Sage Advice

Happy Labour Day

Labour Day marks the beginning of Back to School season. That's why it can be a bittersweet holiday. For some, this is a great day to spend with family - the long weekend can be the perfect time to take a mini-vacation or have a barbeque with loved ones. However, others might view it as the unofficial end of the summer. Before long, the weather’s going to start getting cold, leaves will die and the first snowflakes of the season will fall.

It’s a time for endings and new beginnings, whichever way you look at it. Students know this better than anyone - except for their parents, who might be worn out from a hectic summer by the time the first Monday in September rolls around. The day after Labour Day is often when kids pack up their backpacks, hop on the bus and make their way to their first day of class. Do you remember your first day of school? Looking back, so many lessons learned even in the early days of education can be applied to owning a business.

Don't cheat

People might not think that cheating and the business world are compatible terms - but that’s not always the case. Students learned that cutting corners and taking ideas from desk neighbors is a big no-no. In corporate culture, taking credit for other’s creations and cutting corners can have massive financial and legal repercussion. Hard work, dedication and effort are just a few of the basic tenets of success.

Choose your friends wisely

We’ve all heard comments from our parents about the friends we’ve chosen, especially when they thought we picked people with poor character. Many times, they were right. When looking for a study buddy, some kids will pick wisely - someone who will split the responsibilities fairly, do what’s required of them, produce good work and meet deadlines. Doesn’t that sound like a description of a good employee to hire or a business leader with whom you should partner?

Hold yourself accountable

High school is around the time when teachers stop essentially holding students’ hands. If they fail, they fail because they did something wrong, like not studying or doing homework, not because of their teacher, in most cases. This is something business leaders know well - if their startup crashes and burns, leaders largely have themselves to blame. This means they need to take the initiative, go the extra mile and put in all the time and effort necessary to yield positive results.

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