May 13, 2009 - Are You Growing or Dying?

Main Idea

What is your business’ most important asset? Where would your company be without the people who run your operations everyday? What have you invested in them? What have they invested in themselves? Beyond that, what is your own personal development plan?

Expansion of Idea

Wikipedia defines personal development as activities that improve self-knowledge and identity, develop talents and potential, build human capital and employability, enhance quality of life and realize dreams and aspirations.

Most small business owners have realized their aspirations of going into business for themselves. But what areas of your life could you use development? Maybe it’s as simple as taking a college course, or attending a seminar on a relevant topic to you. It may be necessary to rearrange your schedule to make time for development activities. Some may get up excruciatingly early to squeeze in a workout session to achieve fitness goals, or make child care arrangements to study a professional development book.

What about the people you employ? When was the last time you met with your employees to see what skills they want to learn or further develop? Maybe there is a work skill that needs fine tuning. Whether you send them to a one or two-day seminar, or a semester class, it is important to help your people grow. Helping them feel confident in their role in your company will provide tremendous results.

Personal development is something everyone should invest in. As the old Chinese proverb goes, “Be not afraid of growing slowly, be afraid only of standing still.” You won’t ever reach perfection, but one should always strive to be the best they can be.  The benefit for the company is very clear.  When the company encourages personal growth, business growth will follow.  Nature tells us that we are growing or dying.  That is a choice only we can make.  

Areas to Start:

  1. Ask your employees what areas they need to develop, and help them follow through.

  2. Set a good example by developing your own skills and talents.

  3. Read a development book in the area of your choice.      

  4. Attend a seminar to develop your skills.