{"id":1990,"date":"2020-01-02T17:19:48","date_gmt":"2020-01-02T17:19:48","guid":{"rendered":"https:\/\/www.valuecreationco.com\/?p=1990"},"modified":"2020-01-02T17:51:40","modified_gmt":"2020-01-02T17:51:40","slug":"letting-go-choosing-pivots-over-pitfalls","status":"publish","type":"post","link":"https:\/\/www.valuecreationco.com\/?p=1990","title":{"rendered":"Letting Go &#8211; Choosing Pivots Over Pitfalls"},"content":{"rendered":"\n[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;3.0.47&#8243;][et_pb_row _builder_version=&#8221;3.0.48&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;3.0.47&#8243; parallax=&#8221;off&#8221; parallax_method=&#8221;on&#8221;][et_pb_text _builder_version=&#8221;3.0.74&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221;]<!-- divi:paragraph -->\n<p>\u201cIf I should stay<\/p>\n<p>I would only be in your way<\/p>\n<p>So I\u2019ll go but I know<\/p>\n<p>I\u2019ll think of you every step of the way<\/p>\n<p>And I will always love you<\/p>\n<p>I will always love you\u2026\u201d<\/p>\n<p>I Will Always Love You \u2013 sung by Whitney Houston in<span>\u00a0<\/span><em>The Bodyguard<\/em><span>\u00a0<\/span>\/ originally sung and written by Dolly Parton<\/p>\n<p>What a song. Really. Originally a country single from<span>\u00a0<\/span><a href=\"https:\/\/www.imdb.com\/name\/nm0000573\/?ref_=nv_sr_1\">Dolly Parton<\/a><span>\u00a0<\/span>that managed to hit the top of the country charts on two separate occasions, the song went on to become one of<span>\u00a0<\/span><a href=\"https:\/\/www.imdb.com\/name\/nm0001365\/?ref_=nv_sr_4\">Whitney Houston<\/a>\u2019s greatest hits after<span>\u00a0<\/span><a href=\"https:\/\/www.imdb.com\/title\/tt0103855\/?ref_=nv_sr_1\"><em>The Bodyguard<\/em><\/a><span>\u00a0<\/span>soundtrack was released. The song even returned to the charts after Whitney\u2019s death. What a song. It\u2019s unforgettable. It\u2019s a standard by which some people judge other songs. And, it\u2019s all about saying goodbye. Yes. It\u2019s not about staying together. It\u2019s not about walking the same road. Nope. It\u2019s about knowing that it\u2019s time to say goodbye and move on. Dolly is reported to have written the song because she was moving on to a solo career after years of working with Porter Wagoner. In<span>\u00a0<\/span><em>The Bodyguard<\/em>, the lead characters realize that they cannot stay together and move on with life taking separate paths. Grab that hanky. I love you, but I gotta move on.<\/p>\n<p>Why am I writing about this song and thinking about<span>\u00a0<\/span><a href=\"https:\/\/www.drdavidflint.com\/v-reel\">The V-REEL&#x2122; Framework<\/a>? Because one of the most important things that the framework can help tell you is that it\u2019s time to let go of an idea about an endeavor and move on. This is particularly difficult for entrepreneurs in both not-for-profit and for-profit entrepreneurial endeavors. That idea about a business or a charitable cause is like a baby to those who have birthed it into the world. Babies are always cute (cough, cough). They belong to and endear themselves to their parents in a way that goes beyond the joy of sleepless nights, dirty diapers, screaming bits of unhappiness, and the other parts of nurturing the little cherubs through their late teens&#8230; or early twenties&#8230; sigh. It is dangerous, nay\u2026 it is folly\u2026 to tell a parent that a baby is ugly. And so it is with an entrepreneur\u2019s baby, that idea for a new venture, new cause, new enterprise that has so captivated the life of the entrepreneur. The entrepreneur is madly, hopelessly, endlessly\u2026 in love.