Thinking Like An Owner

By Josh Patrick

Here’s something you may not have thought about: Your biggest asset is your ability to earn money. You should be aggressive to protect and grow this asset. If you want to advance your career, or simply keep your job in tough times, think like an owner.

I spend most of my time working with entrepreneurs. One of the biggest complaints I hear from them is that they don’t have employees who think like themselves.

I have a business myself, and I love to hire people whose parents own a business. These people know how to think and act like an owner. They learn it from their parents.

If your parents don’t own a business, you can still borrow this mantra and change how you do your job. Your value dramatically increases if you do.

Show passion for the company. This is the first rule. You always get the attention of your bosses if they see your passion for what you do. Too often I had people working for me who obviously are just there for a paycheck. These are the ones who are always the first to go when things get tough.

Put the company’s interest first. Too many employees do the opposite. They think about what’s best for them and put their interests in front of the company. Thinking about the company’s best interest means doing your best when you work, and going an extra mile.

Ask yourself: If you owned the company, would you do your job in the same way you do it now? If your answer is no, change your behavior.

Don’t be afraid of making suggestions. Rather than wait until someone asks you what you think, volunteer. If you see a better way of doing things, speak up. If your boss does not adopt your idea immediately, don’t get discouraged.

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