By Jesús De Hoyos Freymann
The best-kept secret for entrepreneurship and success comes from the remote and small island of Okinawa in Japan. It is said that its inhabitants have a purpose for which to get up every morning and enjoy life.We hear a lot about why it is so important to have a business with a purpose beyond money. Tony Robbins, the best-selling author, life coach, and public speaker, is convinced that just accumulating achievements will not bring you happiness or success. Robbins says “when you add value to people’s lives and you can see their faces light up, that doesn’t compare to money. If you run your business in a way that adds value to people, you will do well financially ”
On the other hand, Simon Sinek, author of “Start With Why” (The key is why), talks about the importance of all people and businesses wonder why their existence. Sinek says “people do not buy what you do, but the reason why you do it.” If that motivation is not clear and there is no purpose behind the companies, they will be like an aimless weather vane, full of confused customers and unmotivated employees.
A recent Deloitte study reveals that organizations that focus their energies on a purposeful culture that goes beyond making money are more successful in the long run.
It is proven that 90 percent of people who say they work in an organization governed with a sense, consider that they are doing well financially. On the other hand, 58 percent of millennials are willing to receive 15 percent less of their salary if their values are aligned with the purpose of the company.
In short, purposeful companies have higher talent retention and more motivated employees. Not only that, but they also have more loyal and brand-committed customers. Businesses that do not have a purpose are increasingly losing market share to firms that are not only focused on being profitable, but also add value to the community.
What Does It Have to Do With Okinawa?
All these companies come up because they have what in Okinawa they call ikigai, the reason for existing of each one of us, aligned with the motivation of the world around us. It is a philosophical concept that talks about giving meaning to life.It is no coincidence that Okinawans are the longest-lived on the planet.
Maybe you can do what you really like and enjoy, for which you have the skills and passion to achieve it, but if you do not align it with the market, you will simply have a hobby or a business doomed because it will not be profitable.
Even if your business adds value to the community, you have the skills and abilities to do so, you have the passion and you enjoy it, but again it is not aligned with the market, what you have is not a business, it is a foundation or an organization without profit, in other words, you will be happy but poor.
On the other hand, if you align it with the market and have the ability to make it profitable but without adding value to the community or people, you will have a hollow and purposeless business that, as we have already seen, will lose market share compared to others. that they do. Your customers will lose interest and your collaborators will not be sufficiently engaged.
Finally, if you manage to have a business that gives value to the community, that is part of a market but you do not have the skills or talents and it is simply something that you do not like, you will end up on a dark and boring path being an employee of yourself, frustrated by the inability to succeed due to lack of skills or unmotivated by having entered a daily routine that will drag on without end.