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Profit from an Ownership Mentality

1/27/2012

2 Comments

 
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Do you have a worker mentality or an ownership mentality at your job? If you don't own your own business you may wonder why you'd even consider such a question.

Having an ownership mentality, thinking like an owner, fundamentally changes the way you approach your work. You can't do your job the same ever again. Consider the differences between an "owner" and a "worker." 

The worker focuses on the task. The owner focuses on the client.

The worker focuses on the obligation. The owner focuses on the opportunity. 

The worker focuses on the obstacle. The owner focuses on the outcome.

The worker focuses on the clock. The owner focuses on completion.

The worker focuses on making a sale. The owner focuses on building a relationship.

The worker focuses on wages. The owner focuses on profits.

Consider how an owner answers the phone at his own store or how he greets a customer. Consider how an owner prioritizes his time or looks for new innovative ways to attract new business. Do you have that same mindset? Do you have the same level of care and concern?

If you're merely putting in time, you likely don't. Sure, you may be doing "what you're paid to do," and you may be good at it, but that's still not the same as thinking like an owner. 

That doesn't mean a worker is rewarded in the same way as the owner. But, neither is he taking on the same risks. What it does mean is that when your orientation is toward ownership and not merely the job, your time at work takes on a whole new meaning. End result: your performance improves and you become more valuable. 

Not a bad thing!

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2 Comments
TB
1/27/2012 12:14:07 am

Ironically, a valid reminder for owners as well. As well as a great metric for evaluating employee performance.

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Wes link
1/27/2012 12:38:47 am

Right, it's easy for anyone to lose sight of what's important - even the owner. Thanks.

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