By Rita Trehan, HR Leader
Starting something new can be extremely challenging, particularly when it comes to moving into entrepreneurship from the security of corporate business. Even though each comes with its own challenges, chasing an idea with yourself as your boss is something that requires a new set of tools.
The cornerstone of my practice as an HR professional has always been about seeking new, fresh approaches to embracing change; to constantly push the boundaries of what’s possible and rethink about how we approach disruptions within the world. I felt compelled to work in developing markets with talented people who are passionate about what they do, people who understand as I do that the elevation of business and the HR function itself starts with harnessing change.
My intentions were made concrete with my new practice ritatrehan.com, which is applying the concept of capacity-driven business management as a transformational tool along with a more radical concept: that HR itself should be viewed as a force for change, that it’s necessary to shake things up every now and then to progress as a company.
I’ve embarked on new business ventures to deliver these concepts to the world, a new generation of change agents that are bound to change the game. These emerging companies along with my own practice have provided me opportunities that would be nearly impossible to capture in a conventional executive position. They are the gateway through which capacity-driven business will transform the space in which they operate and HR teams globally, leading to a revolution of agility and leadership acumen in corporations around the world.
The experience has inspired me to keep a journal of findings in the way of a series of articles about my experiences following my passion of starting a consultancy that harnesses the power disruptors. As I’m aware many of us are leaving giant companies to chase our own ideas and forge our own path, I hope my insights and experiences help shed some ideas. In finding solutions that shape my work life, I hope you’ll find ideas that can help bring you to your own winning conclusions of how to create a company from the ground up.
Here are the best practices I believe have been helpful on my journey to build a company, which may be of help to others embarking on the same path:
Invest in Developing a Shared Vision
It’s easy to get excited around bringing a great concept to market, but it’s important to develop a shared vision of what that means. It’s not just about what the business model will be or your services and offerings; it’s about creating one vision of the type of company you want to be, the people you’ll want to have as part of your team, the brand you want to build, and a strong view of how you want to work. This is what made it possible for us — two people who did not previously know each other, — to collaborate as quickly as we did and start building what we hope is an amazing business that will last well into the future.
Different is Good
It’s important to listen to each other’s views, discuss perspectives, and then make the call. Debate; try to look at things from each other’s perspective, and be candid if you disagree. Learn how to recognize what makes sense and when to let go of an individual viewpoint.
Enjoying the Journey
If you’re enjoying the journey and creating a team around a shared passion, it means that the work is exciting and that it generates times where you have to do the heavy lifting and lighter times where you can enjoy the process and the fruits of your labors. Partnership is incredibly rewarding work, and the journey to create while learning from each other along the way is exciting. I heartily recommend it.