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Business for personal growth?

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I said in my last post that business was a powerful means to develop and grow people. I have been mulling this a lot lately, and have been wondering what it would mean if that was the entire purpose of business?

I can certainly see my own experience in that way. Working in business has brought me more challenges than pretty much anything else in my life. Firstly, the challenge of making a living. Secondly, learning to interact with all sorts of different types of people. Thirdly, doing all sorts of things I never would have imagined myself capable of.

Maybe that shows what a sheltered life I have led; but it truly has been challenging. Even balancing the demands of work with the rest of my life has stretched me physically, mentally and emotionally.

And yet at the same time it’s been a very safe place to learn. Scary at times, yes, but ultimately there has been little threat to life and limb.

Along the way I have also come to very much admire the people who run small and medium-sized businesses. It seems to me that they take more real risks than those in big business. In a well-salaried, very senior position in a large corporation, yes, you can learn a lot. And yes, you can lose your job. But you are unlikely to lose your house, or your personal reputation. You’re just too well cushioned by salary, savings and a network that protects its own.

Small business owners by contrast sometimes do lose everything, including their reputations with friends and family, and have to start again. There are few golden parachutes in the small business world.

But back to the purpose of business. I know what I am suggesting is not for everybody. Some people do simply want to make money out of business. Others want to do something really, really worthwhile. But for others, including myself, I think the goal is actually personal development and growth.

That may seem rather selfish. But I guess life ultimately belongs to each and every one of us. And we each have a choice to make, between what psychologists call hedonic and eudonic goals.

With the former we choose to make pleasure and joy our aim; and we avoid pain.

I understand the latter to be more about achieving a sense of fulfilment: a life well led, with real purpose and meaning, good relationships, good self-esteem and feelings of competence and self-control.

If this is your life goal, then why not make small business your training ground?

It will stretch you. You will need to learn new skills. You’ll need to become a specialist and a generalist – good enough at all things to be able to tell if you are wasting your own time and money.

You’ll need to be an expert in human relations. Money won’t always pave your way. So you’ll need to develop and rely on much more human strengths: passion, persistence, and the ability to persevere when others would give up.

You’ll need to learn new ways to lead – to help others discover their purpose and turn it into reality – often without recourse to coercive power.

And most of all it will force you to be really honest, to really be yourself; it’s hard to survive and thrive in small business if you adopt and hide behind a role. When things get tough you simply have to reveal yourself if you want to gain and build trust. Only honesty and trust will get you through the difficult times, and help you create something truly sustainable.

From this honesty and self-inspection you’ll also gain self-knowledge and self-esteem, and ultimately a sense of self-control and personal power.

Surely that’s worth shooting for?

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Author: Pete Burden

Asking good questions in a complex world to help people navigate, learn & grow #Coaching #Leadership #ActionLearning #OD Projects & businesses with #SocialValue

2 thoughts on “Business for personal growth?

  1. Great to read your article – I have worked for small companies for the last 20 years and I now run a business with my partner and it’s one of the best things I’ve ever done. I have discovered how important and how fantastic it is to take control of your own life.

  2. I don’t know Pete – it’s an interesting thought. I certainly think you have the opportunity to explore yourself in a way that other avenues do not allow you to. I wonder whether your career (not necessarily in business) acts as some sort of mirror i.e. it’s a reflection of who you are OR maybe it’s more about who you want people to think you are.

    Maybe the more accurately people who know us in a personal capacity can describe how we act in business (and vice-versa) the more content we are?

    A neighbour of mine got made redundant from BT last month. He’d been there 16 years. He was so delighted it is hard to describe. His job was not a reflection of him as far as he was concerned.

    My motto has always been no regrets – I’d hate to get to the end of my career and wish I’d tried something.

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