In honor of Thanksgiving, I’m going to make an assertion that’s sure to get me some angry comments:
Entrepreneurs with businesses that sell to other businesses (B2B entrepreneurs) hate holidays.
I realize I can’t speak for all B2B entrepreneurs. I’m sure some of them love holidays… particularly the few whose sales increase as a result of consumer holiday spending. But, for the rest of the B2B entrepreneurial community, holidays represent two things they don’t like.
First, holidays distract potential customers. They leave work early. They have holiday parties where they’re enjoying potluck lunches instead of sitting through your product demos. They often take vacation days surrounding holidays. Simply put, whether it’s Thanksgiving, July 4th, or even Valentine’s Day, potential customers get distracted during holidays, and that makes them less likely to buy.
Since making sales is already hard enough, it’s little wonder entrepreneurs have trouble getting into the “holiday spirit.” Everyone else’s day off makes it harder for B2B companies to hit their revenue goals.
The second problem B2B entrepreneurs have with holidays is they usually prevent the entrepreneurs themselves from working, and that creates frustration and anxiety. Entrepreneurs don’t see building and running their companies as “work” in a derogatory sense. It’s something entrepreneurs get deep enjoyment from (even when it’s not going well). Building companies is their passion; their companies are often their “babies.” Being told they can’t work is like telling a painter she can’t paint for a day, or a violinist he can’t play for a day. Sure, sometimes this can be a welcome respite. But, often, not being able to work on their companies can feel less like a celebration to an entrepreneur and more like a punishment.
If all this discussion about entrepreneurs hating holidays and loving work sounds crazy to you, you’re probably not the audience for this post. But if you’re nodding your head in agreement — perhaps while sneaking a peak at your favorite entrepreneurship-themed website during a trip to the bathroom between Thanksgiving dinner and Thanksgiving dessert — then you know exactly what I’m talking about, and this post is for you.
I spent 15 years treating holidays exactly the same as you. Everyone else around me got excited, while I got annoyed. And you know what that accomplished for me? Absolutely nothing.
Every year, the same holidays came at the same time. Every year, my employees were distracted, my customers went MIA, and my sales dropped while my annoyance grew. And every year, I couldn’t do anything to stop it.
Neither can you. So stop trying, and stop getting annoyed.
Instead, learn to make holidays less frustrating and anxiety-inducing by accounting for them in the way you operate your business. Here are some examples:
- Create revenue projections that don’t treat the days before and after holidays as standard productivity days. This will help prevent the added stress of “missing goal,” particularly around the end of the year when the most of the working world seems to shut down.
- Schedule corporate events, trainings, and business functions around holidays so activities that usually limit staff productivity are occurring on days that were already going to have depressed revenue.
- Sponsor (and attend!) holiday-themed activities that show your employees how much you appreciate them. Employees who feel appreciated are employees that work better the rest of the year. You might even find yourself — gasp! — enjoying the opportunity to spend time with coworkers in a non-business setting.
- Find ways of including customers in your holiday celebrations. They might not buy from you on holidays, but you can still earn their business on holidays.
Those are just a few examples of ways to lessen the perceived cost of holidays to your growing B2B business. I’m sure they’re not the only ones. If you have others, share them in the comments section below or on Twitter — @AaronDinin.
Most importantly, use holidays — when nobody is sending urgent emails — as opportunities to reflect on yourself, why you’re working as hard as you surely are, and how far you’ve come in your entrepreneurial journey. Yes, you’ve got farther to go, but that doesn’t mean you can’t appreciate what you’ve already accomplished… and a few bites of turkey.