As we grow up, the desire to get such signs of success – be it a sophisticated villa, a luxury car or a business with revenue in the millions and customers around the globe – grows all the more enthusiastic.
Consequently, we are relentlessly
striving for more: more money, more business, more assets, more luxury items,
more of anything and everything.
But
perhaps the ball is now returning back. It seems that more people are playing
with the concept that excess does not necessarily go ahead to genuine
satisfaction.
Contrary to popular belief,
minimalism is not simply a case of ridding yourself of your possessions, moving
into a tiny house, having a piece ‘capsule’ wardrobe or living a nomadic
lifestyle.
Joshua Becker, the best-selling
author of several books on minimalism and the man behind the widely popular
blog Becoming Minimalist, shared his own definition:
“Minimalism is the intentional
promotion of the things we most value by removing anything that distracts us
from it. Please take note that minimalism is not about reducing the amount of
everything. Quite the opposite: it is about reducing distractions to maximise
more important pursuits.”
This distinction can play a pivotal
role in how an organisation is run.
Often, business leaders plug away
under the premise that bigger is always better. As such, they strive for
expansion into new territories, branch out into different industries and expand
their workforce in the hope of netting greater profits and more apparent
success.
Put simply, bigger business can
involve bigger risk. A higher profile inevitably leads to more exposure – which
is not always a positive thing. Being thrust into the limelight can force
ruffled rivals to investigate nooks and crannies, finding weaknesses or flaws
to counter or highlight.
Higher exposure can also encourage
more competition and a throng of copycats, some of which could ultimately do a
better job. Further, more customers require more support, but rising costs
don’t always correlate with growing profits.
Indeed, bigger can mean more
expenses and more investment, which can dent profit margins rather than widen
them.
Apple serves as a brilliant example
of how this approach can also entail a decisive refocus on a few key products.
Writer and brand strategist Wesley
Gant elaborated further: “One of the most notable turnaround stories in the
history of business was Steve Jobs’ return to Apple in 1997, when the company
was only months from bankruptcy.
“One of his first moves was to
completely eliminate whole divisions, and reduce the product line to just four
products: one desktop and one laptop for the casual user, and the same for the
professional user.”
“That was the start of a course that
would lead Apple to become the most valuable brand in the world. Jobs followed
a minimalist, ‘zen’ philosophy, and Apple’s approach – to business and to
products – became an influential case study for not only Silicon Valley, but entrepreneurs,
designers and CEOs everywhere.”
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