I thought about becoming an entrepreneur for a long time before I summoned my inner David Lee Roth and actually jumped. In fact, I thought about starting a business for nearly 2 decades before I launched the advertising and idea agency The Weaponry. Which means that, unlike Geddy Lee, I didn’t rush into anything.
Once I had my entrepreneurial awakening in the summer of 2015 I began generating income within just a few months. I officially legalized The Weaponry as an LLC (yeah, you know me) in the spring of 2016. And while I have physically looked back since then, I have had no regrets.
Over the past 7 years, I have learned a lifetime’s worth of lessons about entrepreneurship. (Starting with how to spell the word itself.) But the most important thing to know about entrepreneurship is this:
The entrepreneur is the great limiter of the business.
10 Ways Entrepreneurs Limit Their Business
You will be limited by your energy and ability to work hard.
2. You will be limited by your network and willingness to reach out and connect.
3. You will be limited by your ability to recruit and hire. (Think about it. There must be hire love.)
4. You will be limited by your willingness to create standardized processes.
5. You will be limited by your ability to give up control to others.
6. You will be limited by the size and scope of your vision.
7. You will be limited by your ability to control your greed and keep your hands off the cash flow, Gordon Gekko.
8. You will be limited by your ability to grow sales to scale your operation into a more effective and efficient machine.
9. You will be limited by your creativity and willingness to innovate
10. You will be limited by your risk tolerance. If you are not willing to walk the tightrope to the promised land you will never get there.
Perhaps most importantly, there is no one else to blame if you don’t become an entrepreneur at all. And if you are an entrepreneur, there is no one else that will prevent you from growing your business’s annual revenue to $100,0000, $1,000,000, $100,000,000, or $1,000,000,000 per year. That’s on you.
As the entrepreneur, you are both the gas pedal and the brake. Most people are afraid to take their foot off the brake, and as a result, never get going. Which means they never see where their journey could have taken them. Don’t let that be you.
Key Takeaway
Find your entrepreneurial gas pedal. Get going. Keep going. Then go faster. It will be your willingness to go, grow, create, and accelerate that will determine how far your journey takes you. We all have a limited amount of time. So go while you can. Realize that you are the determining factor. So be determined to be more.
*If you know someone who could benefit from this message, please share it with them.
Success always sounds easier than it really is. You set a goal. You work hard. And you accomplish it, right? It’s all so so logical, and linear.
But the logic overlooks the most overlooked stage of success. The pre-boil. You remember. It’s the lesson we learned in science class. And it’s a lesson we’re reminded of every time we watch a pot. Because that mofo never boils.
When you boil water there are 5 stages to the process:
You fill a pot with water.
You place the pot on the stove.
You turn on the burner
The burner heats the water.
The water boils.
4 out of the 5 stages of the process last only a matter of seconds. Like an Instagram story. But one of the stages takes much longer.
Stage 4: The Pre-Boil.
The Pre-Boil is the part of the process when you put in the necessary work to get the result. But you are not yet getting the result you are after.
You have to go through the pre-boil phase:
When you exercise.
When you want to lose weight.
When you want to establish a successful career.
When you want to be an influencer.
When you start your own business.
When you are a student.
When you write a book.
When you want to make a tasty lobster dinner.
And when you want to build Rome. (Because everyone knows that is not a one-day job.)
The Most Common Cause Of Failure
Most attempts fail because they don’t survive the pre-boil. Because during this stage the effort you put in is far greater than the results you get out.
However, during the pre-boil, your effort, work, dedication, and sacrifice are accumulating. Just like the heat that is accumulating in that pot of water on the stove.
The pre-boil is the price of entry. It is the initiation to the club. It is the test to see if you really want what you think you want. If you really want that dream to come true you must keep marching through the pre-boil. It is the only way to get to your goal.
Key Takeaway
All great accomplishments require sustained effort. The energy you exert is added to your account. But you won’t see the results right away. Know that. Accept that. And keep going. Success is a test. The universe holds back the reward to sweeten it. Which makes it worth both the work and the wait.
*If you know someone who could benefit from this message, please share it with them.
I had several conversations this week with dreamers. They all had interesting ideas that they wanted to bring to life. Which led to our discussions about the next steps on their journey.
