There is a term in business known as value-adding. Essentially the concept is that you buy something and add value to it, the more value you add the more profit you generate. I was recently approached about purchasing another business going “under” per say and the first thing i do is go and check out the business, find out why it’s going under and whether the cost of adding value will be worth the initial cost to outlay a return on my investment (ROI).
A few things about value adding – it requires an initial cost or risk, it is hard work and something has to change.
The reason for this blog is many of the times in our fast paced society we see the end result. We see the product once the value is added but we never see the initial courage that it takes, the cost it took and the hard work required. We just see the end.
I had a fellow ask me whilst conducting interviews this week if he could buy into the business however he wanted my assurance that he would have full security of income and no risk.
To this i responded- maybe business isn’t for you, because nothing worth building came without courage and risk.
So as a leader how do you add value to people? Scratch that, how do you add value to yourself, because leadership begins with you first.
First you need to see your own potential (the end picture), now pay the price, do the work, endure the pain and make the changes. It’s simple. Are you inspired by a vision of what you’re life could look like? Are you paying a price to get there? Are you working on yourself? Are you changing?
Pain is inevitable in the midst of this process. The bible calls it sanctification, Jesus our leader changes us for the better to make us more like him, he is perfect and we are not so the process is painful and arduous.
But remember something instead of asking what if, what could go wrong if i did this or did that, what if i changed this or changed that? I’ve alway been inspired by the asking myself the reverse, what if i didn’t?
A diamond would just be a rock if it didn’t endure the heat – Every great innovation would have just been an idea without the pain, Jesus would just be a good guy without the cross and any great leader would have just been another person without the the courage and perseverance it took to endure the hardship.