March 9, 2021 After 50 years of starting successful businesses in various industries, and having thousands of employees, not a month goes by especially in challenging times like these without multiple emails, calls, referrals, business plans, requests, solicitations, and other inquiries from people Ive once worked with through myriad media channels.
If you think that LinkedIn is a helpful tool, think again. Its a time sink, and a shameless, standing invitation for introductions. Some of these individuals I distinctly remember; some I could never forget; some I tell myself I should or may remember; and others I politely pretend to recall.
But I do try to respond to every one of them. Even if, truth be told, they might not have been such a bargain the first time around. Nothing is as responsible for the way we fondly remember the good old days and the folks who were there than a fading memory.
Others ask me why Id go out of my way for Bob or Jane, pointing out some insult or shortcoming of theirs in the distant past. Loyalty is often a big part of these conversations. To be honest, some people are more offended on my behalf than I would ever be even if I remembered the incidents in question.
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The motives of memory are rarely entirely pure. Some of these people remain forever bitter about slights and imagined injuries. The best and most successful entrepreneurs I know arent anchored to the past ups-and-downs theyre always looking ahead. |
And theyre really big on second chances.
Once you open the door, though, you have to be careful in these conversations with people from the dim past. They might be ancient history to you, but they may be holding on to a particular moment or memory thats special to them which involved you. You dont want to accidentally drain the joy from their recollection by admitting that you have no idea of what theyre talking about. Honesty and too much candor arent always virtues. You have to wield the truth with care.
I often say, in talks, classes, and columns, that no one becomes successful in the past. That doesnt mean that its a bad bet or foolish investment to spend the modest amount of time it takes to reconnect and try to help people from the old days. Just as long as you dont end up spending too much time sitting around, as Bruce Springsteen would caution, thinking about those old glory days.
Some people spend all their time looking forward to the past. Dont waste too much time looking backwards unless thats the direction youre headed.
There are plenty of good reasons to reach out and respond to these inquiries as long as youre careful not to make a hash of the whole thing. Theres a definite risk that your good deed wont go unpunished. But consider it a worthy and worthwhile effort for these reasons among others...
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Memory revises itself constantly in part to warm and sweeten past events in order to shield us from prior hurts and disappointments. And because, while we all think we have pure and photographic recall, some of us no longer have the necessary capacity. Theres the past and then theres the story we choose to tell about it. Nothing is ever as rosy or rotten as we tend to recall. Its the way we never were.
One of the risks you run in reaching back is that the memories of your early friends and employees may hinder you from being the person youve become or are trying to become. Its hard to return home and seek work as the latest golden boy at the fanciest firm in the city when your old buddies remember you as the clown from the wrong part of town. You never know when youre making a memory that may come back to bite you.
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Another risk is that there are just some people that you can never do enough for. And often, they wont take no for an answer. Its a very slippery slope and you need to set the boundaries right from the start. |
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Heres how I can help, if at all, and heres what I cant or wont be able to do.
In these cases, once it becomes clear that the ask is just too much, you need to remember that an honest refusal is much better than an insincere promise or an unnecessary delay. And, of course, ghosting someone is the worst of all. Tell the truth and duck. Dont just disappear.
And finally, you will inevitably run into situations where the person pitching you is a failed founder. I know, I know some people insist that its a sacred badge of honor and something to be proud of, but Im not one of them. This can be the hardest of all situations to handle because these men and women may look great on paper and certainly have the right attitude, but they bring a whole lot of pain and baggage with them. You have to be careful before you bring them on board, or tout them to others, or sic them on someone else.
But the bottom line is that, as long as you are smart and careful about the way you go about this whole inevitable process, its almost always worth the time to take a look. What comes around goes around and someday you may need the same kind of lift.