Through my countless conversations, with dreamers, it is clear that we do a poor job of teaching people how to bring their dreams to life. Which means that most people have an easier time creating a human than creating a blog. Which is crazy. Or it’s a sign that God wanted more babies than blog posts.
I have spent my entire career bringing ideas to life. First, as a professional advertising creative, then as a t-shirt creator. I ramped up the degree of difficulty when I created The Weaponry, a full-service advertising and ideas agency. Most recently I published the book What Does Your Fortune Cookie Say? Then I made 80 real fortune cookies, with my real fortunes inside them.
I know how to make dreams a reality. I follow a simple process. And I want to make sure you know it too. Here it is.
5 simple steps to convert your dreams into reality.
1. Dream: Think of the fun, interesting, and rewarding things you would like to create or do. Most people who come to me to talk about their next steps have gotten this far. I’m guessing you’ve gotten this far, or you probably wouldn’t have been interested in this article. Because headlines help us decide. That’s the power of advertising.
2. Write: Get the dream out of your head and write it down. This creates the first real manifestation of your idea in the real world. It makes it tangible and detailed. This physical form of the idea is like a blueprint or a recipe card. Once you have the dream written down you can bring it to life. The more detail the better. You would be shocked how few people come to this step on their own. Most dreams never make it to written form. Yet it is the easiest part of the process. Easy like Sunday morning.
3. Research Once you have your dream written down, do a little research to educate yourself on the topic, process, industry, or whatever you need to learn to get the train moving. Google is your friend. (If you’d don’t know what Google is just google it.) But the key is to do a little research. Don’t analyze things to death. Learn just enough to get moving. Then go. If you are researching more than a week before you take your first steps you are procrastinating.
4. Deadline Give yourself a deadline. Dreams without a deadline are pure fantasy. To get into the non-fiction section you have to constrain your plans with a due date. Or a Do-date. Or a Zippity-do-date. Set a date to take your first action. And set a date for completion. If you really want results, create an entire timeline. And block time on your calendar to take action, Jackson. Again, none of this is hard.
5. Action Get to the doing. Take the very first action. When you do, the next action will magically appear. Like Platform Nine and 3 Quarters. Then just keep taking steps. Always have a bias towards action. Bloggers Note: I once dreamed of writing a blog. By the end of this month, I will have written 800 blog posts. Because I just keep taking action.
Key Takeaway
Bringing your dreams to life is easier than you think. Follow the process. The steps are not hard on their own. Just keep taking steps and soon your dream will be your reality. If your progress stalls, revisit the process. Your problem will be solved by taking steps 2, 3, 4 or 5.
*If you know someone who could benefit from this message, please share it with them.
I always loved the idea of being an entrepreneur. But like most normal people, I started my career as an employee. I worked for my first employer for 10 years. I worked for my next employer for 9 years. I liked my jobs. But I always knew that in my dream scenario I wanted to own my own business. I bet your dream scenario has a similar entrepreneurial ending. And maybe a swim-up bar.
After years of semi-scientific research, I have concluded that there are 3 great times to start your own business. I have published my findings below for your evaluation.
The 3 Great Times To Start Your Own Business.
When you are first out of school, and have nothing to lose.
When you retire, have plenty of money and time, and have nothing to lose.
When you are 40ish, have a lot of experience, skills, contacts, and confidence. And a lot to lose.
The first 2 paths are popular for obvious reasons. Like the-nothing-to-lose part. When you are right out of school, you aren’t giving up anything. And at the end of your regularly scheduled career, you get to choose an overtime period. Which is fun. And only threatens your shuffleboard time.
I am a mid-career entrepreneur. Jeff Hilimire started his entrepreneurial adventure while still in college. We’re both happy with our decisions.
Track Switching
But how in the world do you switch from the employee track to the entrepreneurial track mid-career? Even more challenging, how do you do it if you have a really successful career and are well compensated? How do you make the transition when you have a significant mortgage? And car payments? And kids? And a spouse you really want to keep? Plus, there is the insurance thing. And the annual company Christmas party with all the free alcohol! How do you walk away from all that gravy?
Dream it up and make it happen.
You can do it!
