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Four mental foibles we all cherish – and how to get rid of them.

Four mental foibles we all cherish – and how to get rid of them.

    As human beings, we have a natural wish to improve ourselves, and are always looking for ways to be more efficient, focused and fulfilled. However, we also have the opposite tendency to cherish certain limitations that prevent us from achieving these exact things! Let’s go into four of these limitations in detail.

    1. Imagining the worst possible future.

    When something bad happens, our mind often has a tendency to compound it by projecting forward into the future and imagining the worst thing that could happen as a result. Such a course of action can be very tempting, especially if we can portray ourselves as a victim and wallow in self-pity as a result. However, if we can look back on times when we have done this (and we all have at some stage) we can see that these nightmare scenarios have nothing to do with reality. Perhaps that’s where the saying “Cheer up, it will never happen” comes from – because it does never happen!

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    A very influential psychological model developed by Weiner et al. in the 1970’s suggested that the happiest people are those who see bad things that happen to them as impermanent and changeable events rather than situations that are going to persist forever. That indeed is the key – to try to see any bad situation that happens to you as part of a larger picture that sure enough contains a lot of bad, but a lot of good things too. One very useful exercise can be to visualise all the good things in your life, and to offer a feeling of gratitude that each of them are there. This helps to stop any misfortune that occurs from taking over your view of the world completely.

    2. Only seeing others’ bad qualities

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    When we are annoyed with someone, we often tend to bring their bad qualities first and foremost in our minds until they crowd out any good qualities they might have. This can backfire on us in a number of ways. Firstly, we are all imperfect, so holding others up to a perfect standard of behaviour will definitely contribute to the hurt we feel when something happens to bring us face to face with our own imperfections. Secondly, your negative thoughts have an uncanny way of influencing your dealings with that person in such a way that bring those exact negative qualities in them to the fore, and further reinforce the situation.

    You can turn this situation around and gain a more balanced picture of the people you interact with if you can realise the consequences listed above and how harmful they can be to your wellbeing. Try to feel what a waste of energy dwelling on what a bad person someone is and begin a new resolution to focus your attention on the things that matter.

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    3. Feeling we have all the time in the world.

    One common mental failing is imagining that we have infinite time at our disposal. We wake up in the morning with a full day ahead of us, and then reached the evening with nothing much done and wondering where all the time went! We have to value time as a very precious resource. ‘Morning shows the day’, so the saying goes, but very often we tend to start the day engaged in ‘pseudo-work’ like checking emails. But instead, if we can buckle down and get a concrete task done first thing in the morning, we will gain a momentum to move onto the next task. If your mind is creating some apprehension about a big task you have to do, try and start with a little sub-task and imagine you have to do only that. Accomplishing something small – even paying a bill or getting something from the shops – can generate the confidence you need to see the thing through to the finish.

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    4. “I can’t do it…”

    As a child, we were always ready to give anything a try, and we were happy just painting or singing or running without wondering were we any good at it. But as we grow older we develop more fixed ideas about what we are capable of, and we often tend to just summarily decide whether we can or can’t do something before even lifting a finger. But where did we get most of those fixed ideas from? If we look back, we see that most of the time we got them from society and the opinions of other people, or perhaps from one single failure which influenced our attitude for the rest of our lives. When faced with a new opportunity, we need to cast all this baggage aside and just seize the moment.

    Often we reinforce this “can’t do” attitude by watching someone who is expert in a certain field – e.g playing a musical instrument – and feeling that it is too late to start practising ourselves because we will never get up to that level. The key to overcoming your lack of confidence in your ability is to just throw away all expectations of an end goal and let your happiness stem from the simple fact that you have started doing it! All good things in life take some time to perfect, and you will have good days and bad days, but don’t attach too much importance to one or the other; in either case, just be grateful for the opportunity to expand yourself and find out what you are truly capable of.

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    Last Updated on October 18, 2018

    10 Key Characteristics of a Highly Successful Entrepreneur

    10 Key Characteristics of a Highly Successful Entrepreneur

    When it comes to starting your own business and pursuing your dream of becoming an entrepreneur, it can be advantageous to go all in and embrace the flexibility of finally quitting your day job.

    Keep in mind, though, that it takes a special kind of person to take the business world by storm: a person who has cultivated the key characteristics of entrepreneurial success.

    People with these characteristics are likely to succeed, whereas people without them have difficulty moving forward with even the most brilliant business ideas.

    These characteristics of an entrepreneur are so important that I’ve decided to cover all 10 of them in detail so that you can start your business with your best foot forward.

    1. Successful Entrepreneurs Practice Discipline

    Plenty of business experts claim that you can’t get anywhere as an entrepreneur without vision or creativity, but that’s simply not the truth. Instead, the one quality that no entrepreneur can be successful without is discipline.

    To build an idea into a business, you have to have the discipline to spend time slogging through the least fun parts of running a business (like the bookkeeping), rather than taking that time to do something fun.

    Andrew Carnegie, one of the most financially successful Americans of all time, grew up working dull and difficult jobs in factories. Despite going to bed hungry some nights, he continued doing his best work. He was eventually hired by a railroad company and continued to move up the ladder until starting his own successful businesses. Carnegie is a fine example of an entrepreneur dedicated to discipline and hard work. He truly earned his dreams of prosperity and success.

    When you’re the boss, there’s no one to keep you at work except yourself — and there’s no short-term consequences for skipping out early.

