What’s Your Company Really About?

In That Moment
Still from In That Moment

My writing professor, the incomparable Mick Casale, would ask, “What is your film about?”

Once he got the answer, the follow up question would be, “What is it really about?”

In The Creative Habit, the legendary choreographer Twyla Tharp calls this “the spine.” Take my first short film from NYU for example—In That Moment (5 minutes, embedded below) is about a guy who’s working as a living statue in Central Park and and his encounter with a woman who piques his interest.

But what is the film really about? It’s about the regret chances not taken, moments when fear makes you pick the safe choice, and times when you instantly regret a decision you can’t take back.

If you’re a founder, this question is relevant because you should know what your company is really about. On the face of it, you might be a marketplace—but ask yourself, what is your company really about? You should know that answer.

  • Nana is “about” helping people get their appliances repaired, but it’s really about providing economic empowerment and agency to blue-collar workers
  • Uber is “about” getting from point A to point B, but it’s really about changing the way people travel, eat, and work.
  • eBay is “about” being able to quickly sell something to someone you don’t know, but it’s really about global economic empowerment.
  • Twitter is “about” sharing what you’re thinking, but it’s really about allowing people to learn, find friends, and challenge their worldview (although it is unclear if that ever happens).
  • Core is “about” meditation, but it’s really about taking charge of your mental well-being.

What the film is really about is its spine. For a company, the long-term vision is the spine that holds the company up, provides clarity and guides decision making around design, branding, expansion plans, who you’re counting among your competitors.

At the earliest stages, the spine of your company may not be visible to everyone. Tesla’s first expensive sports car was easy to dismiss for both consumers and investors. But what is Tesla’s spine? Making transportation sustainable for the planet while being joyful to the consumer.

The spine is the deeper intent behind what you’re doing. Not every customer needs to understand the spine to use and enjoy the product, but it’s important for everyone at the company to understand the larger vision.

With that, I’ll leave you with In That Moment.

The Twyla zone

Photo by ALEXANDRE DINAUT on Unsplash

Towards the end of 2020, I had one of those experiences that vaporizes cynicism. In November, I noticed the book The Creative Habit by Twyla Tharp on my bookshelf. I had first bought it during film school, as assigned reading—but it occurred to me that I’d like to read it again. On a whim, I asked my friend Ellen if she wanted to read it with me.

We decided to open it up to anyone who wanted to read it. Surprisingly, about 25 people said yes. 18 people showed up. And 16 people stuck it out through the end!

It was a motivating experience for two reasons:

  1. The group of people was awesome
  2. The book and the content was a unique take on creativity, productivity, and habits, from someone outside of the performative productivity cabal

Most remarkably, the participants didn’t know each other at all. It was a group that came together over the interest in the book. For most, it was a way to either start or get back to their creative habit. But outside of that, the group was diverse in gender, geography, and profession. Tech people, yes. But also writers, musicians, entrepreneurs, finance people. Everyone was open, listening, learning. There were no titles, no stars, no celebrities, no name dropping. Everyone was on a level playing field in terms of how we treated each other. Each person had a thoughtful, authentic perspective to contribute.

At Spero Ventures, we think a lot about the ingredients of effective communities. Before the pandemic, each quarter, I brought people together to experience something cultural in San Francisco. I called the effort AliveIRL. The first event was watching The Last Black Man in San Francisco, followed by a dinner with the producer Kimberley Parker. The next was attending the Warhol exhibit at SF MoMA. At each, I met incredible people with whom I continue to have a meaningful connection.

Over the past 12 months, obviously the model had to shift. I’ve spent lots of time in all sorts of groups and learned that:

  • There are thousands of smart people who are amazing but not (currently) famous. They are, however, very insightful and are key to every community. These people connect authentically – it’s not about who’s in the group or what they can gain from getting to know someone.
  • Communities which form around a specific goal should aim to be global. The curious, collaborative individuals who are united in their shared love of learning exist everywhere. By forcing everything to be virtual, the connection to globally like-minded people should increase. (but, finding a time that works for all is very hard)
  • The friction around sourcing, scheduling, and gathering the community is still quite high. Until the enabling tools improve, small gatherings will still need a coordinator.
  • They will also need a moderator, not just to make sure everyone feels like the gathering is inclusive, but also to ensure that we can learn from the quiet people who often drop gems of wisdom.

Our little reading community decided we wanted to keep going and use the group as a forcing function to read books we’ve all been meaning to read. The next book is Atomic Habits by James Clear (yes, it’s almost unavoidable, the productivity whirlpool). We kick off on February 11th. One of the group members, Josh, split the book up into 6 chunks and we’ll read it over 6 sessions spanning 12 weeks.

Here are the details of how we’ll read Atomic Habits:
Feb 11, 9a PST: Intro + The Fundamentals
Feb 25, 9a PST: The 1st Law
Mar 11, 9a PST: The 2nd Law
Mar 25, 9a PST: The 3rd Law
Apr 8, 9a PST: The 4th Law
Apr 22, 9a PST: Advanced Tactics

If you want to join us, drop your name and email into this Google form.

“Friend” is a noun

Photograph by: Shripriya

“Friend” is a noun. When it got turned into a verb, it emphasized the transactional nature of many relationships online. While the meaning differed across platforms, it usually meant it was someone whose updates you wanted to see on a regular basis. The platforms themselves then decided how much you would see, using every minor action of yours (intentional or otherwise), thereby controlling the relationship. The platform maintains the connection for you, and instead of sitting on a couch talking to one person, looking them in the eye, you are speaking to a crowd, none of whose eyes you can see, and hoping that keeps the relationship warmish.

That’s not a friendship. That’s a potentially useful exchange of information. The act of “friending” the person was a one-off initiation of this exchange. Building a friendship, making someone into “a friend,” takes more.

