Prioritize purpose over profit from "summary" of Company of One by Paul Jarvis
When we start a business, our primary goal is often to make money. We chase after profits, believing that financial success is the ultimate measure of our worth. But what if there's a different way to approach business—one that focuses on purpose instead of profit?Prioritizing purpose over profit means shifting our mindset and aligning our actions with our values. It means asking ourselves why we're in business in the first place and what impact we want to have on the world. When we lead with purpose, we're able to make decisions that are in line with our beliefs and principles, rather than just chasing after the almighty dollar. When we prioritize purpose over profit, we create businesses that...Similar Posts
The why is the foundation of any successful business
The concept that lies at the core of any successful business is the fundamental question of why. Why does the company exist? Wh...
The golden circle: why, how, what
The Golden Circle is a concept that explains why some people and organizations are more innovative, influential, and profitable...
Develop a strong work ethic
Developing a strong work ethic is crucial for achieving success in any endeavor. It involves a mindset of dedication, disciplin...
Stakeholder capitalism benefits all parties involved
At first glance, the idea of stakeholder capitalism may seem counterintuitive to many business leaders. After all, aren't compa...
Believe in yourself
Believing in yourself is not just a platitude. It is not some new-age, self-help nonsense designed to make you feel better abou...
Establish clear metrics to track progress
The essence of any process improvement lies in the ability to measure and understand progress effectively. Clear metrics serve ...
Hierarchies are replaced with circles and roles
In organizations that have embraced a new way of operating, hierarchies no longer hold the same power they once did. Instead of...
Embrace the entrepreneurial mindset
To truly succeed as an entrepreneur, one must adopt a certain way of thinking - a mindset that is focused on innovation, creati...
Leaders must have a higher purpose beyond just making profits
Leaders in the business world must go beyond the traditional goal of simply maximizing profits. They should strive to have a hi...
Adaptability and flexibility are valuable skills in managing money
In the realm of managing money, adaptability and flexibility are crucial skills. The ability to adjust to changing circumstance...