Today I had a great conversation with a friend who’s an entrepreneur. We talked about many things, but one of his comments especially stuck with me: “We’re in one of those grow-or-die periods.” I’ve written a post about how certain businesses must grow or die, but he meant something different. We were talking about personal growth and adaptability at the time. He believes we’re currently going through a period of pain that’s required for growth and evolution. It’s inevitable because pain is the precursor to growth, or so he believes.
I digested his comments, reflecting on my experiences with CCAW. There were more than a few painful times. My own decisions (founding the business alone, for one) caused some of them; outside forces (such as the Great Recession) caused others. During most of the tough times, something had changed and I didn’t realize it or acknowledge it quickly. This led to pain, and eventually the magnitude of that pain forced me to reflect on its origin. I was able to connect it to the change that had occurred, accept the change (sometimes begrudgingly), and adapt to my new reality. Usually, I formulated a plan and moved forward. The entire process was always one of learning and growth.
I don’t necessarily agree with my friend’s phrasing or all the nuances of his argument, but I think he’s basically right. If I hadn’t grown and adapted as an entrepreneur—and for that matter as a person—CCAW would never have reached eight figures in revenue. The truth is that the world I was operating in was changing and I had to grow (that is, adapt) to survive.
How has painful growth positioned you for success?