Experience in the Military is the Best
Training an Entrepreneur can have.
By, Mr. Christopher Lo, Founder and Executive Director of iAdD Pte Ltd and Former Senior Lieutenant Colonel Singapore Army and Graduate from the Class of 1995 from the United States Military at West Point
After serving almost 24 years, I chose to retire early from the
military in August of 2013. That decision was the culmination of my
journey recovering from the decompression following my tour of duty in
Afghanistan. During this one particular bout of internal combat when I
questioned my own mortality again (some call these episodes, the “Survivor’s
Guilt”), the dots just connected.
In that defining moment, I learned two things about
myself.
First, things always happen for a reason! From that day on, I
shifted from asking myself “Why?!” to “Why not?!”. By embracing this new
mindset, I learned to go with the energy of “Yes!”, in the belief that my
choice will take me where I need to go or receive the experience I need to
feel. The reason for the choice will appear when I am ready to receive.
In a way, you can say, entrepreneurship is about having faith.
Second, there is an inexplicable push propelling me to be an
entrepreneur. It took over 20 years for me to realise how the West Point
Experience and the ideals of Duty, Honor, Country, had suppressed who I was.
With this acknowledgement, I made the hard decision to walk away from the
soldiering, the only profession that I had ever known. Having survived at
least two near-death experiences in Afghanistan, I thought what could be as
challenging or worse, right?!
I am into my fourth year as an entrepreneur. I realise now
how wrong I was. Combat stress and business stress are simply two different
worlds. Yet, upon reflection, this Monday morning, I am clearer that the
military experience has given me the best preparation to succeed as an
entrepreneur. Allow me to share the four attributes through the acronym
FIST.
FIST stands for Focus, Initiative, Service, and Trust.
All startup entrepreneurs go through similar phases of
experiences. We first learn to work in the business. This initial phase
teaches us to handle all aspects of operations to survive the business. Next,
we learn to work on the business. This second phase teaches us to put in place
the business system and the management team to sustain the business. We
finally learn to apply strategic planning to scale the business for
growth. I now elaborate how FIST works for you.
In those early days of starting up, you are extremely resource
poor. Survival consumes all of your energy. Naturally, your military
training instinctively Focuses you on the mission (to survive), which channels
your efforts to take actions that generates revenue, and to ruthlessly shutout
everything else. In your hunger to generate revenue, you seize the
Initiative to create opportunities and make things happen instead of standing
still and waiting for things to happen. It is here that you take
calculated risks to experiment, test, and innovate. Yet, you know these
actions alone do not create the outcome you seek. Your military training
to perform actions in service of a higher intent, now kicks-in to sharpen what
you do in Service of the customer. Relentlessly, you ask: “What else can
I do for you?” Because you have served, you epitomise trust and teamwork. Honed
from years of daily practice in leading soldiers, your leadership by example
eventually instils that Trust in those we serve. Ultimately, your success
is predicated on you being – who you are. “Never settle!”
The only thing that limits you in your transition is your
military mindset. The business world operates on the extreme opposite of
what you have been conditioned to operate under. Hence, the crucial first step
required of you is to unlearn to relearn, rearm, and reset your mindset.
I want to encourage my fellow veterans, regardless of race,
language, or religion: “Fear not, when you transit. Your military experience
has given you the best startup preparation to step-out and step-up to the
entrepreneurship challenge. You already paid it forward when you served
your country to now succeed as an entrepreneur. FIST will guide you to deliver
on your dream to make the Positive Difference in service of others, beyond the military.”
So here’s my FIST pump to you, military veterans. Thank
you for your service.
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