Why are we in business?
For any of our regular readers or those actively involved with IOIHAN, you know the end of quarter analysis can take any number of forms. It appears this quarter is one of a more internal nature.
Why are we in business and I suppose more importantly, why am I in this business? This analysis is always a great exercise and was beneficial for me in the past even as an employee.
At first glance, it would be to make money and pay bills. I can’t argue that is certainly on the list. But it’s not towards the top and I can say, not even a serious motivator. Countless folks just go through the motions of day to day jobs only to realize at the end of 10 or 20 years that what they did didn’t matter. I have a sign I created facing me every day; “Do something that MATTERS!”
I invite you to take a look at your motivation for what you do – it’s eye opening and liberating, if not a bit scary. Are you ready to hear your own honest truth?
I am very blessed to have chosen my field decades ago when presented with several crossroads. My roots have kept me in the Point-Of-Sale (POS) industry and specifically Hospitality. While I have interests in retail, manufacturing, and a host of others, hospitality has seriously captured my passion.
Sometimes analysis sucks — sometimes it reveals — sometimes it tells a different story than we expect. Listening is a key element in hearing. I have to remind myself of this.
Here are a few of my reasons. I took some time, compiled my list, and ranked them in the order important to me: (it’s quite an interesting exercise and I invite you to do your own)
- I just love this industry
- I want to make a difference, not just a paycheck
- I want to create cool stuff
- I love to learn new stuff
- I think it’s fun to engage against the competition and win
- I like a challenge
- I like being at the helm
I am reminded that there are always things that could be better, circumstances that could be better, conditions that could be more ideal, more time, more money and a host of other factors that could be more in my favor. I am also reminded that the entire globe has limitations imposed on them; perhaps not in the same proportions but restrictions and limitations; it’s the manipulation of these limitations and the activation of the available resources, that make products, companies, and people great. It’s how we shape and form the resources within our reach, not what we hope for, that provide the foundations for our success.
And as Paul Harvey says, now you have the rest of the story — this is the ultimate conclusion of this quarters’ analysis. A strengthening of my inner resolve and a refocus on the competitive landscape, securing the foundation of IOIHAN for the next decade and for how Wolf Scott will contribute his energy. Well, at least until the next quarter. 🙂
Written by Wolf Scott, Founding Fellow at IOIHAN.
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