Well W-2 Nation, I did it. And it has been an amazing experience. When I turned 40, I realized that if I died then and there, on the dance floor, while doing the Electric Slide, my greatest regret would be that I never started my own advertising agency. So I resolved to start my own business within the next 2 years.
I launched The Weaponry, an advertising and idea agency, 6 years ago. Today, we have 26 clients, 2 offices, health insurance, dental insurance, and a matching 401(k) plan. (Never forget the k, or all you have is an area code.) We are looking at a 50% year-over-year revenue growth rate. And most importantly, I got to create the dress code.
Make the move!
Now, I want to help you begin your mid-carer entrepreneurial adventure. What lies below the fold is the collection of tips, how-tos, and advice I wish I had 7 years ago. This isn’t how-to-build-a-unicorn stuff. I’m not talking about a Zuckerberg, Gates, or Jobs path, where you drop out of college and start a trillion-dollar business. I am talking about advice for regular people, with regular careers, who want to use their experience as a launchpad to entrepreneurial success.
That’s what I did. And you can too. Here’s how, brown cow.
20 Key Steps To Becoming A Mid-Career Entrepreneur.
Surround Yourself With Entrepreneurs. Entrepreneurship is a mindset more than anything. It helps to spend as much time as you can with other entrepreneurs. It helps rewire your brain to see opportunities and become a problem solver. It will help you develop your risk tolerance. Because once you are around entrepreneurs who are enjoying the rewards of their risk tolerance you will realize the nice homes, cars, vacations, and freedoms are well worth the wager. Ask your Mentorpreneurs all the questions you can think of. They will want to help. And by hanging with your Mentorpreneurs, you realize it is far riskier to leave the control over your income to someone else. Plus, you quickly realize that you can create anything you dream up. Like the word Mentorpreneur.
2. Become really great at what you do. When you are great at what you do you become sought after. And when people seek you out, it means you no longer need your employer to develop opportunities for you. Because you can create those opportunities for yourself. This is called career capital. The more you develop the easier it becomes to call your own shots (shots shots shots!) When your clients at your day job are more in love with you than the company you work for you have a green light to start your own business. And green means go, Mario!
3. Develop And Maintain Your Network. People work with people. And they love to work with people they like and trust. Continuously expand and strengthen your relationships. The more people who like and trust you the better. Those people will become customers, partners, connectors, and referrals. And those are the 4 most important people in an entrepreneur’s life. (After the supportive spouse and great coworkers.) If you’ve neglected this area of your career, it’s time to get to work. When I started The Weaponry I quickly realized I had done much of the hardest work of entrepreneurship decades earlier through my relationship-building.
4. Save Your Money. By having reserves in your bank account or investments you can tap into, you buy yourself running room to start your own business. Most people can’t consider starting their own business because they don’t have the luxury of not having a dependable paycheck for several months. Don’t be that kid. If you don’t have the money on hand yet, start your Run-My-Own Business Fund today. You might not need the money. Or not much of it. But simply having it available provides the confidence to jump, like David Lee Roth.
5. Live Below Your Means. As your income increases, don’t let your expenses rise at the same rate or you will always need your current level of income. That’s a problem. You’ve heard of the golden handcuffs of a high-paying job that keep people locked into their employer. But the most dangerous career situation is the one where you need your current income level to support your lifestyle. Because you will never be able to downshift into a lesser-paying situation, even temporarily. And the first move an entrepreneur needs to make is downshifting into a lesser-paying situation for an undefined length of time. That is the price of entry. That is the entrepreneurial initiation ritual, my friends. Tip #4 helps you bridge that gap. My dip only lasted about a year. But it really made me hustle. And hustling helps you make money. #dothehustle
6. Don’t Quit Your Day Job. To combat the money challenges outlined in the previous points, don’t do something rash, like quit your job. Hold onto your job as long as you can. It will be the primary source of funding for your startup. Use your current job to help pay for the expenses of your next job as long as you can. Work on your startup at night and on the weekends. Like Shania Twain said, no one needs to know right now. Not quitting your day job allows your startup to gain speed, momentum, and cash flow. Not quitting until you have to makes it much easier to jump from the Employee Train to the Entrepreneur Train. If we were swinging from ring to ring on a playground, think about not letting go of the ring you are holding until you have your hand firmly on the next one. And if you never have a firm grip on the next ring, then you never let go of the one you were already holding. No harm. No foul. You tried. You can be proud of that.
