What’s the Value of Your Business at the End of the Day?

by | Feb 1, 2017

I was in a Facebook group earlier this week discussing with some colleagues the work of a well-known business around creating a business that has value.

Many of the members agreed with the thesis that the value of a business is in what you can sell it for, and that we should be striving to systematise and remove ourselves as far as possible.

It’s an argument that has some logic to it: money is a measure of value and therefore the more money a business is worth the more value it has.

But it’s not how I run my business, or my life (at least it’s not how I aim to even if I am not always successful!).

That same day I came across this quote in a book I was reading which perfectly summed up my thoughts on the subject:

“What you leave behind is not what is engraved in stone monuments, but what is woven into the lives of others.”

The quote is from Pericles, Greek philosopher and politician, and the words seemed so relevant to the debate we’d been having on Facebook. At the end of the day, the best we can hope is that we’ve had a positive impact on the people around us. Whether that’s our family and friends, our immediate connections, whether it’s those we’ve worked with, or those we’ve worked for, perhaps the people we represent who are unable or unwilling to speak up.

I know it to be true that, if you build your business and your career this way, then you will create something great.

And maybe it will be something that also has monetary value 😉

With love,

Cathy

Enter your email address to receive updates and resources from Cathy Presland.

Powered by ConvertKit