This is a sad end to a wonderful project. Derek Powazek has left JPG, the photo magazine he and his wife Heather founded. The story is worth reading, especially for the grace and tact with which Derek tells the story. But I was most taken with what he learned from the whole imbroglio:
What I Learned
If it’s any help to other entrepreneurs, here’s what I’ve learned.
- Make no assumptions when it comes to roles and responsibilities. Like my dad says: “Someone’s gotta call quittin’ time.”
- Communication between partners is mandatory. And you cannot communicate with someone who is not communicating with you.
- Decisions aren’t decisions if you have to keep making them. Set on the course and stick to it. If you keep talking about things that have already been decided, nothing will ever get done.
- When someone says one thing, but acts in a contradictory way, you have a choice between believing their words or believing their deeds. Believe their deeds.
- Never let anyone tell you what you want. When someone says, “You don’t want that,” what they really mean is, “I don’t want you to have that.”
- Don’t stay where you’re not wanted, respected, or happy. Even if it’s your company.
This is a classy, heartfelt move. Derek, you did the right thing. Good luck to you and Heather.