entrepreneurship, sleep

My Year of Hopefulness – Sleep

There was one take-away from the Stanford University panel “The Global Leadership and Talent Equation” that is so powerful and simple that it deserves its own post. Eric Benhamou, Chairman and CEO, Benhamou Global Ventures, is a seasoned veteran who has started, run, and sold many businesses during his long and distinguished career. The final moderated question of the panel asked what is one piece of advice that the panelists had for every aspiring entrepreneur. Eric’s answer: sleep. The audience laughed at this answer. Of all the things we need to do and should do as entrepreneurs, Eric recommended “sleep”? In all seriousness, yes.

Eloquently, he made his case without cracking a smile. Eric describes Silicon Valley as a chronically sleep deprived area of the world. With so much to do and learn, there is hardly time to slow down. Yes, Eric argues that in order to keep going, we have to slow down. He discussed how a lack of sleep depresses the immune system and makes clear, decisive decision making nearly impossible. Sleep helps us to reason through difficult problems; it gives our minds time to dream.

In addition to sleep, the idea of pure down time is critical to staying at the very top of our game. Downtime can take the form of a hobby, socializing, running, or meditating. I also think that there’s something to be said for getting some time out in the fresh air every day, unplugged from any kind of electronic device, off of concrete. When I was in San Francisco, I found myself lifted from a funk I have been in for a while. As I was walking through a park, I recognized the cause of my funk — I needed to see some greenery, something that symbolized life. In New York it’s grown pretty gray and we’ve been dealing with the tail-end of a cold winter. We all need a little sunshine, a little warmth, and a little green in order to keep our spirits up.

Entrepreneurs, take yourself for a walk and get some shut-eye. You’re going to need it.

leadership

My Year of Hopefulness – Leadership

I have been thinking about leadership a lot this in the past week. I’ve been wondering what so many business leaders are saying behind closed door to their teams, knowing that the market is beating them up, morale is down, and anxiety is rampant. This is the pinnacle moment that every leader trains for – if ever there was time to manage through crisis and show grace under pressure, this is it.

I will go so far as to say that organizations who have senior leaders that can manage the current situation with grace and keep their teams motivated, involved, and supporting one another, will survive to fight another day. Those with leaders that lack bravery in these frightening times may not be so lucky.

Everyone knows it’s bad out there. Even if someone doesn’t want to discuss it, they know this market is as tough as they come. Once thing I can’t stand is to have someone telling the public something they already know as if it’s some great revelation. I don’t need politicians, CEOs, or finance gurus telling me how bad it is. I get it – I read the paper and I watch the news.

What would be immensely valuable to me, and what a select few like Jeff Bezos, are providing is a plan on how they will steer their organizations in this environment. I don’t want to hear anyone of power saying that they don’t know what to do in this market and that they are in uncharted waters. If that’s the case, then please step aside and let someone with vision take the reigns. I have no desire to sympathize with confused leaders. They’ve been pontificating on leadership for years – at conferences, in books, during interviews. Now in the moment of truth – this could be their finest moment. Leaders, are you up to the challenge?

entrepreneurship, Stanford

The Global Leadership and Talent Equation in a Start-up World

With extra time in the Bay Area, some people go to a spa, take a yoga class, and spend time outside in the many beautiful parks. I love spending time in all those ways. With my recent extra time in the Bay Area, I went to a Stanford event on entrepreneurship. (My nerdiness never ceases to amaze even me!) On Monday evening Stanford hosted a panel discussion entitled “Solving the Global Leadership and Talent Equation.” 4 panelists based in Silicon Valley, Eric Benhamou, Chairman and CEO, Benhamou Global Ventures, David Chao, Co-Founder and General Partner, DCM, Kyung Yoon, CEO, Talent Age Associates, and Michael Zhao, CEO and President, Array Networks, spoke candidly about building teams within global start-ups. Immensely talented and skilled, these panelists offered advice and shared their missteps and triumphs in building teams. For the full article, please visit: http://www.examiner.com/x-2901-NY-Business-Strategies-Examiner~y2009m2d24-Stanford-University-panel-The-Global-Leadership-and-Talent-Equation