• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

I wrote that Boomers were choking America’s economy. Their responses to me were revealing

2

If Elon Musk merges SpaceX with Tesla he'll create a $3.4 trillion behemoth—with zero profits

3

U.S. says deals with Iran for safe Hormuz transit are prohibited

1

I wrote that Boomers were choking America’s economy. Their responses to me were revealing

2

If Elon Musk merges SpaceX with Tesla he'll create a $3.4 trillion behemoth—with zero profits

3

U.S. says deals with Iran for safe Hormuz transit are prohibited
CommentaryLeadership

This Is the Worst Reason To Start Your Own Business

By
John Picerne
John Picerne
Down Arrow Button Icon
By
John Picerne
John Picerne
Down Arrow Button Icon
February 23, 2016, 4:30 PM ET
592232681
Photograph by Rafe Swan via Getty Images

The Leadership Insider network is an online community where the most thoughtful and influential people in business contribute answers to timely questions about careers and leadership. Today’s answer to the question “What is the most important quality a leader should demonstrate?” is by John Picerne, CEO of Corvias Group.

Conviction in your mission. It’s as simple as that. As a third generation real estate developer, I was literally born into the construction and property management industry. In fact, some of my earliest childhood memories are of trips I took with my father to his job–sites. Although this knowledge — from operations to business development — took decades to master, it was the cultivation of our company’s core mission to materially improve the lives of the people we serve, as well as having the conviction to put our mission ahead of other business objectives including profits, that I believe has led to our organization’s success.

Many companies, especially publicly-traded ones, are concerned about the continuous revenue stream. Before taking on any project or client, many people ask: What’s in this for me and my business? My investors? What will be our profit value? However, the minute you focus on quarterly returns or meeting profit margins, is the moment we fail as a society. I don’t run my company this way. Instead, we always start with the question: How can we provide value to our customer? Then, after the fact, we ask the customer what our job was worth.

See also: Here’s Why You Need to Speak Up More at Work

My belief is that in order to fully serve your customer, you need to think long-term about the problems you are working to solve. From my experience, customers value this line of thinking. Identify the plan of action first — profits will come later. For example, if you find out from a doctor that you have congenital heart failure, the first question you would ask is, “Can you cure me?” and not, “How much will it cost to cure me?” I use the same philosophy to run my business.

Today, many of us would rather buy medicine over the counter to fix something short-term rather than live a healthy lifestyle or hire a dietician for the long-term benefits. It’s this common ideology that people want a ‘quick fix’ that also exist in the business world — shareholders want a quick solutions. But if want to run a company that’s purpose-driven and solves long-term problems, then you need to have conviction. If you say it, live it. For example, in the military, often times soldiers sacrifice themselves for the sake of their brothers in combat. Why? Because they have conviction; they are selfless and they believe in their mission.

When I started my company, I was in a lot of debt; it takes time to build something great. But you have to be resilient and believe in your cause. Someone once told me: Money is extremely common. They produce more of it every day. Money is a shallow motivator. In of itself, it’s nothing more than a material object. So how do we make the world a better place? How do we improve the quality of life for others? It is my strong belief that by serving the needs of thousands of people, we can positively impact millions.

About the Author
By John Picerne
See full bioRight Arrow Button Icon

Latest in Commentary

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Commentary

Allison Danielsen is CEO, Tallo.
CommentaryCareers
My wrist injury derailed my college plans. It’s why I’m a CEO today
By Allison DanielsenMay 31, 2026
13 hours ago
treble
CommentaryElections
I built a startup from scratch and still nearly died because of a broken healthcare system. That’s why I’m running for Congress
By Jonathan TrebleMay 31, 2026
13 hours ago
bn
CommentaryEducation
Bill Nye: Companies say there’s a skills gap. They’re wrong — and students can prove it
By Bill NyeMay 31, 2026
14 hours ago
soccer moms
CommentarySports
Why soccer moms are shaping the future of football in the U.S.
By Ruslan BashirovMay 31, 2026
16 hours ago
Matt Rogers
Commentarystart-ups
I worked with Steve Jobs at Apple, where every OS update killed startups. AI founders are about to face the same thing
By Matt RogersMay 30, 2026
2 days ago
sam
CommentaryChips
The AI economy could crash on mounting chip costs — and those token costs won’t help
By Rakesh KumarMay 30, 2026
2 days ago

Most Popular

I wrote that Boomers were choking America’s economy. Their responses to me were revealing
Personal Finance
I wrote that Boomers were choking America’s economy. Their responses to me were revealing
By Nick LichtenbergMay 31, 2026
15 hours ago
If Elon Musk merges SpaceX with Tesla he'll create a $3.4 trillion behemoth—with zero profits
Investing
If Elon Musk merges SpaceX with Tesla he'll create a $3.4 trillion behemoth—with zero profits
By Shawn TullyMay 31, 2026
19 hours ago
U.S. says deals with Iran for safe Hormuz transit are prohibited
Politics
U.S. says deals with Iran for safe Hormuz transit are prohibited
By Jack Wittels and BloombergMay 30, 2026
1 day ago
Ex–Google CEO Eric Schmidt warns U.S. tech workers: Competing with China’s grueling 12-hour workdays means sacrificing work-life balance
Future of Work
Ex–Google CEO Eric Schmidt warns U.S. tech workers: Competing with China’s grueling 12-hour workdays means sacrificing work-life balance
By Marco Quiroz-GutierrezMay 30, 2026
1 day ago
When loyalty is rewarded: Top earners who stay in their jobs get much larger pay increases than those who switch
Future of Work
When loyalty is rewarded: Top earners who stay in their jobs get much larger pay increases than those who switch
By Jacqueline MunisMay 30, 2026
2 days ago
Meet the Black women on Fortune's Most Powerful Women list shaping business leadership
MPW
Meet the Black women on Fortune's Most Powerful Women list shaping business leadership
By Cheyann HarrisMay 29, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.