3 Observations About Compassion From the Dalai Lama That Could Change Your Method of Entrepreneurship

When compassion guides how you conduct business you do not have to lie to yourself about whether you’re doing the proper thing.

When you have worked running a business as a worker or a business owner, you likely have heard phrases such as for example “crying is for the weak” or “never let them see you sweat.” What these phrases teach us is that emotions — especially “negative” ones — aren’t welcomed at work. They are oftentimes regarded as being too emotional, weak, or unprofessional.

However, as Americans spend additional time at the job and the rise in entrepreneurship and “hustling” continue, today’s business environment is becoming more competitive than ever before. Actually, workplace suicides in america are already increasing. Entrepreneurs, specifically, work typically 63 percent more time weekly than employees. In China and Japan there are even phrases coined to spell it out individuals who die at their desks because of overworking. Within this context, where do people decompress from their “negative” emotions and stress?

Expecting visitors to not show any vulnerability isn’t just unsustainable — it’s nearly nonsensical. Suppressing our vulnerabilities isn’t conducive to long-term growth and success. It’s time to introduce compassion into leadership and entrepreneurship and add an emotional touch to the contemporary business environment.

Dalai Lama is a well-known spiritual leader and teacher. However, his teaching contains profound business lessons that demonstrate how compassion could be incorporated into entrepreneurship and leadership. Here are three lessons from Dalai Lama that will help redefine “entrepreneurship” in a far more sustainable, constructive and “blue-ocean” way.

Dalai Lama’s Lessons for New Grads on Global Responsibility and Compassion

Dalai Lama embodies compassion and will be offering life lessons on happiness. Yet, the quest for happiness is almost an extravagance concept available world. In the end, isn’t business about pursuing underneath line?

It depends. It really is yes in the sense that no business or entrepreneur may survive with no money to pay its employees and bills to keep carefully the business going. Apple is among the world’s most profitable companies, yet its factories in China are constantly coping with suicidally depressed employees. Amazon has faced similar problems with respect to its treatment of its warehouse employees and white-collar staff and Amazon has just raised their minimum wage because of public pressure.

These types of profit-oriented situations could be immediately good for output, however they are long-term productivity killers for businesses. Long-term growth isn’t nearly short-term output. Businesses want to accomplish profit, but also want the individuals who work to allow them to feel happy, fulfilled and engaged.

For instance, the founder of MindValley, Vishen Lakhiani, once gave a robust talk titled, Why Happiness may be the New Productivity. Vishen shared powerful stories that demonstrated that happier employees result in higher productivity and profitability. Vishen introduced “Love Week” into MindVallley’s culture. During “Love Week” employees should show one another love and appreciation via various compassionate deeds. Surprisingly, both employee productivity and company sales improved in this week.

10 Dalai Lama Quotes to cause you to Happier, Stronger and MORE LUCRATIVE

A company is as effective as its team. Leaders have to spend money on their people. If you’re a solo-entrepreneur, spend money on yourself. Don’t use fear to regulate your employees; instead, use want to nurture your people and spend money on their wellbeing and professional development. This new method of running “people operations” isn’t simply for small start-ups or quirky founders. Instead, the necessity for compassion and deeper meanings is needs to take hold in the private industry. Major companies are buying developing more fulfilled and balanced employees.

Companies like Basecamp, a favorite Chicago-based web development firm, offer paid sabbaticals to employees in addition to extensive parental leave. Such “perks” not merely keep employee churn low but also help employees stay fresh and updated with their fields by encouraging them to devote some time for personal development. These compassionate deeds help infuse the business with fresh ideas and innovations.

7 Inspiring Traits of Compassionate Leadership

Typical companies are driven by underneath line. Think about a business that’s driven by universal responsibility predicated on love and compassion, while serving the people within and without?

One primary example is Aetna, a significant US medical health insurance company. Mark Bertolini, the chairman and former CEO of Aetna, was profoundly suffering from a near-death experience and his subsequent recovery. By embracing traditional healing methods like yoga, meditation and chanting, Bertolini could overcome his extreme pain and disability, eventually rising to be the CEO of the business. Bertolini’s experiences affected his outlook for both his customers and employees. It resulted in the business raising their minimum wage for all workers and offering free yoga, mindfulness meditation, and other wellness and therapy programs for employees. Aetna has since started concentrating on “social determinants of health” — a method to combat the social factors behind health issues — to keep its customers healthier and reduce medical spending.

In an identical vein, Google is currently beginning to help customers “unglue” from their cellular devices through a new group of apps and features on its Android OS. This may seem a bit counter-intuitive since Google is a tech company. However, it’s promotion of “focused” screen time is made to help customers have a far more satisfying experience while they are actually using devices.

By designing services and products with a long-term, compassionate and holistic approach, companies from medical health insurance to tech have found alternative methods to be innovative and make happier, healthier cus

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