We are Born to Collaborate (Even if Sheltered in Place)

We are Born to Collaborate (Even if Sheltered in Place)

We are Born to Collaborate (Even if Sheltered in Place)

Every truly great business achievement is proof that humans are born to collaborate.  As nations, tribes and families, from birth we live with and are cared for by someone.  Later, we work the family farm, business or towards an education, whatever is in our best interest, but always collaborating.  As mentors teach us knowledge and capabilities, we ascend tribal, scholastic and vocation hierarchy.  To hopefully, become the productive adults our parents envisioned.  But nobody gets there alone.  Regardless of sheltering in place or how one defines success and happiness.  Or, how obsessed or productive one strives for them; true success and happiness, both personal and professional, are rarely accomplished without collaboration with someone.

Here’s a collaboration test:

If you think back to the absolute best moment of today, one of two truths will likely apply.

One, either it was accomplished with or for someone else.

Two, there’s someone else with whom you can’t wait to share that moment.

Typically true for today’s biggest accomplishment, funniest joke and best story.  Incidentally, these are likely the only things you’ll really care about or remember anyway.  Unless something terrible happens, but even for bad moments, the same two truths apply.

Does knowing we are born to collaborate matter? 

Understanding this principal and how to apply it in our personal and vocational lives will help us accomplish our most highly valued goals.  This is especially true for team leaders and entrepreneurs.  Even during a time of sheltering in place due to a Coronavirus or just working from home, collaboration is possible and essential to success.  This is evidenced by the throngs of new remote workers claiming they’re having more meetings than ever!  There are limits of course, nothing can 100% replace face-to-face one-on-one direct and personal communication.  And no matter how hard we try, most of us will never be professional athletes, supermodels or marry rich.  But we could be successful in those fields, if that’s our most desired goal and we work hard to collaborate well with industry professionals.  To be honest, it was my mother’s goal for me to marry rich; I chose true love and it made all the difference, I digress.  Honesty, even unvarnished or brutal, is an absolute requirement to truly assess ones’ own abilities, those of your team members (collaborators) and your true objectives.  Without honesty, innovation and success will be terribly elusive or impossible.  Bottom line, collaboration leads to significant achievements and they naturally place us in the best position to be successful and happy, whatever that means to you.

First example:

Science could not flatten the spread of COVID-19 curve, but sheltering in place did, collaboration!

Second example:

As business goals go, an excellent example of collaboration, innovation and honest assessment of team members’ abilities, or core competencies, is Ascend Communications.  It achieved a spectacular financially successful pivot by using the Sunflower business innovation model as pioneered by Rob Ryan, Co-Founder of Ascend Communications.  Collaboration is a key component of the Sunflower business model.  Using it, Mr. Ryan (Ernst & Young Entrepreneur of the year) took Ascend from mired in lackluster performance, to be the largest, $24 billion, merger in US history!  This epic turnaround is an excellent illustration of the power of both innovation and collaboration.

Conclusion:

Finally, for the uninformed that still prefer the far less likely to succeed, lone alfa-wolf approach to reach their most coveted goals, especially business goals, good luck with that.  And memories, even those seared into our consciousness while standing proudly upon the mountain top of an achievement, admiring the view and feelings of exoneration, can fade.  Success and memories, no matter how spectacular, will fade quicker if they belong to just one person.  However, the collective memory of successful collaborators, ties them together like the safety rope of a team of mountain climbers.  That collective memory will be far sweeter, greater and remembered longer, regardless if your team is in one location or spread out all over the world during a pandemic.

Few can either reach their most coveted mountain top goal, or enjoy it, alone.  Use this knowledge for more success and shared happiness, for there are many achievements and mountains worth climbing.

For more information about collaboration, Rob Ryan’s Sunflower model, family office or tax services, please visit GROCO.com, contact your GROCO tax advisor or email Hello@GROCO.com.

We hope you found this article “We are Born to Collaborate (Even if Sheltered in Place)” helpful.  If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page  or our website at www.GROCO.com.  Unfortunately, we no longer give advice to other tax professionals gratis.

To receive our free newsletter, contact us here.

Subscribe to our YouTube Channel for more updates.

Considerately yours,

GROCO, GROCO Tax, GROCO Technology, GROCO Advisory Services, GROCO Consulting Services, GROCO Relationship Services, GROCO Consulting/Advisory Services, GROCO Family Office Wealth, and GROCO Family Office Services.

Alan Olsen, CPA

 

Alan L. Olsen, CPA, Wikipedia Bio

GROCO is a proud sponsor of the American Dreams Show.

American-Dreams-Show-Accounting-firm-in-ca-cpa-tax-advisors-groco-alan-olsen

Posted in
The secondary market may impact 409A valuations

Secondary Market May Impact 409A Valuations

Secondary Market May Impact 409A Valuations An issue gaining attention with respect to 409A valuations is the fact that many private company shares are increasingly being traded in the secondary market. There is a debate among valuation specialists over how transactions in private company stock impact the value of the company securities for 409A purposes.…

Five Tips for Recently Married or Divorced Taxpayers with a Name Change

Five Tips for Recently Married or Divorced Taxpayers with a Name Change

Here are five tips for recently married or divorced taxpayers with a name change. If you changed your name after a recent marriage or divorce, the IRS reminds you to take the necessary steps to ensure the name on your tax return matches the name registered with the Social Security Administration. A mismatch between the…

You Thought FBAR (Foreign Bank Account Report – Form TD F 90-22.1) Was Bad?

You Thought FBAR (Foreign Bank Account Report – Form TD F 90-22.1) Was Bad?

You Thought FBAR (Foreign Bank Account Report – Form TD F 90-22.1) Was Bad? By Ron Cohen, CPA, MST Partner Greenstein, Rogoff, Olsen & Co., LLP PLEASE See: http://www.calcpa.org/Content/26096.aspx We are happy to help you meet these old & new disclosure requirements. Non-reporting subjects a taxpayer to horrendous penalties, even if no tax is due.…

What the IRS Has On File About You and How to Obtain Your Tax Files

What the IRS Has On File About You and How to Obtain Your Tax Files

What the IRS Has On File About You and How to Obtain Your Tax Files IRS liens and levies can wreak havoc on a person’s life, making it difficult to obtain financing on a home or a car and wiping out savings. Maybe you want access to your tax files to see where the problem…