Leaving a legacy is something a lot of business owners starting thinking about as they mature in their careers — and discussing — when I talk to them about management challenges.
It’s actually good to hear that building wealth may not be the first consideration. Yes, it’s nice, but building something that will stand long after you’ve moved on is a much more permanent legacy.
Building business legacy
In this month’s issue, we’ve highlighted western Pennsylvania companies that have stood the test of time. I know this isn’t a comprehensive list, but it is a good snapshot.
Some common themes that emerged from these businesses, which have been around for 50 or more years, are an ability to adapt and listen. Many of these companies make completely different products and provide completely different services than when they first started. Some have diversified, and others have move into entirely new lines of business.
And at this point, part of their culture is pride in that longevity. After everything that has changed, they, and their employees, can proudly say, “We are still here.”
Our Uniquely Pittsburgh, which highlights Lawrenceville, examines another kind of legacy. This revitalized neighborhood has built on its roots and blossomed into a place where people want to live, work and play.
See the big picture
All this legacy talk makes me wonder about what legacy I’ll leave with my own life, which is a particularly potent thought around New Year’s resolution time.
You don’t have to found a company or business dynasty to leave a legacy. But it is good to sometimes think about the bigger picture, and what kind of permanent impression you can leave on the world.
We all want to make our mark, and we can certainly do that in different ways. So, as we kick off a new year, take a little time and consider: What are you building that will stand long after you’ve moved on?