ENTERPRISE + INITIATIVE Page 6 of 10

Life According to Mr. K – Big company vs small business

lifeaccordingtomrk

“You don’t learn to walk by following rules. You learn by doing, and by falling over” – Richard Branson (Founder, Virgin Group)

Over the last three weeks I have provided you with a little insight to how our company was conceived (part 1 / part 2 ). We have taken a different route than we first expected and we serve our market in a very different way than we first planned. Even so, our manifesto has not changed and is still the core message for what we here at Do What You Love believe.

It has been seven months since I joined the company and it has gone in the blink of an eye. After working for over 12 years in the construction industry as a Civil Engineer it has taken a little time to adapt to my new role, but my life is very different (and infinitely better) as a result.

I thought it would be interesting to compare the differences I have noticed between working for a very large company and now working for our own small, younger company. The main areas of diffference are lifestyle, perceived security, self-actualisation, reward, diversity, politics, ethics and productivity.

The greatest difference I have noticed is how my lifestyle has changed. My previous career demanded long hours and required me to be at a certain location for a specific number of hours a day. I now have a much greater flexibility to enable me to be fully in control. And the result?  I work harder – a lot harder – than before.

As we work from home there is no mindless commute (I will never miss sitting in traffic), I can decide when I want to do my exercise, how many breaks I take and even where I choose to work (office, lounge, roof terrace, cafe, beachfront etc). The flipside to this is you can find yourself working earlier in the morning and longer into the night.

If you have ever taken an Effective Time Management workshop you might have done one of those exercises which helps you understand how you work. I discovered that I work much better in the morning. I have adapted and modified my whole working environment and structured my day to allow me to do work when I am most productive. Working in an office does not always provide this opportunity.

The most exciting part of the lifestyle change is that I will be at home for the entire time my baby will be growing up. That is something I cannot put a price on. I don’t want to miss one second. (I have a feeling I may spend large portions of my day staring at her instead of working…)

I know one thing for certain. I have never had so much satisfaction from my work. Every piece of work that we put out in the world is a reflection of what we believe, and is created from a place of wanting to support others pursue their dreams. It is mindblowing to think that our community really is in all corners of the world. It is definitely worth all the effort.

 “Work like there is someone working twenty-four hours a day to take it all away from you” – Mark Cuban (Owner, Dallas Mavericks)

The downside if there is one to my current lifestyle is switching off. I cannot leave the office on a Friday and not give it a second thought until Monday. This just doesn’t happen. In the beginning we were constantly chatting about what is working well, what isn’t and what we can do better. Of course we are very passionate and love what we are doing but it still isn’t healthy to do it 24/7.

We have recently got more strict about not talking about work in the evenings, or purposely going out to a cafe to talk about a specific project (rather than just brainstorming as soon as we think of it). I have removed an email account (work) from my phone and try not to check any social media site after 19:00 at night unless there is a specific launch or other one-off event on. Small things like this make a big difference.

Anyone who has moved from a large company to a small company (or vice versa) will be aware that the smaller the company the more diverse your role becomes. Basically there just aren’t the numbers of people available and it is not financially viable to have individual people for every individual job role.

Within a large company you can be ‘pigeon holed’ into doing one activity. This has its obvious advantages as you attain a confidence in your micro world and become very knowledgeable about a small yet integral part of the business. If you need something else doing you would normally just pick up the phone or email that department and they would ensure it is done. However, this can be detrimental to a company’s flexibility, and can restrict an individual’s development opportunities. You can become overly dependent upon others. You can lack the variety of work to allow for greater growth and satisfaction. You begin to question your intrinsic worth to the company. Can they simply replace you as you are defined by a role? Do you lose the ability to think on your feet and find solutions yourself instead of asking someone else?

Here at Do What You Love our roles are many and varied. They incorporate upholding the company’s manifesto in all decision making, branding, pricing strategies, marketing, partnership development, course content, course delivery, web-site development, financial and risk management and data entry – all things that you would find in any company. But the difference is that we all do a bit of many of the things required. We also do a fair bit of laughing, tea drinking, finding inspiration online and offline, creative thinking, going for long walks to dream and plan, and other ways of doing what we love.

Staying true to ‘doing what we love’ has allowed us a certain clarity as the business has grown and become busier. There comes a point when you realise there are just some tasks that are better off done by others with the correct expertise – accounting, website design and bookkeeping to name but a few.

Our bookkeeper and accountant have been on our journey with us since day one. I cannot stress enough the importance of this. Having clear, readily understandable and available accounts has allowed us to make all decisions with confidence based on what we need and what we can afford.