7. Read The Book The E-Myth by Michael Gerber. This book is the bible on how to start and run your business the right way. (Only there is no Jesus.) I followed all of the guidance in this book before launching The Weaponry. It helped me think about the whole process the right way, and avoid a lot of problems. When people tell me they are planning to start a business, or are floundering in their startup, I always recommend they read this. And everyone always thanks me. If I were you I would hit the link above and order the book right now. Tip #8 can wait.
8. Create Your Legal Entity: It’s easy to create a legal business entity. Start simply by applying for your FEIN. Which is your Federal Employer Identification Number. It’s like your business’s social security number. This ID number enables you to do everything the way the government and IRS want you to. With this in hand, you can file your legal business entity with your state as an LLC (Limited Liability Company), Corporation, Limited Partnership, General Partnership, or as a Sole Proprietor. I set up an LLC. (Yeah you know me.) It’s quick and easy. Then you can open your business bank accounts and get your company credit card. With these things in place, you have your financial and legal structures ready to roll. Which means you won’t need to ask your customers to pay you in cash. Or chickens.
9. Get Quickbooks. Quickbooks is the accounting software that makes it easy to track and manage your accounting. You connect all of your bank accounts and credit cards to this. It makes it easy to create and send invoices (bills) and to know what is due and when. It also provides reports (profit and loss, profitability, balance sheets, etc.) and dashboards that help you manage your business. Get this going as soon as you can afford to. It will become the backbone of your accounting system. And your scoreboard. Best of all, Quickbooks is not the book equivalent to quicksand.
10. Get A Good Bookkeeper. Bookkeepers are God’s gift to entrepreneurs. They are reasonably priced specialists who have a valuable skillset that you likely don’t have. They can help you stay on top of your accounting while enabling you to spend more time on the things only you can do. Like finding paying clients. And putting on your deodorant.
11. Collect Recognizable People And Logos: You can start your business by working with anyone. But the goal should be to collect recognizable names as customers. That could mean that you work with well-known brands or people that other people know. When you share the kinds of brands or people that you work with you are elevating and legitimizing your brand by using theirs. If you work with individuals, work with the most popular most trusted, and most respected people you can. Their decision to work with you will carry more weight than say, your grandma. Sorry, Grandma.
12. Get involved in your community. The more involved you are in your community the more you will be connected to others and the opportunities they can introduce you to. You could be involved as a volunteer, member, attendee, or sponsor. You are going to want strong ties to the people around you and this is one of the best ways to get to know as many people as possible. Even better, when you support your community you will find that your community supports you too. It’s a thing.
13. Grab Chocolate Milk. Entrepreneurs understand the power of spending time with other people. Getting together for chocolate milk, (my preference) or coffee (most of America’s preference) is not about the beverage. It’s about the sharing and comparing of experiences and ideas. Through the process is sitting down with another person and talking you discover new ideas and resources. It creates a great transfer of knowledge and experience. It is the best way to tap into another person’s perspective and network. You could also meet for breakfast, lunch or drinks. Or fricken caramels. It’s all ah-bu-trary. #namethatmovie
14. Start A Blog, Podcast, Or Regularly Published Knowledge Share. It is not about who you know. It really is about who knows you. The more people who know about you, what you know, and what you are doing, the better. I started a blog right when I launched The Weaponry. And it has been a great vehicle to share my thoughts, ideas, successes, and learnings with the world. By doing so, my business and I are both top of mind when people have relevant opportunities. Podcasts, newsletters, columns, and social media channels all work too. The key is to share information and value with the world broadly so that more people than you could reach through individual messages know about you, your skills, philosophy, and eventually your business offering.
Me and my crew.
15.Find a supportive spouse. In the middle of your career, you are likely to have a spouse or life partner who is tied to your success or failure. Their support and encouragement are critical to your success. My wife Dawn has been amazingly supportive. She never batted an eye or raised an eyebrow when I shared my entrepreneurial vision with her. I would share this post with your partner so that they have an idea of what you are trying to do. That way they can help and support you as much as possible. If they are not supportive you have an important decision to make. And that’s all I have to say about that.
