Coffee Break with Firm Learning - Ownership Mindset
Speaker: Heinrich
Location: Munich
Introduction
- Beautiful weather in Munich.
- Had brunch with an entrepreneur friend.
- Discussed a new employee lacking an ownership mindset.
What is an Ownership Mindset?
- Critical for new joiners and business professionals.
- Distinguishes average employees from outstanding ones.
- Involves feeling completely responsible for tasks from start to finish.
Challenges for New Joiners
- Lack of knowledge and understanding in early months/years.
- Reliance on team leaders and colleagues to check work.
- Develops into a mindset where employees depend on others to finalize or fix their work.
Importance of Ownership Mindset
- Producing client-ready deliverables from the start.
- Not relying on others to pick up the slack or fix errors.
- Annoyance and time loss for team leads due to incomplete work handed over by new joiners.
Mindset Hack from Mackenzie
- Ask yourself: Are you confident that your work can be sent to a board member with your name on it?
- If not, go back and improve it until it meets that standard.
Tips for Developing an Ownership Mindset
- *Gather Required Information:
- Don’t push tasks back due to lack of information.
- Proactively reach out to colleagues, other departments, and do research.
- *Anticipate Needs:
- Think ahead and include necessary but previously unspecified details (e.g., additional charts or diagrams).
- Understand the intention behind tasks to ensure deliverables solve the actual problem.
- *Proactive Communication:
- If you think additional work is needed, discuss it with your team lead beforehand.
- Make recommendations and propose solutions proactively.*
Conclusion
- Develop an ownership mindset to be successful in any industry or organization.
- Ensure your work is complete, client-ready, and does not rely on others to fix or finalize.
Call to Action
- Like, subscribe, and comment for more content.
- Feedback and suggestions for future videos are welcome.
Closing
- Many pieces of content planned for the future.
- Stay informed by subscribing.
- Thank you for watching and have a good day!