The coding and design of our numerous websites are now in very safe professional hands and hosted accordingly. I can promise you that if something goes wrong when your site is live and there is heavy traffic you would pay anything at that point to fix the problem. So why would we not pay the same to ensure our sites are maintained and serviced by professionals? If you have an online business then investing in decent tech support is one of the most important things you can do.

This brings me to a point that I have been asked about the most since giving up my previous career. Security. Is there more security working for a huge company? The simple answer is “I don’t know”. What is security? A company can make you redundant, or fire you, or take away benefits, pretty much whenever they like. Although with our own business we have to be responsible for bringing in enough money to support us and our team, the truth is I have never felt more secure than I do now, master of my own time and in charge of my own destiny.

We are young, dynamic and flexible. We are constantly reassessing where we are, what opportunities are on the horizon, and how we can spread our risk. This is all part of having a viable, sustainable business. Huge companies generate mammoth turnovers but if the numbers do not stack up there will not be any hesitation to cut thousands of jobs. As the old adage goes, “Turnover vanity, profit sanity”. The previous 5 or 6 years are a reminder of this.

Another major difference is the level of personal contact within a large company. If you work for a business with 500+ employees, how likely is it that you will get the chance to have a chat with your CEO or Managing Director? Would he or she stop to say hello or ask you how you are? The likely answer is no. Not because they are not great or polite people but because it is not a practical or efficient use of their time. They also have to make decisions most of us would never want and would have nightmares about if we did.

So do any of us have secure jobs? I would like to ask you this question in a slightly different way. Do you feel in control of your job?

There are a few aspects of my previous job that I do miss, mainly the people. I had the great pleasure of meeting so many diverse people on a daily basis. I have and always will be a people person and I miss the daily ‘site craic (crack)’ immensely. That said I am beginning to ‘meet’ some very inspirational people from very different circles in my role. The problem is I have hardly met any of them in person as most of what we do is online. We may need a brainstorm to do something about that…

Nearly all of my communication is now over email, which would not be my chosen medium, but reaching out globally does not allow eye-to-eye contact with every single customer – not until another meteoric advancement in technology anyway. We do strive keep a feeling of personal touch by responding to every email individually, even if it takes a little while.

I also find myself sat behind a computer for longer periods of the day. This is personally not ideal but is just a short-term situation based on the development of our company and what is required at this moment. We have plans in the pipeline that will hopefully  rectify this for me. I will keep you posted!

The reward I now receive from this job wins hands down. In fact I struggle to think what my reward was at all during the final few years in my last previous job. At a very basic level, the monetary rewards are greater here at Do What You Love – and there is a pride in that pay packet that I have not felt in a long while.

For me though the wider rewards now are plenty, and perhaps more important. Writing this part has made me think about Maslow’s Hierarchy of Needs for the first time since college. The self-actualisation aspect is now being met. The work we do is really helping others and the thankyous we receive will always be our greatest reward, knowing that we have helped others improve their own lives. I couldn’t write better testimonials for our courses if I tried!

The direction and ethical stance we take as a company is ours to define and control. Noone else will ever dictate this. There are no politics to adhere to. Of course there are always customers to consider, and the way we want to serve them defines much of how we do what we do. But the main difference is that we have CHOSEN our customers. How is that possible? By getting clear on why we do what we do, who we want to serve and what we can deliver that will enable to do that. Then communicating in a way which attracts exactly the kind of people we want to serve – it works, I promise. We strive everyday to look for improvements and efficiencies but never shortcuts! The quality of what we deliver has to be our signature.

So there we have it – a few of my thoughts on big versus small and working for yourself. Doing What You Love will always mean something different of each and everyone of us. In terms of business we are very passionate about helping others find what this may mean. We love our customers and hope to serve them the best we can for many more years. The main thing we are giving it a go!

If you started your own company what would it be and how would you succeed? Or if you are already a business owner, how do you make sure that what you provide your customers is truly special?

Until next time…

Mr K

Life According to Mr K – If your business model isn’t working, change it

lifeaccordingtomrk

“You have to do what you dream of doing even while you’re afraid” – Arianna Huffington (Co-Founder, The Huffington Post)

The evolution of our business part 2 (read part 1 here)

The inaugural DWYL retreat was a sellout success, which we were told affected many of the participants deeply. In the two years since, many of those who attended have told us very personal stories of how the retreat experience actually changed their life’s course, and how the people they met there have been a big part of those changes.

However, behind the scenes, based purely on return on investment of time and financial resources, the reality was that for as long as we had to rent a venue there was little to no future in a solely retreat driven business. When you consider the hours that went into the preparation and running of the event, the team had essentially been working for less than minimum wage, and it was not a sustainable business model. Diversification was required.

Having said that there was an undeniable vibrancy at the retreat that was almost tangible and could not be ignored, plus it was the source of a huge amount of valuable connections, both for us and for participants and teachers.

