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Tony’s business grew steadily after he developed a popular software solution for the restaurant industry. He’s added a couple of new apps and set his sights on expanding into the hotel sector. But despite his success, Tony began suffering from “Founder’s Syndrome” – a typical ailment of new entrepreneurs. Fortunately, it is curable.
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When I arrived in a leadership role at Dun & Bradstreet France, my first assignment was to put together a turn-around plan. The plan included lay-offs, which meant I had to get the approval of the union. Following my first presentation, the union head approached me. He said that although my talk was one of the best he’d ever heard, in his experience with my predecessors, there was always a “but”. So why should he believe my plan was any different? Why would it work when others had failed?
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When people think of a maverick, they typically consider someone who breaks the rules and perhaps is a bit of a rebel. The first “maverick,” in fact, was a rancher in the early 19th century called Samuel Maverick. This Maverick refused to brand his cattle like the other ranchers, thus his last name became synonymous with being independently minded.