OS 90: Leadership Paradigms: Expanding the Paradigm for Profit
Life is divided into three terms - that which was, which is, and which will be. Let us learn from the past to profit by the present, and from the present, to live better in the future. - William Wordsworth
Here's what I found online when I asked for a definition of "profit":
Simple Definition of Profit
: to get an advantage or benefit from something
: to be an advantage to (someone) : to help (someone)
: to earn or get money by or from something
Are You Focused on Money or Results?
Traditionally, leaders, especially social entrepreneurs running a business, charity, or religious institution, are driven by passion and purpose. Many want to "save the dolphins" without building an infrastructure to accomplish their worthy mission…that's focusing on passion.
Many entrepreneurs are in business to achieve financial gain…that's focusing on money.
Successful leaders have a balanced approach to success. They provide value to others and receive income as a result of the value given.
Looking through this lens of balance allows a leader to review the classics, such as Napoleon Hill's "Think and Grow Rich" and learn something very different...it's not about money. Even Hill stated that financial wealth is at the bottom of his list of the attributes of wealth, because it was the least important of the traits.
In James Allen's classic, "As a Man Thinketh," he noted that we don't attract what we need, we attract what we are.