As a business owner, I understand the importance of prioritizing your bottom line, but it's equally as important to consider how you can succeed while also thinking about the long-term impact on the community.
Interpretation
Business success should balance profit with community impact.
This quote emphasizes that while achieving financial success is crucial for business owners, it is equally vital to consider the broader effects of their decisions on the community. A sustainable approach to business not only seeks profit but also prioritizes the welfare of the society it operates within, suggesting that long-term success is tied to community wellbeing.
In practice
This quote could be used in a presentation about corporate social responsibility.
We need to understand the other side to impact the other side. We become much more effective as humans and leaders when we engage in hearty conversations with those who are different from us, not necessarily to change our opinions, but to build the empathy muscle.
Civilized discourse demands critical thinking, self-reflexiveness, sober-headed analysis.
The ideal is to build a culture of healthy discussion, where everyone's ideas are valued. At KIND, we want everyone to be comfortable challenging my or anyone else's ideas without ever feeling or making someone else feel that the questioning is a personal attack.
You have to be very careful. If you over-commercialize a social mission, it completely loses its soul.
My dad had this incredible kindness that oozed through every part of his body. He had the ability to look at life positively in spite of what he went through. He was a Holocaust survivor. When he was 15-1/2 years old, he was liberated from the Dachau Concentration Camp by American soldiers who risked a lot to save people they had never met.
To maintain our entrepreneurial spirit, we have to create a culture in which everyone remembers that every order, big or small - and every interaction, every moment - will define what our company is today and what it will become tomorrow.
So I became a publisher by mistake - well, not quite by mistake, because I wanted to be an editor but I had to make sure the magazine would survive. The point is this: Most businesses fail, so if you're going to succeed, it has to be about more than making money.
The thrill of victory in business blows away the thrill of victory in sports. Business is a sport 24/7/365.
Nothing great will ever be achieved without great men, and men are great only if they are determined to be so.
Failure, failure is so important, it doesn’t get spoken about enough, we speak about success all the time.
Many players want to make as much money as they can and change teams for ten grand. How is that going to make much difference to their lives?
Building a startup community is not a zero-sum game in which there are winners and losers: if everyone engages, they and the entire community can all be winners.
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