Always Be a Challenger
What happens when your little company becomes big? Many good things, of course. You have access to more resources, more opportunities, talent flocks to your door and global partners seek you out.
But there are also dangers. Big companies can become complacent. They can look back on their history of success and feel as though it is a permanent state. They can become rigid – convinced that their record of success means they need not change.
This is a mindset that saps momentum and puts a successful company at risk. To guard against, as I recently wrote, you must maintain the entrepreneurial mindset. What’s more? Always see yourself as the challenger.
- The challengers are the entrepreneurs. They are the always coming up with new and innovative ideas. Even if you are big, think like an entrepreneur.
- The challengers are the fastest. Big companies can be slow. Even as you grow, keep speed as a critical element of your business.
- The challengers change the world. Big companies may be okay with the way things are, because they are good for big companies. But challengers are the ones that are always asking: how can the world be made better? Even big companies should be concerned about their impact on humanity.
No matter how big you may grow, see yourself as the challenger in your industry. That’s the way you will keep your momentum.
Director & Mortgage Broker | Investor savvy award-winning mortgage brokerage
10 年Because the challenger will always have the hunger to be a champion some day.
Business Consultant
10 年keep thinking how to do better
Leading People Operations and Recruiting @ Mysten Labs
10 年"Keep speed as a critical element of your business". Reading this I was reminded of Rakuten's "5 Principles of Success". No. 5 on that list is "Speed!! Speed!! Speed!!" Full list of principles is here for anyone who is interested: https://global.rakuten.com/corp/careers/aboutrakuten/rakutenshugi/#principles-for-success
Professorial Lecturer | Ph.D.
10 年I do agree. when sun shines can melt mountain of ice. even can make the stone hot enough to change it. I've just used this comparison considering the distance in between sun and earth and from our earth sun looks small but in real it is not. we might think we are small but we are not. the power of mind is the one, identified the winner. do not forget the story of the rabbit and the lion and the mind power of rabbit. Best Regards
Commercial Head | Pharmaceutical Services | Strategy | Marketing | Market Entry | Business School Instructor
10 年Complacency is a dangerous yet ubiquitous disorder. Thanks for some great words of warning.