I love the Ted series of videos but I don't always like having to sift through the speeches to find the ones I find valuable. I've helped found and continue to run what's become a small business for 7 years now and gone through all sorts of ups and downs, successes and failures, etc...
These four videos inspire me in different ways that are helpful but more insightful than practical in their application. If you're a small business owner and have an hour to get rejuvenated, these videos are perfect.
Work-Life Balance from a Titan of TV
With the runaway success of shows like Scandal and Grey’s Anatomy, Shonda Rhimes has become one of Hollywood’s most powerful icons. She goes through how she loves work too much at times and how saying yes to playing with her children is her particular outlet for getting her peak drive and motivation levels back when she hits a lull.
Takeaway It's natural to go through peaks and valleys. Am I taking that right amount time to recreate?
Built for 100 Years
Martin Reeves, a biologist by trade and now a consultant, shares six principles from living organisms to build resilient businesses that flourish in the face of change. I'm not trying to build a flash in the pan or a get rich quick company that I flip for millions or billions. I want to create a lasting impact and spend my time working on something meaningful.
Takeaway Of the 6 principles, Prudence may just be the most important trait of a small business that helps it create lasting impact.
Exploration vs. Exploitation
Knut Haanaes makes a compelling case to think more explicitly about which mode or mindset a company is spending it's time and effort within. Too much of either leads to failure while the right balance can result in wonderful growth.
TakeawayIt's critical to spend the company's time & money on the right balance of activities. Don't get complacent or too greedy with something that's working.
Frugal Innovation
Navi Radjou looks at examples of innovation in emerging markets with particular emphasis on interesting inventions from Africa and Asia that have helped millions of people by taking advantage of what resources are plentiful instead of waiting on the western world. Many of these entrepreneurs have no funding, little to no education, and yet they create remarkable solutions to real world issues in their region.
TakeawayDon't fall into the trap that more employees, more funding, more something is all I need to get over the next hurdle.
Hopefully this post about TED videos for small business leaders has guided you to some of the better TED videos from the past few years and provided a valuable time of reflection. Now, go back and keep at it.