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The Founder's Operating System: Applied Stoicism

·1225 words·6 mins·
Ben Schmidt
Author
I am going to help you build the impossible.

It is 3:00 AM on a Thursday.

You are staring at a ceiling fan that is spinning just fast enough to blur the blades but slow enough to make a rhythmic, taunting clicking sound.

Your lead engineer just quit. Your biggest client is ghosting your emails. The burn rate is suddenly looking much higher than the runway.

At this moment, your heart rate is elevated. Your cortisol levels are spiking. You are running simulations in your head, and every single one of them ends in catastrophe. You feel entirely out of control.

This physical and mental state is the default setting for most founders. We live in an environment of extreme uncertainty.

We are responsible for outcomes that are often determined by variables we cannot touch.

So how do we navigate this? How do we keep building when the ground beneath us is constantly shifting?

The answer might lie in a philosophy developed in ancient Greece and Rome. It is called Stoicism. But before you roll your eyes at the idea of philosophy, let me clarify something.

This is not about sitting in a toga and debating the meaning of life. There is no meditation involved either. This is not about suppressing your emotions until you become a robot.

This is a mental operating system designed for high-stakes environments.

The Dichotomy of Control

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The central pillar of Stoic thought is the dichotomy of control. It asks us to ruthlessly categorize everything in our lives into two buckets.

  • Bucket one contains things we can control.
  • Bucket two contains things we cannot control.

In a business context, this distinction often gets blurry. We trick ourselves into thinking we can control the market. We think we can control whether an investor says yes. We think we can control if a competitor launches a copycat product.

We cannot.

When we pin our emotional stability on these external outcomes, we are setting ourselves up for anxiety. We are gambling our peace of mind on a dice roll.

So what is actually in bucket one?

Our own actions. Our own judgments. Our own character. The quality of our code. The clarity of our pitch deck. The frequency of our sales calls.

When you shift your focus entirely to the inputs rather than the outputs, a strange thing happens. The anxiety dissipates.

If you lose a deal, but you know you prepared perfectly and delivered the pitch with precision, there is no regret. There is only data to be analyzed.

We have to ask ourselves why we struggle with this. Is it because deep down we believe that worrying about the result will somehow change the result? It won’t.

The Pre-Mortem of Disaster

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There is a practice in Stoicism called premeditatio malorum. It translates to the premeditation of evils.

Modern business culture tells us to visualize success. We are told to manifest our destiny and look at vision boards of Ferraris and IPOs.

The Stoics argue that this makes us fragile.

If you only visualize success, you are psychologically unprepared when reality hits you in the face. And in business, reality hits hard.

Instead, we should visualize disaster.

Before you launch a product, sit down and imagine it has already failed. Imagine the server crashed. Imagine the users hated it. Imagine the press tore it apart.

This sounds depressing. It is actually liberating.

By walking through the worst-case scenario in the safety of your own mind, you strip the fear of its power. You realize that even if the worst happens, you will likely survive.

More importantly, it allows you to build contingencies. If you have already mentally simulated the server crash, you probably have a backup plan ready.

When the crisis inevitably arrives, you are not paralyzed by shock. You have been here before. You recognize the terrain.

Removing the Ego from the Data

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One of the hardest challenges for a founder is separating their self-worth from the business’s net worth.

When the graph goes up, we feel like geniuses. When the graph goes down, we feel like failures.

This is an error in judgment.

The Stoics talk about the view from above. It is the practice of zooming out to see the wider context.

In the grand scheme of the global economy, or history, or the universe, your quarterly revenue target is insignificant. This is not meant to make you nihilistic. It is meant to make you objective.

When we are too zoomed in, every problem looks like a mountain. A negative comment on social media feels like a character assassination. A delayed shipment feels like a betrayal.

When we zoom out, we see these things for what they are. They are just data points. They are obstacles to be navigated, not personal attacks.

If you can look at your business as a scientist looks at an experiment, you become dangerous. A scientist does not cry when the litmus paper turns red. They just note the result and adjust the formula.

Can you look at your churning customers without feeling rejected? Can you look at your burning cash without feeling shame?

If you can, you can fix the problem. If you can’t, you will just wallow in the emotion of the problem.

Loving the Obstacle

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There is another concept, amor fati. It means a love of your fate.

It is the idea that we should not just tolerate the difficulties we face. We should embrace them. We should treat every setback as raw material for our work.

A competitor stealing your idea is not a tragedy. It is proof that there is a market. It is a challenge to innovate faster. And it is still outside your control.

A rejected funding round is not a death sentence. It is an opportunity to bootstrap and retain more equity. It is a chance to force discipline on your spending.

This is difficult. It requires a rewiring of our instinctual response to pain. We naturally want to run away from discomfort.

But the builder mentality requires us to run toward it.

Every problem you solve increases the enterprise value of what you are building. If it were easy, there would be no barrier to entry. If there were no chaos, there would be no need for your leadership.

We need to stop wishing for things to be easier. We need to wish for the strength to handle things as they are.

The Daily Practice

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Reading about this is easy. Doing it is incredibly hard.

Stoicism is not a certification you earn. It is a practice you perform every day. It is like brushing your teeth or going to the gym.

You will fail at it. You will lose your temper. You will panic. You will obsess over things you cannot control.

That is okay. The goal is not perfection. The goal is a quicker return to baseline.

When you feel the chest tighten, catch yourself. Ask the question.

Is this in my control?

If the answer is no, you must ruthlessly cut the emotional cord. You must turn your attention back to what is in your control.

Your effort. Your response. Your next step.

The business world is chaotic. It is unfair. It is unpredictable.

You cannot organize the world to suit your preferences. You can only organize your mind to navigate the world.

Start there.

Keep building.