The chronicles of a runner’s pursuit in business can be interesting to examine. There is the sprinter who catapults to the finish line just seconds after the shotgun blasts. The 800 meter runner must strike a delicate balance between endurance and speed. And finally the distance runner utilizes the power of the mind to stay in it for the long haul.
I’d never be able to find the strength needed to speed through the shorter distances. And I find the 800’s combination of speed and endurance to be downright excruciating. Even though I’ve always been a distance runner, in school I wasn’t even good at the longest distance (3 miles), often coming in towards the back of the pack. It wasn’t until I was a young adult that I realized those distances were too safe for me. I needed the real distance of marathons.
It seems that going the distance has been my motto with everything in life, especially business. Just like there are many types of runners, there are also many styles of entrepreneurship. I’m not saying that one is better than another; it’s just interesting to compare and contrast the different types.
The speed racer tackles business — setting it up at breakneck speed, powering through like a maniac to ensure its success and selling it in just a few years. The middle distance entrepreneur combines a healthy mix of qualities that protect them from getting too sidetracked, letting a strong vision map an uncomplicated course.
And now we arrive at the qualities of the endurance entrepreneur. While some may admire us, I can admit there is a hint of pathetic quality to being endurance-minded. We’re faulted for letting our analytical side take over too often, miring in the details, strategizing every opportunity or challenge that presents itself.
But our strength is that we are trustworthy. Most of us are in it for the long haul because we have a love for what we do and whom we service. We won’t leave the cause for the shiny new thing. We are with you until the bitter end. But we tend to grow slowly because our love for the work lets us get a little too wrapped up into the business of the day.
However, loving what you do makes it easier for people to buy into our business. Clients, investors and staff can sense how you’ve made your work an integral part of your life and are more willing to put their hearts and heads with yours.
If you want to operate a marathon-style business, an interesting way to psyche yourself up is considering the race itself. Match your growth as if you’re attempting to get through 26 miles of straight running.
My thoughts on marathon mileage are really straight forward. Breaking the full 26. 2 miles into chunks makes the unfathomable distance much more approachable. Here is how I do it:
This is the most important part! You couldn’t even consider lacing up your shoes on race day without the grueling training runs that eat up half your weekend. But the little things can be just as important, like breaking in the right shoes and selecting the most uplifting playlist. Without all of this there is no race to be had.
How does this relate to business? The preparation is done through building upon the experiences you’ve already had, tapping into resources and mentors along the way. Other details like studying the competition or investigating loan options can help set the tone of your overall direction.
Forget about these. They don’t count. Your race preparations have made it so you’re not even breaking a sweat. The marathon doesn’t even begin until you’ve finished these piddly miles.
How does this relate to business? Writing off the early stages offers you the kind of bold attitude necessary for risk taking. View early failures as mini successes because you’ll get the important lessons over with.
Looking back, I don’t know that we took many risks in the beginning. Maybe we were too safe? It seems that we just continued to practice what we were good at, like a slow steady turtle, faithfully shuffling on. But when I am faced with difficult decisions now, I only have to remember the biggest risk of all (when Mike quit his digital marketing gig to join Veracity full time) and everything else pales in comparison. I’m glad we got that out of the way when it “didn’t count.”
This is your warm up.
How does this relate to business? This blog post was inspired by our move into our very first office. As we signed the lease I chuckled as I recognized this next phase in our business. It wasn’t that we were spending money on a lease that was important. Having our name on the door meant something. Experiencing the new-found energy bubbling up in our new space I realized we had only just begun. We were at mile 7.
It’s preferable to go into “turn off” mode, go through the motions and meditate into your body, your music, your breathing — lean into the relaxing state of the running.
How does this relate to business? Since we haven’t been here yet I can only guess that this is when you would get into the flow of your business. Your warm up helped work the kinks out so you can build a steady foundation to hold future growth. Be happy, you’ve hit your stride!
WOW! Before you knew it you were half way done. Way to go! Party Time!
How does this relate to business? While most of us don’t know our business’ true half way points, this is a healthy reminder to keep track of goals along the way. Every time I review our business plan and see that we’re on track I feel a sense of relief and pride.
