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Articles by Dax
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Starting a business: lessons learned and hurdles overcome
Starting a business: lessons learned and hurdles overcome
By Dax Dasilva
Contributions
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How can you manage self-doubt when facing unexpected setbacks in your entrepreneurial journey?
In order to scale, you'll be sharing ownership with others. Invest in yourself spiritually and share ownership that way — If you put everything on your shoulders and take on the entire burden, that might feel great when you succeed. But when you begin experiencing the failures that happen every day, that's going to be difficult to do if you haven't invested in yourself as an instrument. Ultimately, it will bring more joy and purpose to what you're building.
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Here's how you can navigate the long-term effects of burnout on your entrepreneurial career.
At the 10-year mark of running Lightspeed as CEO, I was burnt out. I took this as an opportunity to expand into other areas I was passionate about — art, philanthropy, and most recently, environmental conservation. When I stepped away from CEO two years ago, it gave me the opportunity to focus on Age of Union. Today, I'm back at the helm of Lightspeed with an invigorated passion. Sometimes all it takes is some time to reevaluate, and engage with other things that inspire you.
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Here's how you can connect with like-minded entrepreneurs through networking events and meetups.
I always make time to mentor up-and-coming leaders, particularly in minority communities. It's here that I can connect with young tech and social entrepreneurs that are walking a path similar to the one I did in the early days of starting Lightspeed. It’s also important to follow through on promises and show up for people who need you. Showing up is something I have realized the importance of as I’ve ventured into conservation projects with Age of Union. Being a great leader is about uplifting others. A true leader creates leaders and supports new changemakers looking to make their own unique impact in the world.
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Here's how you can set boundaries to avoid burnout as an entrepreneur.
I think it's important to balance professional and personal passions to maintain energy and avoid burnout. For me, this came in the form of 'Age of Union,' a non-profit environmental alliance I started in 2021. This project re-energized me before I ultimately returned as CEO of Lightspeed this year. I'm also a firm believer in incorporating spirituality to manage stress and prevent burnout. This provides a foundation that helps navigate the ups and downs of entrepreneurship.
Activity
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Want to know the secret to peak bar service? Hint: It starts with “bar” and ends with “back”. Learn what a barback does and why they’re essential for…
Want to know the secret to peak bar service? Hint: It starts with “bar” and ends with “back”. Learn what a barback does and why they’re essential for…
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Prediction: “Endless aisle” is going to change retail. Especially for SMBs, it lets David compete like Goliath. This concept boils down to letting…
Prediction: “Endless aisle” is going to change retail. Especially for SMBs, it lets David compete like Goliath. This concept boils down to letting…
Shared by Dax Dasilva
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🧬 Notre stagiaire Valérie, accompagnée d'étudiants en biologie du laboratoire de Yann Surget-Groba à l'Université du Québec en Outaouais, utilise…
🧬 Notre stagiaire Valérie, accompagnée d'étudiants en biologie du laboratoire de Yann Surget-Groba à l'Université du Québec en Outaouais, utilise…
Liked by Dax Dasilva
Experience & Education
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Lightspeed Commerce
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English
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