Money, Governance, Entrepreneurship. What's Your Metric ?

The Government is beginning to talk more and more in terms of user fees, revenue targets, cash positions, etc. Even the citizenry takes comfort and pride in the fact that, say, the BMTC runs at a profit. Its surely a good thing - fiscal responsibility is key to sustainable development.

Yet, these targets, numbers, metrics are not the end for governance - merely a means. Its critical to ensure those numbers are healthy, but its even more critical to measure the change that is sought to be made using the money. It has little merit, otherwise. The goal of a state is not to get rich directly, but indirectly. That it needs to be in very healthy financial situation is a side effect.

Is the same true for a lot of entrepreneurs ? Money is a good metric, but isn't what you started out to do more important as a goal ? As in, would you rather let the effort try hard and die or would you be ok completely changing the nature of the effort so cash flows look better ? Don't think of a state of crisis, but of a steady, decent revenue state doing what you started out trying to do versus a much better cash cow if you switched to something that was not really close to your heart or part of the vision.

Posted via email from workFront

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