Powerless Without Brands
Well, for most us who've chucked their careers in the corporate world, after working with some power brands in the past, to pursue their entrepreneurial dreams - there is one thread common to us all. We all share uncannily similar stories about that first moment of truth.
After years of working with large brands across the globe, people come to identify you with the brands that you work with and very soon the brands that you work with, go on to become your identity. The brands you represent become a part of your introduction at social dos. The alacrity with which people respond to your emails and phone calls becomes a function of the brands you represent. The ease with which your meeting invites get accepted also depend on the name of the brand in your email id, from which the calendar invite was sent. Your loans get sanctioned basis the brand on your business card that you hand out to the sales rep of the bank.
And then comes the day when you, as an entrepreneur, call up one of our oldest clients (and also one of your friends now) from your days in the corporate world and your phone call goes unanswered! The follow up call is answered, but the response you get is, "Hey, that was you! I am so sorry I did not have your number saved. Can I call you back please." Three days later when you still haven't heard from him and you decide to drop in an email, the response you get is that he's travelling over the next 2 weeks. Dejected, but not the one to accept defeat, you persist. Two weeks later, you write back again and you are told to connect with the assistant to schedule a 17 minute meeting, nothing more. That is the moment of truth when you do not know whether to be happy that you've finally landed a meeting or be perplexed about how-on-earth can you possibly describe your entire venture and operations in 17 minutes!
Contrast this with a scenario when you could just walk into this clients' office at will - courtesy the brand you represented while in the corporate world!
Believe me you, dealing with rejection is a cultural unlearning that you need to undertake very rapidly else you'll find your self-confidence taking a strong beating. Some of us jump on the entrepreneurial bandwagon to make more money, some do so to cherish the process of building something and some do the same because they cannot work in places where somebody else decides the rules. Very few do it to create a name for themselves and make their names brands, as big as the ones they represented at one point in time. Hence, very few are prepared to deal with this sudden sense of loss of identity and the powerlessness without brands!
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