core values

core values

Paul Millerd shares eleven timeless insights on the value of life and work options.

#1 Valuation & Options On The Pathless Path

When I listen to my own podcasts, I am often surprised at how I don’t fully remember everything from the conversation. This can be embarrassing until you realize that this happens in many conversations. We remember how we feel during rather than the words being spoken.

I recorded an episode about a month ago with a friend, Kris Abdelmessih. After finishing the conversation I remember being excited about what we talked about but it wasn’t until listening again this week that I realized how many great ideas I took from the conversation.

Some of you may read his newsletter, Moontower Meta. If you don’t, you should – it’s a great reflection on life and decision making through the lens of finance and trading, his former profession.

He’s recently left that world behind and embraced the pathless path. Some of his reflections were incredibly helpful for helping me re-frame the conception of my own journey. I’ve included some of these reflections below.

#1 I used to believe in Creativity, Inc.™

Early in my career I never thought of myself as creative. Creative people had titles like “creative director,” or sold paintings, or did crafts with their friends.

Now I realize that turning information into stories that resonate with people is also a certain kind of creativity. One that I can use in many different ways and that I can improve at over time.

Another kind of creativity is being able to navigate modernity. Landing interviews, figuring out how to complete bureaucratic tasks, and getting accepted into grad school all require a certain kind of creativity. I don’t like being creative in this way but can I do it? If needed.

 

Key points include:

  • Expanding the boundaries of creativity 
  • Dealing with dissatisfaction
  • Undervaluing space

 

Access the article and podcast, Valuing Life & Work Options, on Boundless.com. 

 

While many companies pay lip service to company values, and many more don’t pay attention past the brand development and marketing stage, Xavier Lederer shares an evergreen post from his company blog that explains why establishing and maintaining core values are integral to a company’s direction, growth, and success.

‘Corporate culture is the only sustainable competitive advantage that is completely within the control of the entrepreneur.’

– David Cummings, Co-founder of Pardot

The #1 thing I wish I had done differently? I wish that I had developed clear core values and that I had used them in my recruiting process, to filter out candidates that didn’t fit our culture,” said the CEO of this consumer good company that went through a roller coaster over the past decade. Ten years ago his company had a lot of traction, their products were flying off the shelves, and they were in a hiring spree. Several years later they hit a number of roadblocks that put them in a tough financial position – and the impact of their toxic employees (these high-performing employees, whose values are not aligned with the company values, and therefore create a bad atmosphere within the team – and, when they are in sales, with clients) became extremely painful.

What are core values?

Core values are a handful of non-negotiable behaviors that everybody in your company lives by. Core values establish and protect the company culture: they are a set of beliefs that define the desirable and the unacceptable behaviors in the company. Core values are not aspirational – these are rules that you actually live by on an everyday basis. As such core values are timeless: they will still be the same in 100 years.

Core values in a company work just like parenting values. I learned this from my grandmother, who single-handedly managed to maintain a steady discipline in her house full of grand children during the summer months

 

Key points include:

  • Why you should care about culture
  • How to know you have the right core values
  • Clashing values

 

Read the full article, Core Values, An Anchor To Your Company Culture, on ambrosegrowth.com.