It’s time you stop dreaming! This might seem like an odd statement from someone who truly believes in following your dreams and encourages people to set up businesses. After all dreaming big can serve as motivation and is the start of any new venture. Dreaming big can also be problematic and might be holding you back. Today I was in a meeting with Jarek Suchowiecki, a rallycross racer and team leader. Jarek was telling me his story of coming to the UK, working hard for other people, starting his own business and now following his passion as a rallycross racer. His story was motivational, to say the least, and he tells it with such passion. Jarek has followed his dreams, and they’ve served as great motivation. His shelves are full of the medals and trophies he’s won in both rallycross and cycling, but according to Jarek, he has no dreams.
I was recently asked about the legacy I wish to leave. The context of this discussion was within a business leadership group I attended where we were encouraged to dare to become the next Elon Musk. This got me thinking. Not just about whether Elon Musk is someone to aspire to be like or not but to the nature of legacy. For business owners and entrepreneurs, there can be an expectation of seeking great wealth and power and leaving that legacy to future generations, either within your family or within your corporation. See my blog titled “Defining Your Success” to see my opinions on this expectation. This understanding fits well with Cambridge Dictionary’s first description of legacy. Cambridge Dictionary describes legacy as “money or property that you receive from someone after they die” or “something that is a part of your history or that remains from an earlier time.” It’s
One of the challenges that comes with running a business is the competitiveness of your fellow business owners, entrepreneurs, or even by those working within an organisation. Your status, and therefore people’s willingness to listen to your opinions come from their perceived notion of how successful you have been. It’s an understandable concept. People don’t want to take advice or listen to the stories of someone who hasn’t achieved the goal you expect them to. The problem tends to be how we conclude if someone is successful or not. This is an issue that has been on my mind for many years, the marks of success, and was re-awoken recently when I was asked how much money my business makes. In my experience at business events, two questions tend to be commonplace. “How big is your team?” and “how much money do you make?” These are the traditional marks of