This week we studied honesty in business and ethics...two very important entrepreneurial topics. From Launching Leaders by Steven A. Hitz, I found much to learn in chapter 5, Jim Ritchie's 6-step Formula. The six steps are:
1. Get up early.
2. Work hard.
3. Get your education.
4. Find oil.
5. Make your mark.
6. Prepare to serve/give back.
Number 4 resonated with me, "find oil." Ritchie borrowed this from J. Paul Getty. Getty literally found oil and became successful. Finding what we love equals finding our oil. To me, step number 4 is the most important part of Ritchie's Formula. The other five steps hinge on number 4.
After reading this, I found myself in a meeting where a man who is a reporter for the local newspaper had attended. The newspaper reporter used to hold my job as director of the local museum. Before that, he had owned a small local newspaper, then became the managing editor at a newspaper in a nearby county, and then returned to our hometown to work as a reporter. I remember thinking to myself, "He's found his oil." He's a journalist through-and-through who just so happens to love local history. He got his education in journalism; he gets up early and works hard at journalism; he has made his mark through journalism; he gives back through journalism. When I think of the Formula, I think of this man.
In Hitz' book, Ritchie states, "Finding your oil means that you live a life guided by what you value and find important rather than a life driven by the expectations of others." Living a life doing anything else is not following the path given to you by Heavenly Father; therefore, doing something you do not value or find important is not serving the Lord. The Formula is to help you attain happiness, for yourself and for God.
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