Bandwidth & the BCG
As has been mentioned before, I am no longer a n=1 business. One of my proudest achievements of the last 12-18 months is the emergence of a team of focused, committed, high-performing associates who deliver my stuff at least as well as me. Not only do my colleagues treat the work as seriously as I ever did, their fresh eyes see innovations and opportunities that have been passing pass me by.
I deliberately hand over interesting projects and not only when I can’t be in two places at once. In the medium term this should expand our active client base but for the moment I am embracing personal financial pain in order to radically change my working life.
I am freeing up bandwidth to chase opportunities in an entirely new domain; by this time next year I plan to describe myself as the CMO of a tech start-up. I will still own and operate a pharma consulting company but it will no longer be the first line of my LinkedIn profile. In BCG matrix terms I am relegating my old business to ‘cash cow’ status in order to make room for a ‘star’.
I’m excited at the prospect of solving brand new problems in an unfamiliar commercial space. I’m looking forward to being ‘inexperienced’.
I’m reminded of advice given to me by an improviser in 1991, the year I quit working for other people...
Enjoy not knowing