We can maintain the most accurate schedules, but ultimately, we never know what unforeseen problems life will throw our way on any particular day. Though being a CEO puts me in a position to have other levels of management extinguish most fires, the major disasters require personal intervention.
I actually enjoy a good challenge. Sure, money is a great motivator when it comes to resolution, but there is something about the fire in the belly, the drive propelled by business obstacles that draws me to these events. So much of business is second nature to me now, a challenge is actually fun. When I look back on my career, I recall opportunities…some, which I created, and others I recognized and seized. Of course there were always challenges along the way. Unfortunately, a few years back there was a set of related catastrophes so overwhelming that it shook me to the core. Yes, they concerned me, puzzled me, gave me countless sleepless nights…but they never broke me. I was determined they would not shatter the dreams I was building into a rewarding reality. By rewarding, I mean much more than profitable. I have been able to do what I love, with people who I appreciate, respect and share my vision. Money made and continues to make many things possible. But in the words of William Henry Channing I wanted “….to be worthy, not respectable; and wealthy, not rich; prosperous not superior…, three goals in life that will never be attained without principle or compassion.
However, I quickly realized that this particular chain of events would change my life forever.
Now let me say, I rarely find myself in the middle of anything I haven’t anticipated. I make it a point to know what may be coming my way. This set of horrendous circumstances, however, really did arrive out of the blue. As I stated earlier in this piece, I love a good fiasco. Usually, I enjoy the amalgamation of creative thinking, logic and collaboration that results in a resolution that is satisfactory to all concerned. This disaster was very different. My opponent was the ADA of a bordering state. If you haven’t figured it out by now (especially if you noticed the countless election ads recently shoved down our throats via mail, telephone, TV and internet), having or seeking a formidable title does not guarantee integrity. In my opinion, the individuals whom I was forced to deal with conducted themselves under the pretext of practicing justified prosecutorial law to conceal the slander they fabricated to advance their own careers. Every attempt to seek a corroborated truth on my part resulted in another door being slammed in my face. Days turned into weeks; weeks into months and months into years. Occasionally there were glimpses of light, but hope was usually short-lived.
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Naturally, there is much more to this story. It is my goal to recount it in a full, accurate and substantiated book, which I will to publish in 2015. My goal in sharing what I have discussed today is simply to advise you that calling yourself an entrepreneur requires more than innovative thinking and an adventurous spirit. Being an entrepreneur immediately transforms you to a guardian of sorts. You gave birth to an idea, which led to a business. Now you must be the sovereign protector of all who depend on you…from the loyal administrative assistant who has served you for years, to the brilliant young designer you hired last month. There may be times you’ll have to walk through hell to do it, but you must. Your company deserves it, your employers and shareholders deserve it and your good name deserves it.
If you take away any advice from this post let it be these admonitions:
- Even though you take every precaution to operate within the parameters of the law, those charged with administering the law are not necessarily pillars of integrity
- Dishonesty is an equal opportunity destroyer, particularly when fueled by ambition
- Truth, transparency and a clear conscience may not help you when people are serving their own ego and aspirations
- Just remember…if your grit is greater…if your fight is fiercer …if your principle prevails…you will eventually win.
When I started my first company 31 years ago (yes – I was 18 years old) I thought being an entrepreneur was about getting financially rich. I started with nothing (actually $102) and turned that into millions of dollars and industry accolades.
The “rich” I feel today is deeper than the money that comes – then goes – and comes back again. Determination, which is realized in obtained results, especially when overcoming great odds, provides a greater feeling of wealth then flying first class or driving a race car. What a higher high? Forgive those that “try” to hurt you. Success is good revenge, but forgiving them (yes you ADA) is the best of all!
Recently I was asked if I could rewrite the past 3 years what would I do differently. My response? I cannot do that and do not know if I would. What I learned has made me a better entrepreneur and man. So not only do I forgive you Mr. ADA, I thank you. You tested my entrepreneurial spirit and helped me realize true wealth, which is internal self-realization. Oh and yes…I will be back in first-class soon and back on the track in my race car. This time it will be fun on many levels.
Edward DuCoin #20
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