
“In Good to Great, Jim Collins shows that all great companies define and pursue a hedgehog strategy. That’s the intersection between what the company can be best at in the world, what it’s passionate about, and what makes money.
Talent is the seed for passion, since you tend to like the things you are good at. Once that seed is nurtured with some success and positive feedback, you are motivated to practice or learn more about your field of endeavor. With effort, your talent grows, as does the reward and motivation, and soon you find that you are extremely passionate as well as motivated to the point where someday you believe you may become the best in the world at it. If the talent and passion can be used to make money, it is a hedgehog.”
~By Mark Hellerstein, Chairman, CEO, and President of St.Mary’s Land & Exploration Company
in Trump: The Way to the Top: The Best Business Advice I Ever Received
I have found that people do love the things they are good at. It makes perfect sense. And when you have a chance to make money doing those things, work can be a pleasure. Who knew that was called a hedgehog? I love researching, marketing and sales, nurturing, agriculture, talking (typing), socializing, and networking to name a few. All of these loves are used in my business.
Leave a comment and tell me how you have used your passion and talents to make money.
November 28th, 2008 | Tags: Add new tag, advice, business, business advice, hedgehog, Jim Collins, Mark Hellerstein, St. Mary's Land & Exploration, The Way to the Top, Trump | Category: Business Matters, Weekly Web Finds | Comments Off