Tag Archives: entrepreneurship

Risk, Safety and Evolution

I wonder if we are held back by evolution? For millions of years our monkey brains evolved for safety and security. Stay in the cave at night, stay with the community in the day, hunt as a group… we have been conditioned to play it safe because survival depended upon it.

Now we have ideas, and want to venture on our own. We want to leave a secure job and try something new. We have a goal that requires us to take the metaphorical ‘road less travelled’… and rather than feel excited, we feel scared. Hesitant. Timid.

It’s our evolutionary instinct to stay with the safe choice, but the safety we seek is not the safety our ancestors needed. For them it was a matter of survival, of life and death. For us, it’s risk of comfort. This is fundamentally different, but our monkey brains don’t understand it that way. No, instead we perceive it as scary. We create excuses rather than excitement. Hesitation replaces hustle and headway.

This isn’t cowardice, it’s not vacillation, it’s an evolutionary defence mechanism intended to protect us. The unknown is no longer an existential threat, but millions of years of evolution have made the unknown of the past a force to be reckoned with today… even though the threat is so much lower.

This doesn’t just play out in our own minds but the minds of our community as well. So rather than people being excited about seeing you on a new path, they question it.

“That’s a big move, are you sure you are ready?”

“Are you really going to give up that salary for something so risky?”

“Good for you, but I could never do that!”

No ill intent, just an overreaction to evolutionary fear embedded in their brains, just like it’s embedded in ours.

So, take the leap, go out on your own and try something new. There isn’t a sabre toothed tiger waiting for you around the next bend.

Student Presentations

Today I got to watch 3 teams from the YELL class, Coquitlam Open Learning‘s Entrepreneurship 12 Course, practice their presentations for the YELL finals happening this Saturday.

Students from Coquitlam, Richmond and West Vancouver will compete again this year, at YELL Canada’s 3rd Annual Venture Challenge – “A Dialogue in Youth Entrepreneurship”.

Emily Naing, one of last year’s students from the Coquitlam team, that went to the finals (and came a close second to the overall winner), started us off with a little motivation and she answered questions about her experience last year. Emily is continuing the development of the pitch her team gave… with the help of a $300,000 grant that her team got after the finals. She spoke about how 2nd place actually pushed her team to prove themselves even more than if they got the 1st place spot. I still remember the email her team sent the night of the finals:

Hi,

This is SWAVE from the venture challenge. We were so impacted by the connections made today that we are determined to keep moving forward with our idea. We hope to enter more business competitions and ventures and hope to actually develop a prototype with adequate research. If there are any connections you can refer us to, or if you (the founders) would like to support us in our journey with this product, please reply to our email.

Thank you so much,

Founders of Swave

Daily-Ink-Emily-YELL

Watching the presentations, I realize how important it is for us to give students authentic opportunities to first develop, then present their ideas. Although all the groups had things to work on, there was obvious passion and interest in doing a great presentation.

I think the competition is healthy. I also think the idea of presenting to real investors and/or business school profs, increases the stakes. And I think that we need to proved authentic avenues for students to present beyond the walls of our schools.

Good luck to all the teams on Saturday!