16. Read Read as much as you can about business ideas, successful companies, leaders, and entrepreneurs. This is the greatest entrepreneurial hack there is. Learn all you can from others who you admire and want to emulate. Read about how other Founders did what they did. There is no end to what you can learn from others. Read books, online articles, and blogs. Listen to podcasts and audiobooks as you commute. Drink that knowledge in. Create your own curriculum. And give yourself your own, self-directed advanced degree. You can even walk across your own stage and hand yourself an official-looking piece of paper. That would be weird. But you could do it.
17. Grow Your LinkedIn Connections. LinkedIn offers the best measure of your network. Create a profile if you haven’t already. Become an active user. Add everyone you meet to your LinkedIn profile by sending a custom invitation reminding them of how you know them or why you want to connect. This will become ground zero for raising your profile and staying in touch with your broader network and the opportunities they bring. Like, comment, and share content from other people. Make people who don’t know you curious about who you are. Insider Tip: LinkedIn offers an audio icon next to your name that let’s you share how your name is pronounced. Click on mine to see how it works.
18. Learn As Much As You Can About The Business You Are In Now. While you are still employed by someone else, take advantage of the experts in the organization. Learn from the finance or accounting teams. Talk to HR about how benefits, recruiting, and reviews work. Talk to sales about how they generate leads and close deals. Talk to operations about what makes them such smooth operators. Talk to IT about, well, IT. You can learn about all of the things you are going to need to know as an entrepreneur while in your current job. Think of it like studying. Your coworkers will love your interest in their work. And they will be flattered when you start your own business and credit them as your sliver mentor in their specialty. You’ll also know who would be a good resource to hire after your non-compete clause expires.
19. Write down your plans. It’s one thing to think about starting a business. It’s another to write down a plan to make it happen. Once you have a vision for your dream business, write it down. The more details the better. That written plan becomes your blueprint to build it for real. I followed the written plan approach from The E-Myth, and it gave me great structure and clarity around what I was creating. Do this too. Also carry notebooks. Not only are they great for capturing spontaneous ideas, but if you get shot in the notebook, it just may save your life.
My great client-friend Nicole Hallada was one of the first people I told about The Weaponry.
20. Talk To Former Clients About Your Plans. Your best prospective future clients are your past clients. When I launched The Weaponry I discussed my plans with several former clients. Within the first week of discussions I had 5 clients tell me that if I created a business they would send work our way. That confidence, interest, and demand in my offering made it much easier to jump. 4 out of those 5 former clients became future clients. The other one is living with constant regret. Right Chad?
Key Takeaway
Starting your own business in the middle of your career can sound intimidating. But the more you know, the easier it is. You can do it. Utilize the knowledge of those who have gone before you. Most of it is easier than it seems. With the tips above (that I wish I knew when I was starting out) you will be able to start taking steps today. Then simply never stop. If you need a Mentorpreneur, just reach out to me through Linkedin. Tell me I sent you.
*If you know someone who wants to start their own business and could benefit from this message, please share it with them.
If you are like most people you have fantasized about owning your own business. It is an easy thing to fantasize about. Being an entrepreneur has many benefits. It’s an exciting challenge. It offers professional freedom and the potential for great income. Plus, it’s a really great way to finally learn how to spell the word entrepreneur. (The e always comes first.) But for most people, the hardest part is actually knowing what kind of business to start.
Here is a simple suggestion from a mid-career entrepreneur.
Think of products or services that you wish existed. Then create a business that delivers them.
Your business doesn’t have to be massive. It doesn’t have to change the world, go public or someday sell for a billion dollars. If those are your criteria you will likely never start anything. Instead, simply offer products or services that you would like to have for yourself.
I started a t-shirt business several years ago called Adam & Sleeve because I had humorous t-shirt design ideas that I wanted for myself. But when other people saw the designs, they wanted the t-shirts too. So I made enough shirts to sell to other people, which meant that I could get the shirt I wanted for free.
In 2015 I was ready for a job change. So I started talking to a number of advertising agencies about potentially joining their team. But I didn’t find the right combination of culture, clients, and opportunity. So I decided to create what I was looking for. And clients liked the idea too. After months of taking on night and weekend projects, the demand kept swelling. (Like my face after a bee sting.) So I officially launched The Weaponry, an advertising and ideas agency in April of 2016.
