Tuesday, December 02, 2025

New INC. Magazine column from Howard Tullman

 

You Carved the Turkey. Here’s What You Need to Slice Next

This is a once-in-a-lifetime chance to simplify, shrink, and get rid of old rules and processes that no longer make sense in our new global economy.

EXPERT OPINION BY HOWARD TULLMAN, GENERAL MANAGING PARTNER, G2T3V AND CHICAGO HIGH TECH INVESTORS @HOWARDTULLMAN1

Dec 2, 2025

 

As we reflect on a bittersweet Thanksgiving for so many—and the very uncertain prospects for the coming year that may deliver even worse greed, sycophancy, and narcissism than the year we’ve just suffered through—we’ve still been afforded a moment with family and friends to take stock and determine what actions and commitments in our lives and businesses are things that we want to do and really worth doing.

It’s a great time to dump the many painful and useless efforts, activities and appendages we’ve accumulated like barnacles over the years, which no longer make sense, justify their cost and weight, or even offer us joy, comfort or solace. Life and the time we have are both too short to chase empty dreams and false hopes.

Without apologies or excuses, as we finally distance ourselves from the ravages of the pandemic and try to get past the everyday offenses, the sheer gluttony and grift, and the disgusting self-dealing we see in D.C., we’re at a point where we can simply and swiftly shed portions of our own past actions, behaviors, and “obligations” without paying any real social or emotional price.

Many of us who were lucky enough to survive the past year physically, mentally, and financially without our lives and businesses being damaged beyond repair definitely feel that we dodged a bullet, even as we’ve sadly watched our country be torn apart by a corrupt criminal. Now’s the time for every business owner to start the year-end review and begin the process of determining when and where changes need to be made to move away from our past.

It’s not a matter of restoring or even rebuilding the old; it’s a time to reinvent and reimagine the future of what can be. The trick for tomorrow will be to learn how to strip down and simplify our products and services and our lives as well to get more done with less. It couldn’t be more important to get back to basics and focus on solid execution and on delivering on the promises you’ve made to yourself, your family, your employees, and your customers. It’s a time to ask not just how and when, but why as well. If there’s no compelling reason to offer or provide something, maybe there’s no need at all, apart from sheer inertia, to keep doing certain things, other than that’s the way things have “always” been done.

The greatest single failing of most entrepreneurs is that they rarely know when to stop. Sometimes you just need to take a breath, take the win, and stop pushing and selling. For many established businesses, this is a once-in-a-lifetime chance to simplify, shrink, and get rid of old rules, processes, and commitments that make little or no sense today in the new global economy. For example, the pandemic taught us that speed, access and resilience, not space and travel, are clearly the drivers of the digital world. Somehow, many of the excesses of the past that seemed so essential now feel unnecessary and wretchedly extreme.

As sad as it may be for some, we no longer respect tradition or even history; it’s all about innovation and novelty. At way too many companies, traditions are simply costly encumbrances and nothing more than excuses to avoid change. Over the years, just like ships, businesses develop barnacles and accumulate things that they ask their people to routinely do, even if no one remembers exactly why. In the age of Docusign, hunting down and paying a notary public to sign off on certain legal documents is just one of many stupid remnants of times gone by, which need to be put down and done away with. We’re finally seeing a digital solution to that particular ancient artifact. Illinois, under our new Secretary of State, Alexi Giannoulias, is leading that charge.

For startups, the post-pandemic “pause to reflect, refresh, and redo” is an even more critical chance to course-correct and fix things before they solidify, and you get stuck with them as you rush to return to business as usual. Now’s the time to get out from under commitments you made that no longer make any sense, promises that were premised on powers you’ve learned you no longer possess (and maybe never had), and plans to grow and scale which require radical reappraisal.

Anyone can make a mistake, but if you continue down the wrong path, you run the risk of internalizing and institutionalizing the bad behaviors and making it exponentially much harder to ditch them down the line. Where you came from and where you were headed is still relevant, but being a prisoner of the past serves no one and makes no sense. Don’t be afraid, wherever you’re at in your company, to ask why and occasionally to question and challenge even some of the “feel-good” things you see around you. And, of course, losing sight of reality and practicality aren’t limited to business choices and decisions. Overdoing just about anything is now an omnipresent part of our life and times, and too much apparently is never enough for some people.

 

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