Thursday, 29 March 2012

Self Esteem and Mind Fitness Allow You To Trust Your Instincts In Any Business Venture or Start Up


Following your instincts is essential. It gets better with age. Obviously. Because how many times have you got out of something after suffering a disappointment or setback – when your instincts had said to you that the activity in question had its drawbacks? And, of course, the more entrepreneurial and the lass risk averse that you are, then the more likely you are to plunge in and dismiss any niggling doubts.

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In his brilliant book ‘Blink’, the award-winning author Malcolm Gladwell examines and proves that, on balance, a decision taken in five seconds will get you the same or better net results, than one taken after agonising days or weeks of evaluation; or after investment in deep and thorough research and analysis.

Think how your gut-feel told you in five seconds whether you could or could not hire that person as an employee, or make that investment, or buy that property. Think how your gut-feel told you about relationships and important situations. Even which direction to take when you are lost on a car journey. So follow it and have utter faith in it.

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For The Master Entrepreneur

1.     I will enjoy my faith in my instincts to know when a course of action is right
2.     When I have doubts, I will recognize how tough this is to acknowledge them. But again I will have utter faith and be ready to walk away fast, because I know that the Universe has lots of opportunities for me right up ahead.
3.     When others ask my advice I will give them an honest and instinctive re-action and be totally realistic about my views on the pros and cons.
4.     I will use my instincts as a competitive strength when it comes to a new innovation or course of action. My resourcefulness and zeal will enable me to exploit an emergent opportunity with immediate new strategies and tactics

For the Cautious Optimist

1.     I must follow my instincts more, whatever the scenario
2.     When an opportunity looks ideal, I must balance my nagging doubts with a spirit of ‘I will prevail’. I should create a fallback plan if further analysis proves my instincts wrong, but I should proceed regardless, albeit cautiously and in small bite-sized-chunks.
3.     If my instincts tell me something doesn’t look right then I should have more faith in them. Rather than agonise over deep time-consuming analysis, I should have the confidence to drop that option and just move on.
4.     I will build my abilities tofollow my gut feel. I can use idle time (perhaps in traffic or while you are frustrated in a queue) to think this through. By taking previous examples of success and failure – in my life or in the lives of others that I respect – and thinking through my own perspectives it will help me understand. I will reflect on ‘how I would have felt’ and ‘what would I have done’. Most importantly, how would I have held the courage to go ahead and commit resources, even against the supposed ‘better judgment of close advisors or friends?’

When you read the biographies of successful entrepreneurs or courageous leaders, it is often one small decision that made all the difference. Look carefully for these and try to adopt the thought processes and confidence that these winners displayed.

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