Ever been to a house where stairs creek, a tap stops leaking only if turned off a certain way and the corner window has a little crack which lets cold air in but the people living there put this fantastic decorative showpiece that blocks the stream and they’re proud of the genius behind it?
Yes, that is ownership.
It’s not always glorious, it’s a lot of hard work (shovel snow or pay for a overflowing toilet anyone?), it’s a lot of commitment and understanding. Yet, the best owners are the ones that thrive the challenges and come out proud and loving!
In a company, your team will always consist of very different kinds of people, (for tech companies, different = weird!) – someone’s wife had a bad day, someone started a new strict diet, someone had a fight with their parents, someone with loved one who’s very sick, or is in financial crisis! Your business will go through different kinds of challenges ranging from “no sales in a while” to “we ran out of water in the office”. You yourself will go through crisis and wonder, is this a real business, will this work, what if we don’t make more sales, what if my key person leaves, how long do I wait? It’s a LOT to deal with. If this a startup, there is a whole different level of instability as the icing.
Good ownership if when you can look forward to solving these problems everyday, you may not know the answers but you know your people, your team feels the same ownership as you do, you understand the subtleties, you love the high of doing something meaningful, you feel empowered, you own the mistakes, you share the victories! You treat your company like a child, your child, which has some bad habits, some defects but you’ll do anything to fix it. And you’ll work as hard as needed. And you look forward to it. It’s not a challenge, it’s your life.