It's 9:33 p.m. on a Friday in April 2024, and I'm at home drinking wine, feeling grey and bloated.
Spring is finally turning a corner and showing its face. It's been a mild winter in New York City, but the lack of sun is debilitating. The sun really started to shine two weeks ago, and I started seeing flowering trees earlier this week! First, one tree, then another, and then, as usual, an infrequent sighting turned into an embarrassment of riches. I feel the joy swelling up inside of me, ready for spring.
The joy is swelling, but not yet here. It's been forever since I've written uncensored in a "public forum." I post to LinkedIn often and test the waters with slightly personal content, but it's a business platform, and I keep it professional.
I also journal often at home, mainly to allow thoughts out of my head, which in and of itself is soothing, but no other eyeballs see that writing. I've read about respected thinkers from decades past (a la Charles Darwin) who kept journals for their children to read when they were dead and gone. I'd either be mortified or consumed with hilarity if my progeny read my journal entries (I have none I know of so far;), but I could still have children!) My genetics make me prone to empathy and moderate rumination, so most of my journal entries are about feelings and relationships rather than abstract theories on science and nature and the like. God help them. If my future children opened my journals, I'm sure they'd think less of me;)
In any case, I know I will run out of energy if I keep writing at this pace, so I'll get on with the update- there's a lot to share as I'm "launching this blog anew."
I should mention that I have no idea what the purpose of this blog will be, aside from a place where I can catalog my real feelings and experiences in this sometimes exhilarating, sometimes terrifying entrepreneurial journey. I don't expect anyone to read this (frankly, if I wanted to be public or searchable, I would have hosted it on a more current platform, combined it with my personal website, and enabled Google to crawl it, but at this point, I only want people to read this if they're idly curious, deviously smart, or happen upon it completely randomly.)
That said, the situation is as such. I've been in food and beverage for most of my life (blah blah blah), and now I own and run a high-end cocktail mixer company called Cheeky Cocktails. If you're interested in the rest of the story, there's a lot of info on the interwebs, but there's no need to repeat it here.
There is SOME expectation of truth-telling in the business/startup community, but frankly, almost everyone is bullshitting, and I understand why. Entrepreneurship can be exciting, life-giving, and thoroughly validating, and it can also be terrifying, depressing, and a terrible life to live. There are so many "stakeholders" - customers, vendors, investors, employees, and so on, who expect you to look and sound a certain way, and you're always on stage, always being judged.
I don't know what was alluring about this type of work. Maybe it's because entrepreneurship is the ultimate test of merit, of resilience, and of adaptation- maybe that's what drew me. I've always wanted the opportunity to be tested, to improve, and to pit my wits and tenacity against the world- not against any specific competitor, but against the odds of failure. Indeed, I've gotten my wish, and I have no regrets.
As of today, April 5th, 2024, I'm at an okay spot. I'm seven years into this entrepreneurial journey, and Cheeky has evolved into a new business, which has brought with it a different mental state for me several times over the past year alone.
About 18 months ago, I was drinking heavily every day and crying myself to sleep every single night, thinking about my parents. I've always wanted to make sure I could take care of them as they grew older, and I realized they were aging faster than I was making progress with the business. Nothing is quite so dark as desperately wanting to help people you care about and knowing that you're mentally and physically incapable of doing more than you're already doing.
I posted a single, honest post to my Instagram stories one day about the darkness I was facing, and another entrepreneur friend swooped in with her own story and recommendations on just considering if medication could help me. Her comment, "It doesn't have to be this way," is one of the most powerful sentences I've heard. I went to the doctor and started taking a low dose of Lexapro (an anti-anxiety/anti-depressant) just a week or two later, and it may have saved my life.
I don't mean literally (I don't think I'm a person who would get to suicidal before folding my cards), but I do mean that it changed my reality completely. I am mostly in good spirits, feeling positive about the day and our prospects daily. I do feel somewhat grey much of the time these days, as I mentioned above, but my baseline is higher than it was, and my lows are significantly less low. I honestly can't imagine how I would deal with the challenges I face every week if I didn't have my invisible medical "armor." This journey is not for the faint of heart, and I think one of the best things anyone can do is understand when they need help and figure out how to get it. There "ain't no shame in my game"; this support only makes me more powerful.
All of that said, I've been burnt out for six months or more. This is one of the hardest aspects of being a solo founder at our stage- there's no extra money and almost no way you can take a break and have the business still function in your absence. I've been burnt out, it's been grey as fuck in NY, and we've been in a dead sprint to launch an additional 700 stores in the next couple of weeks, so it's been a lot. We currently manufacture AND fulfill all of the orders from our facility, so it's as involved of a process as it could be. (I have a lot of opinions on the pros and cons of manufacturing, but that's for another blog. My current position is that bringing manufacturing back in-house is why we've survived as long as we have, and it has built extreme resiliency and resourcefulness into our DNA.)
Anyway, I've done a little research on burnout, and the general consensus is that you need actual time to decompress and recuperate. Since I mostly don't have time to check out of my life completely, I'm testing another approach- reinforcing clear boundaries on my in and out times with the business, beefing up my social calendar, etc. Sometimes, I feel like this is tomfoolery, and I wonder, "What kind of a founder am I to have an actual social life given where we are with the business?" At other times, I realize this is the smartest move I can make for the brand's longevity (and my mental health), and I give myself my full blessing to do whatever I need to to feel like a human. I'll keep you posted on how it turns out;)
For my closing thoughts, Boisson filed for Chapter 11 bankruptcy today. They have been such a pioneer in our space and truly set the standard for what non-alc could and should be. It's shocking and horrifying that a business with such great traction and such a great product could go from industry darling to failure in basically 2.2 seconds, especially after raising almost 20 million dollars and growing a national brand. Also, it validated something I've been thinking (and reserving my opinions on in general) for several years. We know that VCs and founders have misaligned incentives, but I really think VC money is bad juju if you care at all about building something meaningful. The misalignment is very obvious on paper, but it's confusing when you actually speak to them. Almost every VC I've talked with is intelligent, friendly, polite, smiley, and supportive, but the wares they're peddling are tainted.
Since I've never run a tech business, I'm not sure if the "growth at all costs" model is a bit less damaging sans a physical product. Still, the longer I run a CPG brand, the more obvious it is that there are real, significant benefits from growing your business slowly and step by step, learning along the way. Sometimes I lament the fact that Cheeky is still "so small" (in my eyes)- I look at the amount of time, money, and effort invested and then look at the output and am like, "How is it fucking possible that we're still this small?!" (π) BUT, I recognize that our pace of growth has forced me (and every person on my team) to learn resourcefulness and resilience, like I mentioned above.
At this point, my entire staff understands the impact of their actions. If they make a mistake that forces us to waste product or waste time (down to minutiae like re-coding expiration dates because they're illegible), they understand there is no one to pick up the slack except for themselves.
In my case, the most helpful skill I've developed is cash flow management. This is actually three skills in one: a technical skill (what to order/produce when to optimize operations and revenue), a strategic skill (which vendors to use + what to pay for when), and an emotional people skill (how to communicate in general + how to maintain confidence with all stakeholders if you need more time to pay an invoice, etc.)
I think this may have been my weakest ability even a year ago, but I've developed a genuine skill here. I also think this was the lesson I most-needed to learn, and it's one of the most critical elements to building solid organizational DNA. It forces you to be sensitive and responsive to your customers and the market and make responsible decisions around money. I really do not think it's possible to build these essential behaviors and this organizational awareness when you are swimming in cash + incentivized (or forced) to spend it quickly.