Talking to an investor, I asked what he’d learned during his journey to raise his fund. He was honest. He said he hasn’t had time to reflect but probably should. He’s been in build mode, getting his firm off the ground. He’s moving fast and has a lot on his plate. As we discussed some of the hurdles he overcame, he uncovered some great insights that will inform his journey going forward. He mentioned that he might have changed course while he was building if he’d stopped to reflect earlier.
When you’re building something, it’s natural to be heads-down executing. I did this myself as an early founder. But every so often, it’s helpful to spend time thinking about what’s worked and what hasn’t worked, and why. You’ll connect dots and uncover insights that improve your decision-making and allow you to course correct and refocus your execution on the most impactful activities. This practice will improve your chances of being successful.