My friend Dan Richards started his business, Global Rescue, a worldwide field rescue service, after hoping that the business already existed. When he discovered that it didn’t, he decided it needed to, so he created it himself.
Today, I think about businesses that I wish existed all the time. In fact, my son Johann and I are in the process of launching a used piano business. But I also wish we had a local shoeshine that also cleaned sneakers. And I want a Flip Flop Ambulance that I can call when I’ve blown out a flip flop, or stepped on a pop-top. And maybe a business that came to clean out the bottom of your grill for you. (I would call that Grillax.)
Key Takeaway
Keep your antennae tuned to those things you wished existed. Businesses exist to fill a need. And if you have found a need that isn’t being met, you have found a space for a new business opportunity.
*If you know someone who could benefit from this message, please share it with them.
There are 2 main reasons that people want to hear you tell your story.
You have experienced success and others want to hear how you did it.
You have failed in a spectacular way and people want to hear how you did it.
I’m not sure which category I fall into.
But I was recently invited to sit down with the great Justin Honaman to record an episode of his ContenderCast Podcast. Justin interviews entrepreneurs and people doing interesting thangs. I either qualified or found a useful loophole.
Like you, I was not born an entrepreneur. In fact, I spent 19 years working for someone else. But in my early 40s, with a significant mortgage, 3 kids and a wife that I really wanted to keep, I switched from Team Employee to Team Entrepreneur when I launched the advertising and ideas agency, The Weaponry.
When I started the agency I also started writing the Adam Albrecht blog, which now has 775 published posts. Most recently, I published my first book called What Does Your Fortune Cookie Say? Did I mention I also juggle? (And jiggle.)
If you want to hear more, check out the podcast. I share my backstory that led to my front-story. I talk about a lot of different stuff. And Justin asks great questions.
Things I talk about on the podcast:
Growing up in Vermont
My track & field success, setbacks and comebacks
My college track & field experience at the University of Wisconsin
My advertising career
My real-life advanced degree in business
How the universe turned me into a mid-career entrepreneur
How you can become a mid-career entrepreneur
Launching The Weaponry, the advertising and idea agency
The inspiration behind the name The Weaponry
The technology we used that made us pandemic proof
Sharing financial information with our team
The No A-Hole Rule
How and why I started the Adam Albrecht Blog.
Why blogs are amazing platforms for sharing ideas
Recognizing the power of positive messages
How I wrote My new book What Does Your Fortune Cookie Say?
My next book on organizational culture with Jeff Hilimire
If you’ve read this far you might as well just listen to the whole podcast
How to continuously upgrade your thinking
Why I collect keys
The first thing I do every morning
The 2 questions my wife uses to inspire my career progress.
On the eve of my 40th birthday, I sat down and wrote about the things I was most proud of from my first 4 decades on The Big Blue Marble. It was a fun process. I thought about my family and friends. I thought about my wins. My adventures. My career successes. I thought about that time I petted a hummingbird in the wild. (I have now done that twice!) And I thought about how I was creating a better person every day. (Not in a Mary Shelley kind of way)
Then I shifted my focus to my unfinished business. I asked myself this very simple question.
If you died tomorrow what would you most regret not doing?
-39.99 year-old Adam Albrecht
The first and most obvious answer was that I had not tried to start my own advertising agency. So I put that at the top of my list. And I got to work on a plan to avoid that regret. The more I thought about it the more real the plan became. I was like Joaquin Phoenix in the movie Her. Or maybe like the dudes in Weird Science bringing their project to life.
To start your own business you need the support of your family. A couple of mums and pumpkins don’t hurt.
Go Time!
When I was 42 years old, I did it. I launched the advertising and ideas agency The Weaponry.
That was 6 years ago today!
Simply trying to start my own agency would have eliminated the regret. Because I put a premium on simply trying. It was the not-trying that I knew would have bothered me most when things started heating up at the crematorium. It’s a major bonus that things have worked out and that The Weaponry is thriving 6 years later. Plus, most businesses don’t last past 5 years. And I never wanted to be like most people. Except maybe Johnny Most. (Bird Steals The Ball!)
Just keep swimming!
