Showing posts with label psychology. Show all posts
Showing posts with label psychology. Show all posts

Monday, February 9, 2009

Starting a Business - Success Begins in Your Head

If you've ever thought about starting your own small business, you may be only too aware of some of the potential roadblocks. Some of the more common reasons people hold off on starting their own small enterprise is lack of finances, lack of experience, and lack of belief in their abilities.

While finances and experience are certainly realistic roadblocks that, although can be overcome, are real and can be formidable, the third roadblock I want to talk about is lack of belief in yourself.

More than anything, this is probably the number one reason that people hold off starting that business. It's the main reason the majority of the population remain employees and not employers.

If you don't believe in yourself, the world can be a scary place. Instead of seeing abundance and opportunity, we see scarcity and risk. It's really a “glass half full” mentality.

As an entrepreneur, having a positive mindset is critical. The majority of would be entrepreneurs have already defeated themselves mentally before taking the first step. They are stepping up to the plate and, in their mind, they've already struck out. This mental attitude can manifest itself, quite easily, into your everyday life.

Having confidence and self-esteem is a very complex thing. As human beings, we are all different and, hence, no two people are going to have exactly the same outlook on life. Whether you believe that we are born with such traits, or they are a result of our environment, it's realistic to expect that you can't completely change a person's style, personality, and core being.

However, there is much to be said for training oneself to expect rewards rather than disappointments. And this even applies to those of us who are relatively negative. People can change - results can be achieved.

So the next time you get caught up in over analyzing a situation and thinking of what can go wrong; start thinking about what can go right and the moves you need to make in order to make it successful. Don't dwell on the negative because it's not real until it actually happens.

Friday, November 21, 2008

The Lure of Business Ownership

There's just something about starting your own business. The lifestyle and peace of mind that a successful business can bring is truly magical. In fact, there probably isn't a person among us that hasn't thought about taking that next step and starting their multimillion dollar venture - well actually not many of us really have what it takes to start a $1 million business from scratch, but it's nice to dream. Nevertheless, I would venture to guess that the majority can imagine how a successful business could change their lives.

And it's not even about the money - well not completely anyway. It's about having the freedom to live your life the way you wish. To not have to march to the beat of someone else's drum. To have complete control over your time. Now that's something worth working for, isn't it?

The trouble with the average person is that they may fantasize about starting their own business - some may even go through the initial steps to set things up - but very few actually approach the situation seriously enough to make any real progress. If you were to take a thousand people and monitor their progress you'd probably find that 75% will never initiate any action at all. These people are satisfied with their dreams and nothing more. Out of the other 25%, there's a good chance that all will take action, but the majority will drop out at various stages. What you're left with in the end is a handful of people out of that initial thousand that could brag about being successful.

I actually don't mind those odds because it leaves more for the rest of us. Could you imagine if every one of those thousand people saw their dream through until the end? The reward would be so diluted that it wouldn't be worth your effort.

Fortunately, most of us are simply not destined to go out on our own. And that's fine - the world needs employees too (and I don't mean that in a derogatory way at all).

But for the entrepreneur that is willing to fail, get back up, and start over until they get it right, the potential rewards are staggering.