Ever wondered why some companies fail while others thrive in the same business line? Assuming today two people were given the same amount of seed capital to start a similar type of business in the same location, sharing the same customers we can almost be pretty sure that given some time one business will outgrow the other and take most of the customers if not all. Why would this happen? Well, the secret lies in the methods and means these companies choose to achieve their ends. The second aspect of it is having staff who are passionate about their work and finally the focus should be on the network we seek to build, expand and influence.
Mr. Akash V, Director Relativity Management Solutions, shares interesting inputs on what sets companies apart from others and what makes some fail while others succeed. His main emphasis is that; it is not what we do, but how we do it that actually makes the difference. In the world of business, the way we do things is what distinguishes one from the other. He underscores that the end result is important but also the ‘journey’ and ‘the stories across’ matter.
First, any single company, whether still in the entrepreneurial phase or in its advanced stages needs to have beliefs and principles that drive it. The most basic principles derived from his talk include the following.
Integrity is the quality of being honest and having strong moral principles. For any company to succeed in the present world, then its employees have to practice strong moral principles. This will include personal discipline and respect for others as well as being honest in all their dealings and transactions. It starts from a personal level and spans out to the company level.
Growing with others
‘Grow by uplifting others, not uplifting yourself alone’. Growth in any business venture has to be viewed from all perspectives. No single man has ever succeeded at anything by downplaying others. Actually, those who seek to advance themselves have always done so through building themselves a strong network and growing together in this network. The only way to grow is to grow with others. You help them as they help you. As the saying goes, ‘no man is an island’.
Learning is a lifetime process
Learning should never stop at any single time. At age 35 Mr Akash stated that he is still learning and he takes every single moment as a learning opportunity. “I am learning from you now” he stated. There is always something you can pick from every person you meet. Companies that take training and worker development as one of their focus will always rise above others.
Lead by example
As you become more present in your own life, you will begin to enlighten others by your example. If you want more kindness in the world, put some there. As Albert Shweitzer puts it; ‘The three most important ways to lead to lead people are by example, by example and by example’.
Leave a legacy