Well…I don’t like the alternative!
So when I hear about all the different problems facing us today, I ask myself one question…Can I control it? If I can’t, then I don’t worry about it. If you take this approach, you’ll find that there are far fewer things to worry about so that you can focus on what you can control.
By nature, entrepreneurs are often controlling and live in a fast paced environment filled with problems and difficult decisions. If you let your emotions, on issues that are out of your control, creep into your decisions on the things that are under your control...you are setting yourself up for failure.
It’s easy to react to short-term needs rather than focus on the long-term business goals. The problem with “reacting” is that it often involves emotions. Making decisions based on emotions can inhibit your ability to benefit from your long-term potential. People who stick to their plans often are more successful. This assumes that your long-term plans were well thought out in the first place.
This concept is nothing new, but we often forget about it when we need it the most. I was reminded of this when I read The Wisdom of Great Investors on DaveRamsey.com. Although this article is written for today’s investing crisis, the concepts apply to building and maintaining a successful business. The concepts in this article are:
- Avoid Self-Destructive Behavior
- Understand That Crises Are Inevitable
- Be Patient
- Don’t Let Emotions Guide Your Decisions
- Recognize That Short-Term Underperformance Is Inevitable
- Disregard Short-Term Forecasts and Predictions
Are there resources you use to avoid the hype and get straight answers to help you make decisions? Share them with us.
Message Edited by RyanH on 03-04-2009 02:46 PM
MikeS
on:
When Silence Speaks Volumes
AndreaM
on:
“Hello, may I please speak with Oprah?”
