Have you ever been blamed for something you didn’t do because the person accountable would not take responsibility for their actions? How did it make you feel? You probably felt at a loss for words as you tried to figure out why the other person did what they did and why they didn’t step forward and take full responsibility.
Taking responsibility for one’s actions is the right thing to do. When you take responsibility you are in fact taking ownership. In business, taking ownership is probably one of the most important things you will learn and it is something you should practise.
Ownership can be defined in many different ways but according to an online dictionary: The phrase “take ownership” means to take responsibility for one’s actions.
This means not blaming other people (or circumstances or society in general) for what happens in your life. It can also involve doing what you need to make amends or correct the wrongs you’ve caused.
In business entrepreneurs need to take ownership of their business as well as their actions. If mistakes are made with clients or contacts amends must be made immediately in one form or another.
What about business development? Do you as an entrepreneur take ownership? Do you learn how to improve your business by using technology or up to date marketing tools to help with the present and future planning of your business?
When you are running a business you need to take ownership because in the end it comes right down to you. Learn from your mistakes, own them and then move forward. Take ownership of the direction your business is moving in and in that way you will have more control.
If you want to talk more about starting or expanding a business, call us and book a free business consultation. We are here to help you. One of the goals of the Centre is to empower small and medium-sized enterprises and give you the tools to achieve success. For more information about Halton Region’s Small Business Centre resources, services, business events and seminars, contact us by dialing 311, 1-866-442-5866, online at www.haltonsmallbusiness.ca, by email at firstname.lastname@example.org or visit us at 1151 Bronte Road, Oakville. You can also follow us on Twitter and find us on Facebook.