Organizational transformation is inevitable. When an old structure, concept, or core domain is not working, the organization has to undergo transformation to survive. There is neither shame nor a need for sadness in making the organization go through transformation, many times even painful ones.
No adversity can kill the spirit of entrepreneurship. Ups and downs in revenue, profit or loss, competitor tactics, customer pressure, negative comments, lack of employee loyalty, and many such challenges can never kill the spirit of business.
Many people fail to understand and see this spirit of entrepreneurship. They are surprised when a business continues to thrive despite the challenges it faces, the adversities it encounters, and the failures it experiences. Yet it keeps evolving.
Since nothing is permanent in this world, why should a business owner worry about things that change, get destroyed, or move on. The only constant in life is change. Hence, without worrying about the existence or continuity of every single thing, a business owner should continue doing day to day work with ownership and responsibility.
Pick any business, from the smallest to the biggest. None of them are permanent. They all had a starting date, and before that, they did not exist. They operated for some time and eventually shut down. This does not mean the spirit of the business dies. It carries forward in many other forms, in the hearts of employees, their families, vendors, competitors, partners, and others. When a new business starts, the same cycle begins again.
Many people cannot understand the bug of entrepreneurship. They fail to understand why an entrepreneur takes so much pain. They cannot relate to the vision of the entrepreneur.
Entrepreneurship is tough, and entrepreneurs are rare. But when entrepreneurs fight for their business in the right way, it can bring happiness, success, fame, and money.
However, if a business owner hesitates to take tough decisions, he or she is often seen as a coward. Respect from peers reduces, and the system around starts perceiving the owner as timid. Rumors about limitations begin to spread, quickly affecting the dignity of both the person and the organization.
When an owner avoids addressing the issue at hand and quits responsibilities due to emotional reasons, people do not consider the emotional logic behind it. They simply label the owner as a coward. Competitors take advantage of such situations and actively spread rumors about the owner’s limitations and decisions, forcing others to see the business owner as weak.
On the other hand, if the owner addresses the issue and allows the necessary transformation to happen, there are only two outcomes, success or failure.
If the owner fails, at least there is peace in knowing that the best effort was made. This feeling is liberating and leaves no lifelong regret. Such a person is often remembered as someone who fought well and earns respect for the fighting spirit.
If the owner succeeds, it brings recognition to both the individual and the team. The business thrives, success and fame follow, and the organization moves closer to fulfilling its vision.
In both cases, it is a win. Hence, a business owner should continue doing the required work without worrying about the outcome.
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