The Secret Weapon 2 Famous Founders Deployed to Build Their Mega-Successful Companies

As Steve Jobs and Jeff Bezos found, success comes when you turn your business into a reflection of your values.

learn more about Natasa Lekic

ByNatasa Lekic

Justin Sullivan | Getty Images

Opinions expressed by Entrepreneur contributors are their own.

Businesses can outperform their competitors when they're direct reflections of their founders' unique vision. To illustrate, consider this two-part pop quiz:

  • Which company is infused with a zen-like commitment to simplicity? Hint: It bucks the status quo and forges new frontiers (or, at least, it used to).
  • Which company is especially analytical? (Hint: Each move is as carefully calculated as a chess grandmaster's, and it thinks many years in advance to achieve market dominance.)

If you guessed Apple and Amazon, in that order, you're right. Apple is still driven to create the sleek,simple designs that captivated Steve Jobs. That's why in the second quarter of 2018 alone the company sold more than52 million iPhones.

And, Amazon, somewhat by contrast, excels at leveraging data for strategic purposes. That's atrait exemplified by its founder, Jeff Bezos. Data, in fact, is how Amazon has been able to revolutionize direct-to-consumer selling, completelycutting out legacy retailers, such as Walmart.

Related:Jeff Bezos: 9 Remarkable Choices That Shaped the Richest Man in the World

Jobs and Bezos recognized their core values early on. They then translated those values into a vision, turned the vision into a reality and built an empire on a foundation that was natural for them. The message: Companies are better off when they understand who they are and how they excel. And that understanding originates with the founder.

Turning core strengths into confident startups

I fully believe thatentrepreneurs are made, not born, but some aspects of our earliest selves end up propelling our professional lives. In other words, the seeds of success are there from the start.

This is a lesson I learned after attending arecent workshopon finding your core values. The moderators -- Cesar Quintero, coach at Entrepreneurs' Organization, and Fran Biderman-Gross, CEO of Advantages -- explained that our core values are developed early in life as we learn about consequences, explore risks and develop decision-making patterns.

Those values are the fundamental aspects of our being, which means they're also our greatest strengths. How do you translate those values into business growth? I've relied on the following three-step approach:

1. Do some soul-searching.

In 1974, Jobs famously embarked on aspiritual journey in India. He was 19 years old, and just two years later, he would found Apple. You don't have to travel the world to nail down your values, though. In the workshop, we took theCliftonStrengths testto find the top five strengths that determine how we behave and what we value. Then, to capture our core values, we found ways to translate each of those strengths into deliverable assets by using active, positive language.

For instance, the test revealed that I, personally, am good at seeing patterns where others see complexity. That means I'm able to "simplify complexity" and "craft solutions." Understanding this makes it easy to communicate my true value to potential clients or business partners.

Related:The 5 Gut-Check Questions Confronting Entrepreneurs Every Day

Scientific research backs the value of understanding yourself, too. A study in theJournal of Social and Clinical Psychologyfound that when we see ourselves more clearly, our confidence and creativity enjoy a boost. Other benefits? Wemake better decisions, cultivatemore resilient relationshipsandcommunicate more clearly, according to other studies.

2. Turn your business into a reflection of yourself.

Being aware of your core values is one thing, but if you don't know how to use them, they won't make a difference. Jobs and Bezos both established innovative companies that embodied their core strengths. And they grew those companies into giants by surrounding themselves with like-minded people. You should do the same.

When you have a team of employees who share your core values, you have a tight-knit, powerful force.Research from Gallupshowed that among companies studied, such value sharing helped prompt an 8 percent decrease in turnover and a 4 percent increase in profitability. So when you're conducting interviews, give candidates a plus or minus for each similarity and difference -- just keep in mind that hires should be complementary to your values, not necessarily identical.

Communicating the values of the company and evaluating performance in that context is important, too.

Consequently, applying core values is about weeding out those who don't reflect them -- whether that's employees or clients. For example, in my business, NY Book Editors, we value the time and effort that goes intolearning from editorsand crafting prose accordingly. Authors who believe an editor can raise a magic wand and transform their prose aren't the right fit for us.

3. Turn abstract ideas into concrete actions.

Core values can't be abstract ideas. They must be clear and direct enough to animate every aspect of what a company does. Rackspace is a company that lives and breathes its core values -- even though it hasmore than 6,000 employeesand$2 billionin annual revenue. One of its core values is what it callsfanatical support. To keep that value in mind, employees vote for their "fanatic of the month," who then receives a straitjacket to wear -- which is considered an honor.

Related:What Business Leaders Should Learn From Starbucks' Shut Down Day

Companies find different ways to keep their values alive and well. Bezos, for instance, reserves an empty seat at the conference table for "the most important person" -- the customer. Personally, I've found that articulating values at the start of meetings helps to weave them into the fabric of my company. I also strive to embody those values in everything I do, essentially setting a model for my team. This is what it takes to ensure that core values are institutional, rather than individual, characteristics.

In my early days as an entrepreneur, I thought I needed to learn another language, pick up coding skills andgain incredible networking skills. Those skills are certainly valuable in their own way, but I've found that the most important lever to my success was identifying how to use my existing core strengths.

As it turns out, the greatest asset any entrepreneur has is his or her own self.

Natasa Lekic

Founder, NY Book Editors

Natasa Lekic is the founder ofNY Book Editors, a book-editing service in which authors are matched with experienced editors from the Big 5 publishers. She believes every author has a unique story that can inform, inspire and entertain readers.

Related Topics

Editor's Pick

Bad Weather Won't Ruin Your Vacation Anymore —One Company Will Pay You to Enjoy It Rain or Shine
Retirees Are Earning Up to $20,000 Per Month WithOne Fully Remote Side Hustle
An 81-Year-Old Is Suing Over an AllegedScheme That Caused Her to Lose Her Home of 3 Decades
Top Financing TipsAll Aspiring Franchisees Should Know
Is Your Leadership Style More Steve Jobs or Elon Musk?下面是如何告诉,为什么我t Matters.
领导

6 Time Management Hacks to Regain Your Energy

Learn about theses six powerful time management strategies you can implement in a hybrid or remote workplace.

Business News

Jeff Bezos Was Caught on Video Dancing at Coachella, But It's His '$12 Amazon Shirt' That Has the Internet in Stitches

The Amazon founder and billionaire was with partner Lauren Sanchez and famous friends, Kris and Kendall Jenner.

Growing a Business

One Founder's Super-Sized Side Hustle Is Helping Small Businesses — and It's On Track to Generate More Than $50 Million This Year

Joel Holland, CEO of Harvest Hosts, grew the company's membership from 6,000 to more than 250,000 since 2018.

manbetx2.0手机版

How Much Do YouTubers Make in 2023?

Discover how much money YouTubers can earn in 2023. This article explores the factors influencing earnings and offers insights for aspiring creators.

Business Models

How Much Do Uber Eats Drivers Make?

Find out how much money Uber Eats drivers can make in this article. Learn about average earnings, expenses and tips for maximizing income.