Author: John Maddox

Until recently, employees with a great idea to solve an industry problem often were faced with having to leave their job to bootstrap a startup. While being experts in their field, most have never built a business from scratch, and get overwhelmed with all the hats required to grow a startup.

Enter Intrapreneurship

Thankfully, as acceptance of technology has grown, not to mention how quickly pivots need to be made, many corporations are starting to latch onto the concept of “intrapreneurship”. Helping their employees take an idea from start to finish and turn into a profitable business extension. This enables vital expertise and vision to be coupled with funding, potential clients, mentorship, and a plethora of other opportunities which make bootstrapped startup founders green with envy.

Now why is intrapreneurship so vital to company growth and longevity?

Well, it’s pretty simple actually. As a business leader, you become consumed with time imperative decisions, negotiations, client demands and managing day to day activities. You have hired employees to handle day to day operations and removed the need to focus on individual tasks. Therefore the ability to identify easier and better ways to operate is often removed, and basic logic supports the argument that they will be the ones to find superior ways to improve productivity.

Without leveraging the imagination, professional experience, entrepreneurial fire and ambition to grow beyond just being a cog in the business wheel, as the demand for new business solutions to be developed, tested and implemented grows, those leaders who do not utilized their assets in this manner are destined to be left behind.

Call To Intrapreneurial Action

Acceptance of this reality by business leaders has led to a plethora of improvements, new companies and significant advancements in both technology and normal human existence. However, it ultimately falls upon those with ideas to strap on the entrepreneurial spirit, take the time to define their idea with logic not emotion, and approach leaders inside the company with confidence about how their idea can provide competitive advantage and ROI.

So consider this a call to action for both business executives and those with great ideas coupled with true ambition. Open your minds to the opportunities staring you in the face on both sides. Reward ambition. Subjugate ego. Make a difference. Outthink the competition together. The sky’s the limit!

The ability to lead is forged in the fire of failure. 

Try saying that fast three times.

We’ve all heard sayings like that and most of us, just as I did in my early days as an entrepreneur, rebut them with things like “I will learn from their mistakes” and “I will see things like X coming”.

While it’s true you can learn from the past mistakes of others, and if you’re paying attention can anticipate many issues, there will always be things that happen outside your bubble of control. How you respond to them is what enables you to achieve success, and ultimately what forges a real leader.

But What Is Failure?

Failures, repeated failures, are finger posts on the road to achievement. One fails forward toward success. – C. S. Lewis

It’s often viewed as closing the doors to your business, or for startups not getting backed by investors. Are those “big” failures? Of course they are and there is plenty you can learn from them, but in reality we fail at things on a daily basis. Not closing a deal, messing up a relationship, not doing our best and coming in second. The list of “micro-failures” could go on and on, but micro or macro, they are still failures we can learn from.

It’s important that we learn from these and don’t just wait for a big one that requires massive emotional upheaval to force change. To that end I’d like to address a two examples of personal failure, one micro and one macro and what I’ve learned from them.

Failure To Communicate

My great concern is not whether you have failed, but whether you are content with your failure. – Abraham Lincoln

This is one of my greatest failures. Which is ironic given that I am a public speaker, have been very successful in business development, grown multiple companies, employed over 100 people, and the ability to connect is one of my greatest strengths.

However, responding to requests promptly is by far my biggest flaw. Whether it be email, phone calls, texts. Sometimes I’m an instant communicator, sometimes it takes me a week to get back with you. Very often it’s not that I can’t respond, it’s that I let my mind zip off in a million directions and forget to remind myself to respond.

When I had a business full of employees, I would spend so much time bringing in business and responding to clients that I wasn’t addressing issues inside the company. Thankfully I had a partner that handled a lot of the internal drama, but very often I was finding out about things after the fact.

What I Learned

Failure is the key to success; each mistake teaches us something.
Morihei Ueshiba

After getting angry about not being informed of things going on inside my company, it dawned on me to just take time and have conversations with my team.

I began to make it a point to have a conversation with a different employee everyday, and find out about what was going on in their lives outside of work. This worked to different levels of success, but it enabled me to gain their trust, share ideas, and with quite a few of them build relationships that continue to this day. There are several that have become true friends, and would do anything I asked of them.

A leader is not a leader without those who will follow and do what they are asked without hesitate. But you are also not a leader unless you have the ability to gain trust and not just a have a pack of “yes men”.

While failure to communicate is something I still battle on a regular basis in context of emails and phone calls, my ability to connect with people, inspire trust, encourage innovation and help others expand their vision of life has grown exponentially.

Failure To Suppress Ego

Failure is not fatal, but failure to change might be.
John Wooden –

This one required a massive upheaval in my life.

While I’ve never been an obnoxious jerk talking down to people, my true failure came from the mindset of not recognizing that achieving your dream requires the help of others. This is an extraordinarily common train of thought for most entrepreneurs.

We’re out there to win, make big things happen, and it’s get on the train or get out of my way. It’s very easy to have this mindset in the early stages of leadership. Fewer responsibilities, not too many employees, and the energy of youth.

In my case, it took near death to realize my own limitations. I went from riding high to the depths of despair in a very short period of time.

Before having a massive brain hemorrhage I had a near perfect memory. Not that I always used it correctly, but I could recall conversations verbatim. Suddenly this was gone.

Strategies, client contact information, next steps in different projects, gone. Not wiped completely from my memory but I couldn’t recall them. Thankfully over time my memory has returned close to it’s former capacity, but at that time it was a significant hurdle to overcome.

What I Learned

Every adversity, every failure, every heartache carries with it the seed of an equal or greater benefit. – Napoleon Hill

As the world I had built for myself began to crumble, the realization that refusing to suppress my ego and bring others in to support my role in the company was a massive failure. The reality that your world can change at a moments notice became very apparent, and ironically my failure to communicate had additional ramifications.

As a leader, it is very likely you have been gifted a variety of areas, and when it comes time to turn over responsibilities to others it can be very difficult. You feel like it will get done better if you do it, that they just need to catch up, how can this possibly be hard to figure out etc.

While this may be true in the short term, in the long term it will come back to bite you.

It Doesn’t Take A Comeback

I don’t know what leadership is. You can’t touch it. You can’t feel it. It’s not tangible. But I do know this, you recognize it when you see it. – Bob Ehrlich

The point of this article is to inspire others to learn from their mistakes, but not rely on massive failures that require a comeback from nothing. In truth, you can learn more from the mistakes made on a daily basis than the big ones.

Sure the big ones can make a bigger impact, but they are also more difficult to overcome. If you build a track record of recognizing your weaknesses as a leader and doing something about it, over time your confidence will expand.

When the big decisions come, issues outside your control arise or suddenly your own abilities are reduced, if you have successfully become a leader, those who follow you will be there. They will help you overcome roadblocks and rise to a whole new level of leadership.

So does becoming a leader require failure? Absolutely. But what is your definition of it?

Success is often achieved by those who don’t know that failure is inevitable. – Coco Chanel