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 MightyAtom Korea (South). June 29 2011 12:15. Posts 1570 | Profile Blog # |
Long time since I last posted, actually, I have had huge period of inactivity, but I always tend to come back home after a few months or so, but this is just a brief stop. I ended up going full out and things are very good, lost a crown (too much coffee and zero sleep), investors are happy, exceeded projections etc, and the wife and two boys are fine.
I guess because of my age, I'm unable to go full out until I burn out anymore, there is this safety gauge now that just forces me to take a day off and I guess that is just wisdom.
I was for about 3 weeks straight, sleeping 2-4 hours every day, and 1 day a week, putting in a full 8 hours. I lost 10kg in that period from not eating much- wasn't intending to diet at the same time, but for me, when I'm not eating, I have an easier time zoning out and working. But about 2 weeks ago, I starting traveling again between Macau and Korea, 3 trips in 2 weeks for reporting and meeting with the investors and whenever I'm in Macau its this 24 hour time schedule of hell. It just that casino environment where meetings can happen at 11pm at night, dinner at 9:30pm, decisions to go to China on a dime or a big meeting set up in Hong Kong (which is an hour by ferry from Macau), with a 9 am breakfast/coffee meeting.
Additionally frustrating is that I work from a hotel room with no scanner, printer, relatively slow internet connection and my Korean iphone doesn't always work in Hong Kong/China/Macau area, sometimes I can access my emails other times not. But, after nearly 3 years of having kids, I've become a family guy and I ask my wife to send me photos of the boys on a daily basis when I'm away. I just don't want to feel comfortable again being away from my family, thinking that it is a normal way to live, been there done that, don't wanna go back to it.
Well good news, the company is established and is accepted by the industry. The bad news, or the really good news is, now its time to grind and simply work hard, the entire strategic aspect of the project is now completed. What people don't realize is that for the most part, in business, strategy only is required in 3 critical parts of a business, (i) formation, (ii) problem stemming from competition, and (iii) managing growth. Everything else is making sure you are executing properly, which means operations. For instance, for a MacDonalds, the main strategic decision is picking the location. Once that is done the rest is all operations unless a Wendy's/Burger King opens next door and takes 30% of your business away.
So it has taken me about 1 week to realize that I have to stop thinking now and just execute, execute and fucking work like a mindless motherfucker and get all the i's dotted and t's crossed. It is a good feeling and now that I've realized that, I've staffed up a bit more, and now since I have clarity in where the company is at, I am just re-gearing up to dig in. That means that I'm in this momentary bubble of time where likely by the end of this day, I'll disappear again for a few months after going non stop. But what is great about grinding is that it is relatively mindless, I just simply need to work hard, the only stress related to that is feeling that the mountain of work is never ending, but the flip side is that....the work you put in directly relates to an increase of revenue.
When you're at a strategic period, whatever you are setting up or preparing for, all that effort, really won't show any results until months or even years later. The longer you spend preparing, the longer you start from actually getting revenues. But once you've moved past that point, now every hour you put in, translates to the bottom line *Providing* that your strategy really was correct to position yourself in that way. Meaning, if you thought that nice packaging of burgers was the key to selling burgers, opposed to higher quality meat, then if it really is about packaging, after you've finished all the design work, acquiring suppliers, then once you launch your cool packaging then sales should immediately change. But if not, then no matter how well you execute your packaging, then its useless. Well in my case, strategy is my specialty and revenues are great, so I was actually least concerned about the strategic aspect.
I don't like doing operations, I'm good at it, but I'm not a natural, its draining. Tell me build structure from 10,000 sticks and I'll be happy with the challenge, tell me to take those 10,000 sticks and line them up by height side by side, I can still do it, but I'll be close to bonkers when I finish (use to just go bonkers right off the bat). The only reason why like like doing operations is that I love to see my strategy fulfilled, nothing gives me more joy on the face of the planet aside from my family. So, this is it, I am now at that point of the long march, the endless dark night, the start of base camp one, but its a good feeling to know that after nearly 11 months from when I started, I'm finally at this point. And I'm lucky as hell, lucky it didn't fail, even coming to this point after 11 months is a miraculous situation for any new business. So I'm going to just take the day, post here wherever I feel like, drink my coffee, play with my boys, eat a big steak, then tonight, I'm going to lock the door, drink 3 cups of coffee, do 30 push-ups and just get everything done that needs to be done and not stop until it is done. Of course that means staffing up, training etc, and really making the company self sustaining.