Friendships can be created online, but they require:

  • the ability to form a connection. One way to form connections is to have a shared purpose, goal, experience, or project/effort of some kind. That’s why we feel so strongly about Product-Led Communities.
  • a constructive alignment of values that allows collaboration.
  • getting to know the person, in a nuanced way—what they care about, their sense of humor, how they solve problems, how they spend their time, whether they are an asshole to people close to them.
  • a commitment to show up. Online groups where people intend to show up on schedule, and actually follow through, are much more impactful rather than ones where there is no firm commitment to show up and people float in and out as they choose. The decision to make this group a priority means a lot to the people in the group.
  • enjoyment of the interaction—an interaction with a real friend makes you feel better after than you did before.
  • relaxation, enjoyment, or learning. Interactions when you can be yourself, laugh, not watch every word, or walk away smarter, with a new perspective, are all interactions you will want to have again.
  • time, to develop all these dimensions of the relationship over many months.

As I look back at last year, I realize there were a lot of events, one-off talks, lectures, and hangouts. Some involved icebreakers, which are helpful. There were efforts at “community,” but did those result in real friendships, as opposed to “friending”? Real community, versus minor interactions that are easily forgotten?

A couple of weeks ago, I was on a Clubhouse chat where an influencer told the audience we were all lucky to be on the platform this early because we could 100x our audiences if we did things right. And that would be very valuable. That’s our mindset right now: do this thing because it’s valuable. Hang out here because you can meet XYZ, who might invest in/hire/help you down the road.

There is a place for this and there is definitely value in this kind of transactional relationship. But the internet has skewed toward this worldview because when measurable value is created, it can also be extracted.

But how do you really make the online world less transactional? How do you enable the formation of deeper connections where people are willing to spend the time because they enjoy the company of the other person or group rather than find transactional value in it?

There is value in deeper, more meaningful connections and it behooves us to think about how to create these interactions online. The “value” may be harder to measure immediately, but over the long term, will likely lead to more valuable, resilient platforms, and  therefore a healthier internet.

I’m thinking out loud here. How did you feel about your online experiences last year? Do you want to repeat them? What would you like to see changed or improved? Please reach out—I’d love to discuss (in a non-transactional way!)

Time travel

A new day, Shripriya Mahesh
A New Day. By: Shripriya Mahesh

A screenwriter’s job is to capture the human condition and the fantasies and torment of the human mind. That’s why there are so many time travel movies: humans are constantly thinking “what if” and “if only.” Back to the Future is all about what would have been different if something small had changed in the past. Bill & Ted’s Excellent Adventure is about exploring what the world was like in different times. Terminator is about killing someone from the past so that a savior child is not born.

These movies are all artistic interpretations of thoughts we have all the time. For example:

  • What if things had gone differently?
  • What if I had done this, instead of that?
  • If only I could go back and fix this one thing…
  • What if I could erase all the horrible mistakes?
  • What if I could go back and do all the things I thought I’d do, said I’d do, and wanted to do, and therefore become the imaginary person I thought I would one day be?

In reality you cannot. You can only focus on where you are and what you can do going forward. You’re never too old, too young, too anything.

In a way, these are all comfortable excuses for not being who we want to be, living the life we want to have. Anyone reading this post has some level of agency. Believe in your agency. Instead of regret, imagine what you can do today to make your future self proud.

2020 was a really hard year. When I look at it in a certain light, it’s easy to beat myself up over a “lost” year. But, the achievement, in a year like this, is getting through it the best you can. We still have 16 days left of this year; let’s focus on getting out safely and with our sanity intact. There’s hope, thanks to hardworking scientists.

The best thing we can do is look forward, towards a better world where we are more aware, less naïve, yet more hopeful about the amazing things human beings can create. The amazing things you will create.

Seats

Photo by Anton Shuvalov on Unsplash

A role, or seat, in an organization is filled by someone. But that person doesn’t own the seat. The seat is the seat: it’s a conceptual role that exists to make the organization succeed.

When a person who is in the seat excels, adds value, and grows with the organization, they get to keep that seat. They may be offered a different seat, with more responsibility where they can continue to thrive and grow.

But there are times when that does not happen—where the needs of the seat are bigger than what that person can fill.

Every successful company reaches this point. Usually, it’s when the organization is growing so fast that the people can’t keep up and scale their skills with that growth. This is an opportunity, both for the company and for the employee. The CEO/leadership team has to look at that the seat and the person, and ask themselves “is this the best person I can have in this seat?” If the answer is no, there is room to bring on an experienced person to fill the role—someone who can have a dramatic positive impact on the role and the organization.

For the person being replaced, this is hard. But even for him, it doesn’t have to be a bad thing. If he’s intrinsically talented, he can look up to his new manager and learn from her. It’s all about the mindset and the framing. In a fast-growing company, new opportunities will keep coming up and people who show they are open to learning and growing will be given new, different, and often more responsibility.

On some occasions, it may be time to part ways, and that’s okay too. Organizations work best when people are well suited to their roles. And people work best when they’re positioned to apply their unique skills to the fullest, and thrive.

I encourage CEOs and leadership teams to revisit “seating arrangements” once a year, often combined with an annual review process. When you do this, you should put the organizational needs first. Not only is it your fiduciary duty, it’s also the best way to build the company. People will perform better when they know there’s a yearly appraisal, and the best employees should relish the opportunity to get thoughtful input on their areas of growth. Making these decisions is part of the CEO’s job. When the right people are in the right seats, the organization can sing.

The board can play a role by helping the CEO see their own development areas (often done using annual reviews for the CEO). When the CEO ends up modeling behavior of learning and being open about development areas, it can set the organization up with a culture of lifelong learning.