In a previous post we spoke about the top 3 pieces of advice, today we are diving a little deeper and going to look at item number one, VISION.
Vision is determining where you’re going, your north star. A shining beacon that keeps you on course no matter the weather. It could be your dream translated into a statement, or literally how the organisation looks like in 20-years or maybe how it looks like at the end of your life, it could also be what you want the company to remembered for or known for. It answers questions like what legacy do you want to leave behind? What is the purpose of this organisation? If your only goal is to make money, go get a job, work hard and climb the corporate ladder. 95% of businesses fail in the first five years. Truth is, even if you do make it past the 5 year mark… your personal take home income may never be as high as what you’d be earning as an employee.
95% of businesses fail in the first five years
Continue reading “North Star”
They say life is not about the destination but the journey. And its a long journey, so who you travel with makes all the difference.
If you’ve decided on where you’re heading (the vision) and you’ve got on board a ship (the company), you can’t steer a massive ship all by yourself so working and piloting the ship to your destination requires a crew. A crew that has to be made up of sailors, navigators, engineers, deck hands and a host of other shipmates who are required to perform a plethora of functions to keep the ship afloat (financially sound!) and on the right course.
“If you want to go fast, go alone. If you want to go far, go together.”
To get to your next port of call smoothly, you are gonna need to have the right people on board, people who are equipped with the required skills to perform the job functions, want to go to the same destination as you and most importantly have the right attitude and personality. The latter because when you’re in the middle of the atlantic, a mutiny could cause irreversible damage that would send you off-course or worse yet, sink the ship. It is imperative that the ship is manned by a crew who work well together and trust each other. Continue reading “Shipmates”
An inspiring friend asked me this question after hearing of the wins and lessons i faced throughout my journey as an entrepreneur; What are the 3 most important pieces of advice would you give to someone who wanted to start a business. I’ve been asked this question in different forms a few times and the ensuing conversation was a truly meaningful one which hit close to the heart both for my new friend and i.
So briefly, here are my top 3 things i’d share with anyone. We’ll dive deeper into each individually and a couple more in future posts. Continue reading “Before business”