Wednesday, May 28, 2014

Are We In This Together?

It's interesting that many entrepreneurs begin their career as an employee. They exchange time and effort for a salary and experience, meanwhile perfecting a vision, plan, and resources. Then, at some point, the budding capitalist decides to launch out on his or her own venture. The entrepreneur chooses personal best interests over the employer's best interests.

Hopefully, after a successful launch and a period of growth, the entrepreneur looks around the workplace to find a bunch of really talented employees. Employees who were carefully vetted and hired based on what they could bring to the company and how they can contribute to the company's interests.

As cynical as it may be, the economy is just a huge group of people making choices in the best interest of themselves. A boss can talk about being a team, having each others' backs, and being in it together. In truth, in it together is just a matter of convenience where everyone's what's best for me is mutually beneficial.

Manage your company towards the sweet spot that optimizes the interests of your clients, your capital, AND your employees. Making decisions in the best interest of your employees might start paying dividends towards the best interests of your customers and capital.

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