Takeaways from Jason Dorsey’s Redefining Rich-Maverick Minute that’s Part of My Very Important Perspective in Life Before I Read it Today: My Shared Consciousness for a Long Period of Time
by Byron M. Vidal
Jason Dorsey’s friend had taken his company public. He was worth a fortune (think: winning the lottery every week for a year).
From Jason Dorsey’s friend, “I don’t judge my success based on our stock price or how much money in the bank—-or even what I leave to my kids. I judge my success based on how many of my employees leave our company to start their own business.”
From Jason Dorsey himself:
I found this shocking, not only because if I were in his shoes I’d at least get one fancy car, but also because his company is consistently rated a Best Place to Work in the entire state of Texas—-and that’s a big state. Yet here he is saying that success to him was all about empowering his own employees to leave his company and start their own entrepreneurial journey.
The more I thought about my own definition of success—-which over time has changed from a fast car to quality time at the park with my 3-year-old daughter—-the more I realize success is never achieved. It’s a journey of personal growth.
When we help others achieve their goals, like starting a company or a nonprofit, we give our employees the opportunity to re-create the same scenario with their own employees. The cycle continues, and generations benefit from it.
Encouraging employees to leave their jobs to start their own businesses flies in the face of an all-important employee metric: retention. But as my friend shared with me, the more he helps his employees develop the skill set and mindset needed to start their own businesses, the more talented employees he attracts to his own company.
Still from Jason Dorsey:
Success is not buying a sports car, taking your company public for $500 million or retiring early, but rather helping others to pave their own paths so they can impact the world in their own positive ways. Wealth is what we give to others to pass on through their own actions, lives and journeys.
And that is why I keep that old Corvette poster from eighth grade in my garage—-to remind me that how we define success changes as we do. (And maybe, just maybe, my daughter will want that poster someday. That, or she’ll think it’s cool I have a picture of an antique hanging on the wall!)