During one of the evenings Beth had arranged for an Oprah style interview with our special guest Matt Stinchcomb, Vice-President (and one of the Founders) of Etsy.com, who had travelled from Germany to come and speak. His interview was a great reminder that even businesses as large as Etsy can evolve from the most unlikely and humble beginnings – theirs is an amazing story for another day! It was the only interview that week I was able to listen to and I believe I was meant to hear what he said. It highlighted how businesses evolve due to a need that is not catered for, and how they have to be nimble and flexible to adjust to changing demands.

Seeing so many people sat in that room who had decided to travel from various countries to North Yorkshire also really struck a chord with me. I was starting to see what Beth saw. There were so many like-minded souls around the globe who just needed a purpose to meet and common ground to discuss. Do What You Love could be that vehicle – and an in-person retreat was only one way of bringing those people together.

It was from this realisation that our collaborative e-courses emerged. Beth had already developed and run her own flagship Do What You Love e-course for the first time with an astounding response, and we soon realised this was an incredible way to connect people facing similar issues in a safe, supportive environment. The next step was to start working with others at the top of their game to provide practical, valuable advice to people wanting to follow particular career paths, often challenging the norm and supporting them to make bold moves.

Over the past 2-3 years this has developed into a business model which is cashflow positive (without debt), responsive to changing needs and technology, relevant, sustainable and exciting. We turn down more offers for collaborations than we take on, and we build deep trusting relationships with those we do choose to work with. By collaborating with others we are constantly learning, improving and finding new ways to do things. Every day is different, and every day we support more and more people to do what they love. It’s not always easy – sometimes it is frustrating, sometimes it is overwhelming, sometimes it is exhausting. But always it is rewarding, profitable and totally worthwhile. And it allows US to do what WE love, creating the lives we want to live. And surely that is a massive part of what it is all about?

As for retreats and in-person workshops, for sure we will run these again in the future, but as one arm, rather than the lifeblood, of our business.

Challenging our assumptions about how we should deliver, what we should deliver, and what we knew about the people we were trying to serve was fundamental to an early major shift in our business model which has evolved into the Do What You Love we are today.

How about you? If you run a business, have you shifted your business model over time? If not, it it time you thought about doing that? What if you turned your business model on its head and tried the opposite of what you have been doing for years? We’d love to hear your thoughts on this.

Until next time (when I will share a behind-the-scenes glimpse at each of our collaborations),…

Mr K

Life According to Mr. K – On how Do What You Love was born…

lifeaccordingtomrk

“If you can dream it, you can do it” – Walt Disney (Co-Founder, Walt Disney Productions)

This month’s theme is ‘Love Business’. I thought it would be interesting to give you a little insight to the birth and subsequent growth of our company.

Just over three years ago I was sat at home listening to Beth tell me that she had made a rather spontaneous decision to book a trip to San Jose in California. She was off to ‘An Artful Journey Retreat’ to take a class from two artists named Kelly Rae Roberts and Mati Rose McDonough. She had been reading Kelly Rae Roberts’ book ‘Taking Flight‘, and decided that she wanted to meet her. As always I told her to go for it. Sometimes we just have to spend some money and treat ourselves.

At that time she had been working tirelessly on the legacy aspect of England’s bid to host the FIFA World Cup in 2018, in a very corporate environment. The trip was an opportunity to relax and get painting again after more than a decade on the back burner.

When she returned  from California her smile said it all. She looked like a different woman. She had met kindred spirits and rediscovered her love for ART. The enthusiasm was evident. She came away knowing she wanted to work with and for women like those she met on the retreat. She effusively explained this thing called blogging and the potential business model that she had observed. It was different – in fact worlds apart – from what she was doing at that point, but very intriguing.

She went in search of some relaxation and inspiration. She came back with a the beginnings of a whole new life for us. What was to transpire from the trip was more profound and pivotal than either of us could ever have imagined! The seeds of what would become Do What You Love Ltd were sown.

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From DWYL HQ: Our kind of meetings

dwylhq

Last night I was feeling pretty exhausted. Maybe it’s the pregnancy, maybe it’s the crazy week of work (100+page issue of MOYO coming to you next week), maybe it’s the seagulls waking me up at 4am. But my head was fuzzy and I needed a break.

Brighton beach DWYL meeting

Mr K suggested we start Friday with a walk on the beach and breakfast at a little cafe we haven’t been to before. So that’s what we did.

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From DWYL HQ: Growing pains

dwylhq

This week we turned down two book proposals from two major American publishers. Last week we turned down the offer of a lucrative new e-course partnership. Are we crazy? Maybe. But we don’t think so.

