This past Tuesday, Charlie Hipwood, of MassVentures, shared what he has learned from his entrepreneurial journey with the SSC’s class of 2017.
Hipwood shared his founding stories and a few takeaways he has gathered from his time in entrepreneurship.
Here are the 3 things he highlighted during his talk:
1. “Stress makes good people make really bad decisions.”
The intensity of certain situations can cause people to panic and make choices that do not reflect who they are as people. Hipwood witnessed these situations and their repercussions and they never benefited the company. Learning how to handle stress is key because in startups, there is a lot of stress.
2. “Ping-pong tables are not who I am…There are other things that are a part of my culture.”
The culture of a company should be a reflection of who you are. Hipwood emphasized the importance of culture in a company because the style of a company's culture mirrors the style its leadership. If beanbag chairs and ping pong tables are not for you, that does not make your culture any less appealing or effective.
3. “As the leader of the organization, you have to put the negatives aside immediately and focus on the team and goals.”
The leader influences the attitude of everyone within the company. If you focus on the negatives, then everyone else will be brought down by them too. Hipwood recognized this quickly because it is easy to focus on the negatives, but the negatives are not what help progress. Maintaining an optimistic attitude will help encourage work because everyone understands what they are working towards.