I recently read The Start-up of You by Reid Hoffman and Ben Casnocha and it has been one of the most insightful books I have ever read. If that causes me to seem illiterate, that’s
a shame. This book brought about principles that every individual should apply
into their life whether they plan to start a company or not. I mean the book
starts out saying that “all humans are entrepreneurs”. They express that “all humans are
entrepreneurs not because they should start companies but because the will to
create is encoded in human DNA, and creation is the essence of
entrepreneurship”.
Our
world, our society, and our life around us are in a constant state of motion
and change. We need to be able to adapt to those changes. According to the
book, in order to “adapt to the challenges of professional life today, we need
to rediscover our entrepreneurial instincts and use them to forge new sorts of
careers”. Entrepreneurs are not only
capable, but always at the ready to adapt to change because they know “if you
fail to adapt, no one is going to catch you when you fall”. This was one of the
big principles touched upon in the book: Plan to Adapt. I love how it refers to
your life as being in “Permanent Beta”. You should constantly be in a mode of
bettering and improving. “We are all works in progress. Each day presents an
opportunity to learn more, do more, be more, grow more in our lives and
careers”. In regards to adaptation, it
refers to the plans needed in order to adapt. They refer to it as ABZ Planning
and to them, “ABZ Planning isn’t something you do once early in your career.
It’s a process as important for someone in their forties or fifties as for a
newly minted college grad.” ABZ stands
for Plan A, what you are doing right now, Plan B, what you “pivot” to when you
need to change your goal/route, and Plan Z is your fallback, also known as your
lifeboat when all other plans fail. “There is no beginning, middle, or end to a
career journey; no matter how old you are or at what stage, you will always be
planning and adapting.”
Another principle
referred to in the book, is the need to develop a competitive advantage. They
mentioned three puzzle pieces that help make up that advantage: aspirations
(your deepest wishes, goals, and vision), assets (what you have/know right now,
both soft and hard assets), and market realities (the supply and demand for
what you offer, relative to the competition); these puzzle pieces will fit
together in different ways at different times in your life. The book suggests that a good career plan
accounts for the interaction of the three pieces and that those pieces are ever
evolving and need to be analyzed regularly. In order to build a competitive
advantage, it encompasses joining those three pieces at every career stage in life.
A major principle
that the book vested in was the need for networks, and it’s not about having
the biggest network, it’s about having the best
network. Simply put, if you want to accelerate your career, you need the
assistance and support of others. The book talks a lot about networking, how to
build your network, how to strengthen your network, utilize your network, and
how to navigate professional challenges with network intelligences. Having and
maintaining a network is crucial in order to be successful in business. The
tips given in the book can really be advantageous toward ones’ career.
One of the final
principles from the book, that I haven’t mentioned yet, is the need to take
intelligent risks. Risks seem to carry a bad omen about them, however you will
find that risks are a perpetual part of life. So instead of fearing them, we
need to be intelligent about them so that we can assess and manage them wisely
and to our advantage. And the last principle that I almost forgot about is the
urgency to pursue breakout opportunities as success begins with opportunities.
These opportunities can be fleeting and we need to be able to recognize them
and snatch them when they become available.
We were all born
entrepreneurs, but that doesn’t ensure we will live like one. We live in a very
competitive and quick-paced world and need to adapt to keep up. The book points
out that the “You” in The Start-up of You
is plural, as you grow as an individual - your network is what keeps you alive.
This book has burned a deep motivation within me to build my network and give
it the nourishing that it needs. I have been inspired to use my assets and
aspirations to find my place in the world, a place where I can make a
meaningful impact and show the world what I am worth. I will take the necessary
risks, be wise in my endeavors, and push myself to the limit. I will live a
life in “permanent beta” where I am ever progressing and do something that’s in
line with my values and helps to make the world a better place.
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