If I say, I will do it, it will be done. Nothing more to say.
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| | -I am the universe- Morihei Ueshiba |
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| Durak Canada. June 29 2011 12:21. Posts 3221 | Profile Blog # |
Why don't you hire someone to do the operations work? I thought that was how most companies worked.
Glad to have you back MightyAtom! |
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| MightyAtom Korea (South). June 29 2011 12:25. Posts 1570 | Profile Blog # |
On June 29 2011 12:21 Durak wrote:
Why don't you hire someone to do the operations work? I thought that was how most companies worked.
Glad to have you back MightyAtom!
Actually I was planning to staff up for September, but fast fowarded it to this month now. The issue is that as a new company, operations either requires someone who is extremely experienced or a lot of entry level guys who need a lot of training. But that is definitely the plan, I have marketing staff, designer, programmer, and 2 writers, but just hired by first direct intern last week. =) Back just for today.
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| | -I am the universe- Morihei Ueshiba |
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| hazelynut United States. June 29 2011 12:29. Posts 1999 | Profile Blog # |
glad to hear you're doing well. i seem to remember reading your blog when you were full of uncertainty (and also somehow simultaneously full of IRON WILLPOWER). spend lots of time with your family! have a daughter! congrats on your successes  |
| | Twitter @hazelynutsc2 | Do you like college and SC? www.cstarleague.com <3 | |
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| Azerbaijan United States. June 29 2011 12:51. Posts 531 | Profile Blog # |
| This made my day. I've missed your blogs and was so sad when the older ones had to be cleared. Good to hear that your company is established, best of luck in keeping it going! |
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 Z3kk June 29 2011 12:55. Posts 4097 | Profile Blog # |
Great job! I really look up to you :>
Gogogo!! I would love to work for you or something, but alas, I have little experience and you cannot be sure of my competence/skills, etc.
Is "ORFE" (operations research/financial engineering) somewhat related to the operations about which you were talking? Just wondering. A friend's genius older brother goes to Princeton and has ORFE as his major, so that sort of rang a bell in my head.
Best of luck! |
| | Failure is not falling down over and over again. Failure is refusing to get back up. |
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| hazelynut United States. June 30 2011 00:12. Posts 1999 | Profile Blog # |
On June 29 2011 12:55 Z3kk wrote:Great job! I really look up to you :> Gogogo!! I would love to work for you or something, but alas, I have little experience and you cannot be sure of my competence/skills, etc. Is "ORFE" (operations research/financial engineering) somewhat related to the operations about which you were talking? Just wondering. A friend's genius older brother goes to Princeton and has ORFE as his major, so that sort of rang a bell in my head. Best of luck!
Orfe is pretty stats-finance related. Who's the genius older brother? I'm a senior now and everyone I know is orfe/asian. |
| | Twitter @hazelynutsc2 | Do you like college and SC? www.cstarleague.com <3 | |
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| emperorchampion Canada. June 30 2011 00:25. Posts 4138 | Profile Blog # |
| Good Luck! |
| | TRUEESPORTS || your days as a respected member of team liquid are over |
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| eshlow United States. June 30 2011 00:35. Posts 5016 | Profile # |
love you dave
also, thanks for all of the support from your company. |
| | Overcoming Gravity: A Systematic Approach to Gymnastics and Bodyweight Strength |
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| Z3kk June 30 2011 03:38. Posts 4097 | Profile Blog # |
On June 30 2011 00:12 hazelynut wrote:
Show nested quote +On June 29 2011 12:55 Z3kk wrote:Great job! I really look up to you :> Gogogo!! I would love to work for you or something, but alas, I have little experience and you cannot be sure of my competence/skills, etc. Is "ORFE" (operations research/financial engineering) somewhat related to the operations about which you were talking? Just wondering. A friend's genius older brother goes to Princeton and has ORFE as his major, so that sort of rang a bell in my head. Best of luck!
Orfe is pretty stats-finance related. Who's the genius older brother? I'm a senior now and everyone I know is orfe/asian.
William Nguyen! Though William is a common name, and Nguyen is a common Vietnamese name  Chill guy, too! He just graduated this year. |
| | Failure is not falling down over and over again. Failure is refusing to get back up. |
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