Things are starting to get serious, especially in the Portland Marathon where we are greeted with the grueling hill of the St. John’s Bridge. We know that this is where the true willpower kicks in, serving as a testament to our strength. We must push through and meet the other side of the miles.
How does this relate to business? Again, new territory here but I’d imagine as businesses grow their challenges increases. As you’re trudging up that hill don’t lose sight of the original dedication and vision that brought you here.
We’re told not to train too far past mile 20 so we don’t know what pain there is to come. We don’t focus on what happens past mile 20 knowing we just have to get there first to find out. Hopefully we have planned ahead and organized some cheerleaders to push us through these mile points.
How does this relate to business? Possibly here is where the support of a solid team comes into play the most. You truly can’t go it alone, even in a solo sport, and when you’re at your breaking point sometimes the only thing that will keep you going is a helping hand.
What happens here is as much up to fate as it is about your mindset and willingness to go the distance. They tell us not to train too far past mile 20 so we stay injury free. But I believe there is some notion of keeping your mind open and not too scared of this final length.
How does this relate to business? This might be a good point to remember the ever-changing landscapes we are presented with. Competitors rise up, technology disrupts our marketplace and more. Rather than fretting about this ahead of time, roll with the punches and adapt to change.
This part separates the women from the girls. Some girls cry, limp off the course, and call their Daddies for pick up. But the women persevere. We might be dragging our bleeding, leaden feet behind us but we are going to make it through the finish line even if we have to crawl. We know our Dads are already at the finish line waiting to pick us up — they’d rather not rescue us from the middle of our disaster.
How does this relate to business? This is where the rubber meets the road. You’ve made it this far. Don’t throw in the towel too early. The finish line is around the corner.
Thank God! We are almost there! Who thought of this insane amount of mileage anyway?
How does this relate to business? When we feel proud to review the legacy we’ve left behind we’ll know we’ve reached the ending point and are excited to see what’s on the other side.
The last .2:
Really!?! Is this necessary. This pure torture.
How does this relate to business? It may be torture for some of us to give up something we’ve worked so hard on, almost like another child or another part of us, but we know it’s best for us and everyone involved. As we unlace those shoes and store them away for safe keeping, we open a different door, questionably looking at the new equipment inside — golf clubs, art supplies or a new baby blanket.
At the end of the day we’re all just pounding the pavement.
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An attendee of a presentation I gave emailed me the following:
Do you think this [HARO] is an effective means of getting known? Do most of your customers write their own responses or do you help them with this? I guess my question stems from a concern around capacity and the best use of scarce resources (me).
This is my basic response, with some added commentary:
I think it depends on the business and the value of the publication/website.
You have to start asking yourself some questions:
- Is it something your target customer reads?
- Will the story be relevant to your company or industry?
- Does the website have “authority” in your industry or target markets/verticals?
- What is the likelihood of a story running and if it does, will I get a link as well?
If the answer is yes to the above, it can be effective, but you also have to consider your time and resources as you mentioned. Sometimes you can edit content that you have already created to fit with specific results. Sometimes you have to create something new. If you are developing content already for editorial calendars, bylined articles, blog posts, social media, etc. often times a lot of the work is already done.
The other factor is the SEO value that can be gained by being included in stories like these…links for relevant “news” sites are very valuable.
With our clients, we tend to find, vet and create the responses for them, with their input of course as they typically have more expertise in their industry that we do.
Using the example he sent, we’d probably have a short conversation/interview with him and then write a response – assuming it was an outlet we deemed valuable. Of course it depends on the level of engagement.
Regarding this specific opportunity.
Here is what I advised him to do:
- Determine if he can come up with a good answer to the question in a timely fashion (do you have time). If no, drop it. If yes…⇒
- Look at the website (which is usually in the HARO post and if it is not a quick search of the requesting reporter should give you an idea). Is it relevant to your market and/or potential clients. If not drop it. If yes…⇒
- Write a response (make sure to follow any specific direction and include a link to your website) and email it to him.
- Note that attachments do not get passed forward when you respond through HARO.
- If he does use your response, check to make sure you are quoted correctly and that he included a link (if he didn’t ask for one).
In summary, HARO can be an effective marketing tool, but there is also a lot of junk. So make sure you are going to reach a target audience in a quality outlet before putting forth too much effort.