Earning and Learning
I have learned a lot from starting my own business. And fortunately, when I started planning the business I also created this blog to share what I was learning along the way. (Cue Dana Carvey’s Church Lady saying ‘Well isn’t that special!’)
6 Things I Have Learned About Business.
`1. Every year in business is a success in itself. Leadership’s primary responsibility is to keep the business in business forever. Each anniversary is proof that we are doing our jobs. Just like we should be thankful for each day on top of the topsoil, having your doors open is a success. Although today businesses don’t even need doors. Kinda like a Jeep Wranger in summer.
2. You have to keep looking for ways to improve. I am always thinking about the gap between the ideal version of The Weaponry and who we are today. So the mission becomes to continuously work on closing that gap. We meet every Friday to talk about ways to improve our processes and strengthen our weaknesses. You have to call that stuff out into the light in order to be able to address it, work on it and improve it. Fall in love with that process and you’ll fall in love with business. Kinda like Lee Majors in that TV show where he was the stuntman.
3. You need great people. Our team is amazing. We are loaded with nice people who like to collaborate to get great team results. We take a lot of pride in doing what we said we would do. Our team members love to solve problems for our clients. The team is quick and productive. They are great at accumulating knowledge and applying that knowledge to create more and more value for our clients. They are smart people who are really enjoyable to be around. Recruiting and working with a great team has been one of the greatest rewards of the past 6 years.
4. You have to keep adding new clients. Like Lucille in that Kenny Rogers song, a client could leave you at any time. The decision-makers could quit, get pushed out, die or simply change their minds at any moment. So you have to always be growing your business with new clients because you can’t protect yourself from all client attrition through hard work, great ideas and excellent customer service alone. Plus, you need to create a diverse portfolio of clients to protect against shifts in markets, dry spells, spending cuts, or making a client so wildly successful that they no longer need to do anything to help their business thrive.
5. You have to have fun. Fun comes in a lot of different forms. And I love to have fun in everything I do. Including business. Here are just some of the things I find fun at The Weaponry.
Learning new things.
Game Planning
Problem Solving
Meeting New People
Sending out job offers with a lot of funny non-traditional language.
Saying silly things in meetings.
Making clients smile and laugh
Storytelling
Travel
Typing funny comments into the chat during Zoom meetings
Creating new stuff
Getting new swag
Eating lunch together
Winning new business
Helping our clients grow
Wowing our clients
Putting on a show
Receiving compliments for a job well done.
Being told we are fun
Baking humor into our setup slides.
The humorous final slides of our presentation.
We love to laugh. Like that song in Mary Poppins.
6. You have to be paranoid that the business will collapse. I am never comfortable with our success. I am afraid that if we are not careful everything we have been doing and building will go away. You can’t ignore the opportunities to get better. You can’t let things slide. Just like you should try to win over your spouse again every day, you have to be concerned that things could go bad with your clients if you take your eye off the ballpoint. And if you worry enough, and do something about it, the bad things will never happen.
Key Takeaway
A great business is simply a collection of great people running great processes, contributing great value to customers, having fun, and worrying that it will all end if they are not careful. I am extremely thankful for all of our Weapons, our great clients, and our partners who work as a trusted extension of our team. Here’s to 6 fun years. Let’s keep this thing going forever.
*If you know someone who could benefit from this message, please share it with them.
In 2016, after having been an employee of three successful companies for 19 years, I became an entrepreneur. I left behind the predictable employment, the benefits, the 401(k) and the Free Lunch Fridays.
I pushed all my chips to the center of the table and bet on myself when I launched the advertising and idea agency, The Weaponry.(The chip reference was supposed to be a poker thing. Not a potato chip thing. #JustClarifying)
Me and a wall at The Weaponry.
But when I left my job as the Executive Vice President and Executive Creative Director of the largest advertising agency in Atlanta to start my own business it never seemed crazy to me. Because I knew a lot of other people who had started successful businesses. They seemed a lot like me. And they all looked like they were fed, sheltered and clothed. (Wait, yep, they were definitely clothed.)
My man Troy Allen started a design agency before starting the wildly successful Rise Brands.
I knew a bloggle of bloggers before I launched this blog.
I knew a stockyard of people who invested in stocks before I bought stocks.
