You heard it right.
What the heck is that?
No, it’s not a musical festival, although it does sound like one.
It’s our annual business meeting. But it’s not like any other annual business meeting that you’d likely conjure up in your mind. And it’s not like any other business trip or annual retreat you’ve likely ever heard about.
It’s the time of year again when we gather as Foolish employees and take time to look at the year before and the year ahead. We want all employees to see where we have gone in a year’s time as a business.
But for us, it’s more than that. It’s more than knowing the numbers that drive our business. It’s more than knowing what we’d like our business to become in the upcoming year. And, it’s more than knowing what to do and what not to do as we progress through the next 12 months.
To us, Foolapalooza is also about getting to know each other better.
While we have endless stories from past Foolapaloozas, you won’t here them here. (I guess you could say that it’s a bit like the phrase, “What happens in Vegas, stays in Vegas.”) If you are a Fool, you will likely hear them for the next few months, or even years, to come. You may even be cracking up right now thinking of a Foolapalooza memory in your head.
But I can let the broad audience in on a small secret – all of these memories have one thing in common … they start with the people we see every weekday.
For us, Foolapalooza is about the Fools that attend the event. We don’t invite spouses, families, or significant others – unless they also work at the Fool. We don’t invite friends…Okay, okay, who are we kidding? Fools are our friends. … But we have a reasoning behind this bit of seclusion and isolation – it’s a time for us to revisit or even get to know for the first time how Fools unwind, how they play, and a bit of what they do outside of the office. We are getting to know the person behind the employee. We get to see what makes them tick.
Why would we do this?
We’ve said it before, and we’ll say it again – knowing each other better helps us work better together. The theory is as simple as that.
So while the kayaking and basketball playing may be fun, we know at the end of the day that it’s not the what we are doing that makes Fools happy they are Fools. It’s the who with that matters.