1. To
go into an environment and be the highest-value
person in the room. This term does not just apply to small social settings but is limitless in scale and magnitude.
2. To have complete power over an environment, especially in social settings.
Owning shit is often not
easy and often causes animosity from people who are not currently owning shit; however, you know you truly own shit when those same people cannot help but like you.
Michael
Jordan owned shit on the basketball court.
Brad
Pitt can
walk into just about any room full of women and own shit.
Alpha Males are respected because they are owning shit.