Lauren Bacon and Emira Mears Present

The Boss of You

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Risk is Relative

April 14th, 2009 by Lauren · 3 Comments

I stum­bled across a great blog today while fol­low­ing up on Boss of You men­tions around the blo­gos­phere: Sweet Sas­safras. (Great name, no?) And okay, it feels a lit­tle self-serving to link there, given that the most recent post at the moment rec­om­mends our book (thanks, Sarai!) — but let’s skip right past that and revel in the awe­some­ness of Sarai’s leaving-the-cubicle-farm-behind story. Sarai is the cre­ative mind behind Colette Pat­terns, which you sim­ply must look at if you’re a fan of beau­ti­ful, vintage-inspired dresses.

(Actu­ally, let me just repeat that, because although I was tempted to grab a photo off her site to link over to her, I’m increas­ingly stressed out by the copy­right impli­ca­tions of doing that — so instead I’ll try and con­vince you with words. HER DRESSES ARE STUNNING. And they’re amaz­ing pat­terns — you could def­i­nitely make a dress in two dif­fer­ent fab­rics and end up with a day­time, head-to-the-farmer’s-market-with-a-basket-on-your-arm look, and an evening, everybody-drop-dead-with-envy-and-awe look. Check ‘em out.)

OK, now mov­ing on to why I am post­ing this here on our all-things-entrepreneurial blog (besides the fact that we love to pro­mote the work of other women run­ning cool busi­nesses): Sarai’s story about start­ing her busi­ness inspired me on sev­eral lev­els. She talks frankly about the fac­tors that moti­vated her to become an entre­pre­neur, as well as the stuff that has helped her along the way.

But one thing stood out for me as an “Aha!” moment: She talks about work­ing for a big com­pany and expe­ri­enc­ing the oppo­site of the job secu­rity she expected to feel:

Back when I was in grad school at Berke­ley, I took an intern­ship at a Big Global Tech Com­pany. It was my first time work­ing in a large cor­po­ra­tion and I learned a lot, though per­haps not the things I expected to learn. Towards the end of my allot­ted time there, the com­pany announced that there would be a reor­ga­ni­za­tion of some depart­ments. Jobs were cut, peo­ple shuf­fled around, the depart­ment I was in would have a new boss, the usual reorg chaos.

This didn’t affect my intern­ship; but it was at this point I real­ized that, despite the fact that a steady pay­check makes you feel secure, work­ing for a big com­pany is pretty risky. You can be laid off at any moment. You are basi­cally a cog in a very large machine, and can be sac­ri­ficed at any time. You don’t have much control.

Yes! This is pretty much what Emira and I say every time some­one tells us in hushed tones that they could never start their own busi­ness, because it’s so… risky. We felt on a gut level that au con­traire, it would actu­ally give us more con­trol, not less. I don’t mean to down­play the risk fac­tors, because they do exist, but they exist every­where. Work­ing for some­one else is a mas­sive act of trust. Work­ing for your­self can actu­ally feel pretty sta­ble and pre­dictable by com­par­i­son. When we started our busi­ness, it was dur­ing the big tech bub­ble of 1999–2000, and we opened our doors right before the first dot-com bust.

You couldn’t ask for more affir­ma­tion from the uni­verse that in fact, we weren’t tak­ing crazy risks — we were pro­tect­ing our­selves from suf­fer­ing the fall­out of other people’s risk-taking.

We’ve heard vari­a­tions on this story many times since we started work on our book; a lot of entre­pre­neurs seem to start their busi­nesses to exer­cise more con­trol over their work lives. If you’ve got a sim­i­lar story, share it in the comments.

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Tags: Boss Ladies We Love · Business Advice · Our Story · Thoughts

3 responses so far ↓

  • 1 Elise of Argyle Whale // Apr 14, 2009 at 5:57 pm

    I com­pletely agree!

    I worked part time and was begin­ning my busi­ness last year. Luck­ily, I got laid off at just the same time my busi­ness was gain­ing momen­tum and it was such a won­der­ful feel­ing to know I had the secu­rity of know­ing I’d never lay myself off. I knew I could always expect at least a trick­ling income if I worked hard on Argyle Whale. I no longer wanted to rely on the suc­cess or fail­ure of my employer.

    Since then, I’ve got­ten another job that I work at two days per week and I feel I’ve finally found a good bal­ance of work­ing full time on my busi­ness plus a lit­tle extra income on the side.

    I guess I’m hap­pi­est with my eggs in a few bas­kets, so to speak and I’m feel­ing much more secure than when I had a full time job.

  • 2 Laurie // Apr 14, 2009 at 7:13 pm

    So inter­est­ing to me — I had a some­what sim­i­lar con­ver­sa­tion with some­one recently. She couldn’t believe I started my own busi­ness and left my nice govt job and PENSION behind! I won­dered why she didn’t real­ize you can fund your own retire­ment and I’m not going to slave for 30 years at a job I don’t like while my kids grow up see­ing me too lit­tle just for a pension.

  • 3 Emira // Apr 15, 2009 at 7:15 am

    Lau­rie, it’s funny you should men­tion gov’t jobs as that’s exactly where my mind always goes when peo­ple raise the secu­rity vs. risk issue with Lau­ren and I. I grew up in a gov’t town and it was always assumed those were the most stable/dependable jobs to have, and then a year or so into our entre­pre­neur­ial jour­ney there were seri­ous cut­backs in the gov’t and dear friends of mine sud­denly found their liveli­hoods very uncer­tain. If I wasn’t already con­vinced, it really sold me on the idea that entre­pre­neur­ship isn’t nec­es­sar­ily the riski­est way to go.

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