I knew a neighborhood worth of people who owned rental property before I properly rented my property.
Writing my own book didn’t seem hard. Not even the hardcover.
Always Remember:
You Are Becoming More Like The People You Spend Your Time With.
Your peer group is your mirror group. To upgrade your likelihood of success upgrade your friends. Surround yourself with doers and diders. It creates positive peer pressure that pushes you to do better, more impressive things. The Joneses I know are badasses. And I want to keep up with all they are accomplishing. (Shout out to Bryan, Jill, Adam, Patti, Garrett, Kristen, Sharon, Courtney, Arnita and Rachel! Sorry you guys didn’t make it into that new truck commercial.)
My college teammate Bryan Jones is hard to keep up with, but I am trying.
Key Takeaway
Your friends are your on-ramp to success. Surround yourself with others who have already done the next big thing you want to do. It decreases the perceived degree of difficulty. It increases the odds of you successfully completing the same challenge. And the more successful your peers are the more insight they offer to all you can accomplish in your lifetime.
*If you know someone who could benefit from this message, please share it with them.
At the end of a gym workout recently my son Magnus asked if we could go sit in the hot tub. I said yes, and we made our way to the pool area. When we got to the hot tub there was one other guy already in it. After we settled into the water I greeted the guy, who was staring out the window, and we began to speak. (Which is also how the song The Gambler starts.)
As the conversation proceeded I asked him where he was from and what he does for work. He shared that he grew up near Mequon, Wisconsin, the town north of Milwaukee where we both live. And when he is not hot tubbing, he works at a nice job for a good company.
Then he asked me where I was from (Vermont), where I went to school (The University of Wisconsin), and what I do for work. I told him I owned my own business. I started my own advertising and ideas agency called The Weaponry.
My pruney new hot tub friend told me The Weaponry was a cool name for an ad agency. Then he revealed to me with great resignation, ‘I always wanted to start my own business. But now I am too old.’
I asked, ‘How old are you?’
He answered, ‘I am 37.’
I shot back, ‘F**k you. I was 42 when I started The Weaponry. This is a great time to start a business. And a great time to stop making excuses.’
(I should also mention that my son Magnus was cooling off in the swimming pool at that time. So he didn’t get hit with f-shrapnel when I dropped my f-bomb.)
“It is never too late to be what you might have been.”
― George Eliot
Key Takeaway
If there is something you’ve always wanted to do, then do it. Do the things the kid version or young adult version of you wanted to do. You are not too old. It’s not too late. It’s time to get going. Now you have 2 weeks to plan the great thing you are going to start doing with your life in 2022.
*If you know someone who could benefit from this message, please share it with them.
The world is full of possibilities. There is no shortage of problems to solve and great new things to introduce. If you have an entrepreneurial mind you will find a never-ending parade of opportunities to convert into businesses.
This is a problem.
The infinite opportunities you see distract you from the one business you should start. Or should continue building.
Ideally, you should look for opportunities until you find one great one that fits you. Then you should wear blinders and block out all other possibilities. The same way you should scout for a mate until you find one. Then you should NOT scout for a mate anymore.
If you want to grow a gigantic pumpkin you start with a gigantic seed. Then, when the plant starts to grow, you snip off all the blossoms but one. That way all of the energy, nutrients and focus of the plant go into growing one huge fruit. Although if you can find seeds to grow just the pumpkin spice, do that. Pumpkin spice is where the real money is.
When I started The Weaponry, my advertising and idea agency, I became obsessed with it. I put all my energy into it. Which forced the business to grow. I have had a million other business ideas since then. I detail the ideas in my notebooks. But my focus remains on the one business I am committed to growing.
You need to do the same thing.
Find your giant seed. Plant it in good soil. Fertilize it with your energy. Water it with enough cash to keep it hydrated. Shine your light on it. And make sure to snip off all but one blossom to maximize your focus and growth.
Key Takeaway
To maximize your chances of creating a wildly successful business, find one opportunity and go all in on it. Don’t dabble. Don’t sample. Don’t put 1% into 100 things. Put 100% into one thing. Until it soars. Then you can sell it, or have someone else run it for you. At that point, go find another opportunity to make fly.
*If you know someone who could benefit from this message, please share it with them.
Adam Albrecht Blog 