Last year Do What You Love saw explosive growth, which was brilliant, but exhausting. We had offers flying in left, right and centre, and it was hugely tempting to keep expanding, adding more courses all the time and getting involved in all sorts of exciting projects. But right at the start of 2013, when we took stock and looked ahead to what kind of a year we wanted it to be, we decided that this year we would focus on quality not quantity.

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Published in Where Women Create Business! (PLUS book bundle giveaway!)

Where Women Create Business magazine COVER

It is always exciting when a magazine drops through the door and you open it to find an article you wrote – and that was certainly the case when I received my copy of Where Women Create Business. This is the second issue of this fantastic magazine from Jo Packham (published by Stampington), which dives into the business wisdom behind some of the most exciting creative businesses out there, run by female entrepreneurs. If you would like a copy, check out our giveaway below!

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Giveaway winners announced!

Coffee heart

A huge thank you to the 600+ people who entered our birthday giveaways (and for your lovely birthday wishes)! It was so moving to hear why the Make Art That Sells and Creative Spark giveaways could be so good for you. We are only sorry that not everyone can win! Here are the lucky winners…

MAKE ART THAT SELLS

The free place on Part A of Make Art That Sells with Lilla Rogers goes to:

*Christine Lehto

Congratulations Christine! We will be in touch with more course info.

If you didn’t win but realise that this course is right up your street, you can still register here before class begins on June 3.

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CREATIVE SPARK book

The free copy of Tara Leaver’s new book goes to:

Shelley aka FussyPrincess

Congratulations – we will be in touch to get your postal address details!

If you didn’t win but really want a copy of the book, Tara is offering a special 15% discount if you purchase it via this link by Saturday 18 May using the discount code ‘CREATIVESPARK”.

**UPDATE: THIS DISCOUNT NO LONGER APPLIES**

I’m back! I’m married! And I’ve got a new name!

 Paul & Beth shadows

Wow, what an incredible few weeks it has been. First the wedding (amazing, so much fun!) and then the honeymoon (dreamy, wonderful) and now my new husband has quit his job to work for Do What You Love!!!

I have so much to tell you, and so much exciting news to share, but I am going to do it bit by bit.

Firstly – my new name! I am now called Mrs Beth Kempton! I think it will take me a couple of years to get used to it…

I hope you will excuse me if I am a little self-indulgent over the next few weeks, sharing lots of pictures from our honeymoon in Italy and then of the big day itself (those pictures are due in the next couple of weeks – can’t wait!).

It was such a treat to take 5 weeks off to focus on this precious time, and I look forward to reflecting on all the details of it on this blog over the coming weeks.

We have a brand new website and lots more exciting news coming in June, but until then, forgive me for making this place wedding central!

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I'm back! I'm married! And I've got a new name! ABSPD LOGO 550X250PX LR

For any of you looking to spring into Spring with a creative course, Module 1 of The Art and Business of Surface Pattern Design ‘Designing your way’ starts on Monday. Find out more and register here!

And if you are more advanced in your designs and want to start making money from your work, Module 3 ‘Monetising your designs’ could be right up your street. Find out more and register here!

 

Honoured to be awarded a place in the ‘Top 42 under 42’ entrepreneurs in Yorkshire!

'Top 42 under 42' entrepreneurs in Yorkshire

Just found out I have been awarded a place in the ‘Top 42 under 42′ entrepreneurs in Yorkshire! This is a real honour in a region buzzing with start ups and exciting new businesses. These awards recognise ‘rising stars of business’ in the region, so I am looking forward to meeting all the other winners soon!

Thanks to my awesome collaborators Kelly Rae RobertsRachael Taylor and Lilla Rogers for their part in Do What You Love’s explosive growth, which has allowed us to help thousands of women all over the world to do what they love!

I love business trips – wandering Boston

Wandering in Boston

A few days ago I got back from a fantastic trip to the US, where I filmed a series of videos for this exciting new project with Lilla Rogers (more on that in the coming days!). When we had wrapped up filming I had a couple of days to myself in Boston. I love having a bit of down time in a new place after several days of work, to explore it and be inspired whilst gathering my thoughts before plunging back into my life back home.

shop front

Boston is a particularly good city for walking, and for sitting in cafes, and I did much of both those things. I wanted to share a few photos from my wanderings, so here you go… I just love the wreaths hung on so many of the brick buildings and lampposts, even though Christmas is long gone. They are so pretty and welcoming, and bring a warmth to winter.

Boston signs

Boston Art

open sign

Boston street

I stayed at the lovely Encore B&B, a very cool little place inside a beautiful house owned by a former architect and theatre director. It is in the heart of South End, and I loved having the attic room with a balcony looking out over the snowy city.

Encore b&b

The Encore B&B – My home from home for the duration of my stay in Boston

I feel very lucky to have this kind of business trip!