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The EntreLeadership Podcast
#390: Why Does Your Business Exist? with Jimmy Mellado
Aug 31, 2020
Jimmy Mellado, President and CEO of Compassion International, shares insights on the importance of connecting your business to a deeper purpose. He emphasizes how a strong sense of mission fuels resilience, especially in challenging times. The conversation covers managing stress and the necessity of intentional work-rest rhythms for effective leadership. Mellado also discusses the significance of financial reserves in preparing for crises and reflects on transformative service, urging leaders to adapt and support their teams with compassion.
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Quick takeaways
- A strong sense of purpose acts as a guiding principle, providing direction and fulfillment for both individuals and organizations.
- Organizations often start with a survival mentality, highlighting the importance of refining their purpose over time amidst operational chaos.
Deep dives
The Essence of Purpose
Purpose is described as the reason for existence and is fundamental for both individuals and organizations. It provides direction and a sense of fulfillment, acting as a guiding principle that drives actions and decisions. The speaker emphasizes that the journey to discovering one’s purpose often starts from a young age, influenced by personal experiences and aspirations. For example, the guest recalls his early passion for the Olympic movement, indicating that a clear purpose propelled him through years of dedication and hard work.
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