If you read the blog post about how we decided to change the company name to Veracity, you might have noticed that I’m a bit of a Hemingway freak. In the post I mentioned that I would explore how themes of luck and discipline, which are consistently used in his memoire “A Moveable Feast,” relate to the making of a marketing business.
Basically I just liked what he said about how the two related to writing and I was trying to cram it into the original post and it wasn’t working. I had to focus on the point I was trying to make, which was that the message about true and honest writing was important and related to us and was how the name Veracity emerged.
I came up with the name Veracity in a café of sorts in our neighborhood, close to our home and work, where I must have been having good luck. Which is fitting because Hemingway often notes that he found luck at various times throughout his work day—especially while writing at certain Parisian cafes.
Beyond superstitious luck, like how he carried a rabbit’s foot in his pocket while working, he writes mostly about the luck that we have all tried to experience while working at coffee shops. This luck is all about flow. The music is at the right volume, the neighbors are not noisy, the chairs are comfortable and the coffee is good—you are able to work well without distraction.
But unfortunately it doesn’t always go this way. Hemingway comically recounts what distractions can do to creatives on page 91:
Some days it went so well that you could make the country so that you could walk into it through the timber to come out into the clearing and work up onto the high ground and see the hills beyond the arm of the lake….[the paragraph goes on to set the scene of what he’s writing about].
Then you would hear someone say, ‘Hi Hem. What are you trying to do? Write in a café?’
Your luck had run out and you shut the notebook. This was the worst thing that could happen. If you could keep your temper it would be better but I was not good at keeping mine then and said, ‘You rotten son of a bitch what are you doing in here…?’
I’m sure we have all too often experienced this, but hopefully we were more polite. When we serendipitously bypass the distracting coffee shop to settle in at a quiet café, is it pure luck? Or if we happen to take off our headphones just in time to overhear the coffee shop owner talking of needing someone to market her expansion, is that pure luck?
Of course not. We walked into the coffee shop already prepared. Consider how Hemingway’s themes of discipline come into play in the second chapter.
When I had worked well, and that needed luck as well as discipline, [it] was a wonderful feeling and I was free to walk anywhere in Paris.
I always worked until I had something done and I always stopped when I knew what was going to happen next. That way I could be sure of going on the next day.
Attempting to get a marketing company off the ground is definitely not the same as writing masterpieces, but I just love how he described his major artistic endeavors like just another day at work. He worked hard at it, just as we all should work hard at our jobs, and we can learn from his example.
This last quote of Hemingway’s, said to his wife after a successful stint at the race track, just about sums up how a mixture of good luck and steadfast tenacity can come into play in all of our professional lives, whether you are a writer, NBA player or launching a marketing company.
‘You said we were lucky today. Of course we were. But we had very good advice and information.” (pg. 56)
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While deciding if marketing was right for me, I become a realtor for 4 years. Every day I thank myself for taking the leap into a career that I knew nothing about. Even though it led me to recognize marketing as my true path, my time spent as a realtor shaped how I run my business today. I didn’t know it at the time, but realtors are truly business owners, with the most professional and disciplined amassing a worth that typical “business owners” could only dream of.
How Being a Realtor Shaped the Way I do Business Today:
- Have thick skin. You will get burned (by everyone!). Be careful not to celebrate before signing the contract (or literally closing escrow in the case of a realtor). Also don’t take things too personally. It’s just business.
- Use detailed language in contracts and proposals. But not too detailed from a legal standpoint. 🙂 This is the point that led me to writing this blog post. I recently felt very (probably overly) adept at writing a proposal for a law firm—like I could protect myself and play with the big boys.
- Connect with people. What other people say and do is our greatest source of inspiration when attempting to market something. They also bring us all of our business. Get out and about!
- Pick up the phone. While email has its purpose, you really cannot effectively communicate complexities in text.
- Weather the storm. Imagine selling homes during the housing boom. Many people jumped on the bandwagon and got their real estate licenses. Imagine selling homes during the economic depression. This takes a certain kind of tenacity and skill that few realtors, or other professionals for that matter, have.
My point is that you never know where your professional path may take you. What might seem like an odd tangent, or even bump in the road, will probably serve as inspiration for you in another professional lifetime.