Recently, I've observed some people on how they perceived & run their businesses.
Initially, any business venture is hungry for profits and cashflows as to keep their neck above the water from being drown with a loss. Upon the survival mode, it is time to switch gear to a growing mode. While growing it, we have to build a strong foundation on supporting the growth with systems, principles and teamwork. Once the compass is define with mission, cultures & values and a leadership team is formed, it is time for exponential growth, which is multiplication! Eventually, sustainability is the key to continue growing and maintaining the business without losing its essence and the original "why" that it exists in the first place.
It can be summarized as:
Creation --> Survival --> Growth --> Support --> Multiply --> Sustain
The summary is short but the process may take a decade!
That's why a business manager can only grow a business linearly.
While a business entrepreneur will grow it exponentially.
What is the difference?
One stand for profits. The other stand for something bigger than profit!!
One keep on taking. The other keep on giving.
One is looking on the short term. The other is building a legacy.
One is developing followers. The other is developing leaders.
One is working on people's weaknesses. The other is discovering people's talents.
One is thinking about greed. The other is thinking on creating values.
When a slight change of mindset & direction occurs, it will create a big impact when we stretch the time frame 10 years down the road. In anyway it is, there is no right or wrong. It is the heart & mind of the founders itself. I personally respect either business managers or business entrepreneurs because it takes guts to create something and to walk a journey separated from the crowd. But the way to create a business and the way to grow it needs a different mindsets & skillsets.
Imagine if every entrepreneur creating businesses to create values, the market will be a better place for all!!
I feel grateful and wish to thank all the business creators out there. Whatever it is, a big THANK YOU for driving a nation forward and to create jobs for people.
Dear Business People, you are the Hero afterall!
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