Today, we’ll learn about the power of community. Not so much where we live, but who we create with. We’ll get a behind-the-scenes look at why incubators are successful at getting companies launched.
Tomorrow, we’ll learn how to apply the same principles to building our own hives of creative support. Proverbs illustrates this principle in the distinction between wise men and fools. As you read back through, note the importance of surrounding ourselves with the former.
Why Incubators and Seed Accelerators Work
Part of the power of the seed accelerator model lies in the energy of the hive and the expectations established around risk, uncertainty, and judgment.
Though the concepts behind each founding team arrive at varying levels of maturity, the expectation is that every person in every team still has a ton to learn. They’re in the same boat, living together in a frenzied state of work, ideation, execution, chaos, and constant evolution.
Every team is in a similar place relative to the long-term progression, the paths their companies are expected to travel. And that dynamic creates a certain leveling of the playing field. All the founders make a presentation to the group on a weekly basis. There are no secrets.
This dynamic doesn’t remove judgment, nor should it, As we’ve already noted, judgment done well is feedback, and feedback is manna to the creation process. But what it does change is the psychology of feedback by leveling the field. It creates a group dynamic in which each creator becomes far more open to input because that input is clearly driven by the desire to help improve the creation. The all-in nature of the feedback loop also lessens the blow. It’s not just your ideas that are being put on the block, everyone’s ideas are.
“Every person is defined by the communities she belongs to.”
– Orson Scott Card
Today, I will practice feeling the fear and choosing to move forward anyway. I will do one thing that scares me.
Do not speak to fools, for they will scorn your prudent words.