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Saturday, May 17, 2008

Winning

One of our company's core values is "Winning", and actually the full phrase that goes with this word is, "We play to win." Some people take issue with this core value. I think it's because they think that it's not nice to think about "winning" anymore. If someone wins, it means that somebody else loses.

I was on the phone with my sister this morning who was at my neice's and nephew's T-ball game in which nobody wins and nobody loses and everyone goes home with a little trophy at the end of the season just for showing up. But, in real life, you don't get a trophy for just showing up.

For me, this concept of winning goes like this. It is about teamwork. And, the team isn't just your department, or your company, or your town, state, or country. There's a much bigger picture that must be looked at to really call it a "win."

If The Motley Fool wins in it's vision to become the World's Greatest Investing Community, it means that:
  • Our employees win by having good jobs with great benefits and lots of growth potential in an environment where they are valued and respected.
  • Our customers learn about the best companies to put their hard earned dollars behind and thus reap the financial rewards - enriching their lives and hopefully, the lives of others.
  • The companies that those people invest in are those that: manage wisely, treat their employees well, try to do good things for the environment, participate in their communities, innovate, obey the law, make better products, etc.
  • When those companies win and the opposite lose - that's a good thing for the world overall.

So, winning's not a bad thing. You just have to look at what it is that you're trying to win and how you're going to go about doing it. What does winning mean? If it means making a ton of cash, putting it in a safe, and not using it to invest in the world around us to make it a better place, then that's not really winning at all. That's not playing for the team. If it means acting in any way that's not legal or ethical, then you are hurting someone else in the process and that's not playing for the team either.

What are your thoughts on winning?

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