<\/p>\n<p>Sometimes, it\u2019s okay to be in love with an idea and still&#8230;move on. Really. The V-REEL&#x2122; Framework prompts a hard look at ideas about creating value in the world. If used correctly and thoroughly, the framework allows the user to weave in hard questions about the viability of the value proposition over time. The factors in this world that will constantly erode the ability to create value or find rareness will be front and center in the user\u2019s thinking. The enablers (or lack thereof) that can blunt erosion and support the value proposition will be right there in mind, too. Ultimately, an assessment of the longevity of the value creation will be made. In the end, the idea may not be worth pursuing. It might be a bad idea. It might be an idea that won\u2019t work at present, but might work under other circumstances. It might be a good idea that should be shelved because a better idea is available. But if it\u2019s time to say goodbye to the idea and move on, then\u2026 move on. Admit that the adorable idea that you love so much is ugly, set it aside, and move on.<\/p>\n<p>Oh, and in case you were wondering, there is no shame in realizing something is not going to work. That\u2019s actually a big win in life. Not wasting time, money, resources, and life pursuing something that isn\u2019t going to work is a good thing. Entrepreneurs do need to be comfortable with the concept of<span>\u00a0<\/span><a href=\"https:\/\/www.inc.com\/alan-spoon\/what-pivot-really-means.html\">taking a pivot<\/a><span>\u00a0<\/span>when things aren\u2019t working and changes need to be made. That\u2019s true. But wouldn\u2019t it be great if the number of pivots could be decreased?&#8230; a lot? The V-REEL&#x2122; Framework isn\u2019t going to eliminate all bad ideas, nor can it foresee the vagaries of life that will surprise us and take us into new pastures with piles of naturally made and bovine expelled fertilizer spread to the horizon. Pivots, adaptations, and flexibility will still be necessary to bring value into existence in this world. That\u2019s the nature of this world. But hot steaming sassafras\u2026 wouldn\u2019t it be good to recognize that the path being followed is leading to value destruction, get off that path, and go find one that leads to value creation?<\/p>\n<p>Whether it\u2019s<span>\u00a0<\/span><em>Casablanca<\/em>,<span>\u00a0<\/span><em>The Bodyguard<\/em>, or the film and stage musical<span>\u00a0<\/span><em>Once<\/em><span>\u00a0<\/span>(feel free to insert your own personal \u201cI got something in my eye\u201d story with ill fated love involved) as your referent mental image, just know that if using V-REEL&#x2122; causes you to say goodbye, it\u2019s okay. Really. I\u2019ll understand if you coincidentally get something in your eye.<\/p>\n<p>\u201cBittersweet memories<\/p>\n<p>That is all I\u2019m taking with me<\/p>\n<p>So good-bye<\/p>\n<p>Please don\u2019t cry<\/p>\n<p>We both know I\u2019m not what you, you need<\/p>\n<p>And I will always love you<\/p>\n<p>I will always love you\u2026\u201d<\/p>\n<p>&nbsp;<\/p>\n<p>\u00a0<span style=\"font-size: 14px;\">And yes, I miss Whitney Houston&#8217;s voice.<\/span><\/p>\n<!-- \/divi:paragraph -->[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]\n<span class=\"et_bloom_bottom_trigger\"><\/span>","protected":false},"excerpt":{"rendered":"","protected":false},"author":4,"featured_media":1985,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.valuecreationco.com\/index.php?rest_route=\/wp\/v2\/posts\/1990"}],"collection":[{"href":"https:\/\/www.valuecreationco.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.valuecreationco.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.valuecreationco.com\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.valuecreationco.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1990"}],"version-history":[{"count":7,"href":"https:\/\/www.valuecreationco.com\/index.php?rest_route=\/wp\/v2\/posts\/1990\/revisions"}],"predecessor-version":[{"id":2000,"href":"https:\/\/www.valuecreationco.com\/index.php?rest_route=\/wp\/v2\/posts\/1990\/revisions\/2000"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.valuecreationco.com\/index.php?rest_route=\/wp\/v2\/media\/1985"}],"wp:attachment":[{"href":"https:\/\/www.valuecreationco.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.valuecreationco.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.valuecreationco.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}