Fake boss vs real boss
We all have two bosses, one is fake, the other is real.
A fake boss is someone positioned immediately above you in the corporate hierarchy. He's supposed to care about your performance, but it's not critical that he cares, really. In fact, he cares much more about his job and, of course, doing everything so he can keep it. This is normal human behavior.
A real boss, on the other hand, is the actual owner of the business. He has a deep interest in your performance for the simple reason that ...
His financial gain DEPENDS on your economic performance.
"Economic performance" means how effectively and efficiently you create value for customers.
"Financial gain" means the return on investment that you get from selling your products or services in the marketplace.
Every smart boss, of course, is highly skilled at helping you achieve superior economic performance while giving you a relatively inferior financial reward.
The difference between your superior economic performance and your inferior financial gain IS the source of profit for your capitalist boss. As this gap increases over time (it's called the "profit rate"), your boss gets richer and richer. Your boss thoroughly understands the game of capitalism, therefore he wins. Most employees do not understand capitalism, therefore they lose.
The success secret is to identify the real boss, and learn business secrets from him. A fake boss (someone you report to, according to the organizational chart) doesn't understand business or capitalism, because if he did, he would be a business owner (the real boss) instead of a fake boss. You can't learn much from him from a business standpoint. He may be a good manager, but he doesn't understand business.
To borrow from Robert Kiyosaki's terminology, I guess you could say that there is a Rich Boss, and a Poor Boss.
A fake boss is someone positioned immediately above you in the corporate hierarchy. He's supposed to care about your performance, but it's not critical that he cares, really. In fact, he cares much more about his job and, of course, doing everything so he can keep it. This is normal human behavior.
A real boss, on the other hand, is the actual owner of the business. He has a deep interest in your performance for the simple reason that ...
His financial gain DEPENDS on your economic performance.
"Economic performance" means how effectively and efficiently you create value for customers.
"Financial gain" means the return on investment that you get from selling your products or services in the marketplace.
Every smart boss, of course, is highly skilled at helping you achieve superior economic performance while giving you a relatively inferior financial reward.
The difference between your superior economic performance and your inferior financial gain IS the source of profit for your capitalist boss. As this gap increases over time (it's called the "profit rate"), your boss gets richer and richer. Your boss thoroughly understands the game of capitalism, therefore he wins. Most employees do not understand capitalism, therefore they lose.
The success secret is to identify the real boss, and learn business secrets from him. A fake boss (someone you report to, according to the organizational chart) doesn't understand business or capitalism, because if he did, he would be a business owner (the real boss) instead of a fake boss. You can't learn much from him from a business standpoint. He may be a good manager, but he doesn't understand business.
To borrow from Robert Kiyosaki's terminology, I guess you could say that there is a Rich Boss, and a Poor Boss.
posted by Super Peter at 10:38 AM
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