Like a surfer, 'the search' for the perfect wave always remains
Like a surfer, 'the search' for the perfect wave always remains
If our goal is to build companies that can keep playing for lifetimes to come, then we must stop automatically thinking of shareholders as owners, and executives must stop thinking that they solely work for them. A healthier way for all shareholders to view themselves is as contributors, be they near-term or long-term focused. Whereas employees contribute time and energy, investors contribute capital (money). Both forms of contribution are valuable and necessary to help a company succeed, so both parties should be fairly rewarded for their contributions.