We recently went through another election cycle, or should I say, a continuous election cycle. The recounts are over and now it’s time for good, old-fashioned political arguing.
The results are interpreted based on one’s perspective. A Democratic leaning business writer wrote how the Democrats picked up seats in the House in spite of the gerrymandering issue. The Wall Street Journal editorialized that the gerrymandering issue isn’t real because the Democrats picked up seats.
The Democrats are glad because with one chamber of Congress under their control they can influence some legislation. The Republicans are glad because the Democrats don’t have both chambers and therefore can’t revise recent legislation.
What about in your business? Isn’t is also all about perspective?
- The owner worries about cash flow and the employees wonder about bonuses and raises. The same amount of money is coming in and there are different perspectives about where it should go as it goes out.
- Is the economy at a peak? A lot of people think it is. Some business sellers want to base the valuation on the last 12 months. Buyers and now banks want to look at multi-year averages.
- With the economy where it, is and to use a sports analogy, do you play to win or play not to lose? In other words, do you take aggressive but smart moves to grow or hunker down waiting for an economic correction, which may be soon or in many years. FYI, in my opinion, in sports, teams who play not to lose usually lose.
Tough decisions all and our individual perspectives are what influences us.
“I don’t think we all have to take the same coordinates to reach the same destination.” (Singer) Janelle Monàe