your eyes to the horizon and remember that the current state of things is always temporary.
#founderslog #MontesQ #founderjourney #startuplegals #community #advice #weatherthestorm
Founder @ unClassic Foods | Consumer Goods
2mosalt & straw & u guys 😍