One
of my pet peeves is the line, “Think like an Owner”. You can’t fake Ownership.
Ownership gives you a vested interest in the distant future. It turns you from
an extraction, to a foundation-building mindset. The most important wealth
creation factors are time and compounding. Building something that exists
beyond you. Building institutions. I have seen first-hand the difference in
mindset of someone walking into, and out of, a meeting where they are given
part ownership. Suddenly, they are interested in all areas of the business.
Suddenly, their silo melts and they are able to see the importance of
communication, cooperation, circles of competence, and institution building.
Ownership isn’t a share of the profits. Ownership is a share of the future. A future
that isn’t just about you. Don’t think like an Owner. Be an Owner.
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