    Sure, if an entrepreneur plays hooky enough he knows that the business just won’t happen, but it’s very hard to convince someone that ‘just this once’ won’t hurt (and to keep ‘just this once’ from becoming a daily occurrence).

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    2. Successful Entrepreneurs Keep Calm

    Things go wrong when you run your own business.

    Most entrepreneurs go through crises with their businesses — and more than a few wind up with outright failures on their hands. But when you’re responsible for a business, you have to be able to keep calm in any situation. Any other reaction — whether you lose your temper or get flustered — compounds the problem.

    Instead, a good entrepreneur must have the ability to keep his cool in an emergency or crisis. It may not make the problem easier to solve, but it certainly won’t make it harder.

    Honestly, losing your calm is a quick path to becoming the kind of person who gives up in the face of adversity. Instead giving in to frustration, remember classic entrepreneur Benjamin Franklin.

    Franklin kept his calm as he experimented and tweaked his inventions again and again in pursuit of success. He didn’t give up during his many failures – he chose to innovate. You can choose innovation, too.

    If an entrepreneur can handle failure without frustration or anger, s/he can move past it to find success.

    3. Successful Entrepreneurs Pay Attention to Details

    Restricting your attention to the big picture can be even more problematic than ‘sweating the small stuff.’

    As an entrepreneur, unless venture capital has magically dropped out of the sky, a small expense can be a killer. It’s attention to detail that can make a small business successful when it has competition and it’s attention to detail that can keep costs down.

    Attention to detail can be difficult to maintain — going over ledgers can be tedious even when you aren’t trying to pay close attention — but keeping your eye on a long-term vision is just asking for a problem to sneak in under a radar.

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    After a business grows, an entrepreneur might be able to hire someone to worry about the details. In the beginning, though, only one person can take responsibility for the details.

    Skeptical about the importance of details? Look no further than Howard Schultz, who grew a small coffee shop called Starbucks into one of the most globally successful coffee businesses in the world through his extreme attention to detail.

    He is famous for taking all aspects of growing a business into account, paying attention not only to financially smart business decisions, but also focusing on socially responsible business decisions. Details can take you far.

    4. Successful Entrepreneurs Embrace Risks

    No entrepreneur has a sure thing, no matter how much money s/he stands to earn on a given product. Even if a product tests well, the market can change, the warehouse can burn down and a whole slew of other misfortune can befall a small business.

    It’s absolutely risky to run a business of your own and while you can get some insurance, it’s not like most investment options. Even worse, if something does go wrong, it’s the entrepreneur’s responsibility — no matter the actual cause. In order to deal with all of that without developing an ulcer, you have to have a good tolerance for risk.

    You don’t need to channel your inner frat boy and take on absolutely stupid risks, but you need to know just how much you can afford to risk — and get a good idea of how likely you are to lose it. If the numbers make you uncomfortable, the risk is too great.

    Embracing risks is essential for growth and additional success, as well. Walt Disney, for example, could have stayed comfortable with his advances in the film and animation industries, but decided to expand his brand with a new dream: a theme park that soared above the competition. Without taking this risk, the incredibly successful Disney theme park empire would never have come about.

    An entrepreneur has to be willing to accept pretty big risks, with some level of comfort.

    5. Successful Entrepreneurs are Balanced

    You can take any characteristic too far. There’s a point at which attention to detail can become obsession or calm can become unemotional response.

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    As an entrepreneur, you have to be able to balance your characteristics, getting the most of them without going over the edge. But balance for an entrepreneur goes far beyond keeping your characteristics in check, though.

    Just as an entrepreneur doesn’t have a boss to keep them at work when necessary, they don’t have one to send them home when they’re done. If you are working for yourself, you have to decide how to balance your work and home life — and if you have a day job to add into the equation, balance just gets more complicated.

    Oprah Winfrey, one of the most successful and influential entrepreneurs out there, understands the importance of balance. Winfrey has a lot going on; she runs her own media kingdom, acts, produces films, publishes print, and more. In an interview with Fast Company,[1] she talks about her efforts to balance priorities and self care, saying that she must ask herself what is truly important in each limited day.

    You may or may not have as much on your plate as Oprah, but learning how to balance whatever you have going on in life will certainly help you farther along down the road as you learn to be a great entrepreneur.

    6. Successful Entrepreneurs are Passionate and Motivated

    In order to develop any of the above characteristics, you must have a foundation of passion. Staying disciplined day after day during the building of your business takes unrivaled motivation.

    Before you start any business, ask yourself if you can sustain true excitement about your idea during even the darkest days ahead of you. If the answer is yes, then good for you! Nurture your natural motivation by taking these action steps throughout your business journey:

    • Commit to making short and long-term goals. Check in with them often to stay on task.
    • Have a plan in place for the inevitable days when you feel discouraged. Make a list of things that will help keep you motivated and focused.
    • Share your ideas with trusted individuals who are just as excited as you are. They will help keep your enthusiasm rolling even when you are feeling down.

    By being prepared for apathetic days and holding fast to your authentic passion, you can actually enjoy your journey to success.

    7. Successful Entrepreneurs Adapt

    Remember this one word: flexibility. Seasoned entrepreneurs know that change is not only a part of life, but also a part of the business world. Expect change and choose to adapt.

    As a new entrepreneur, it will be tempting to cling to your original business plan with no exceptions, even if you notice it isn’t working. Good entrepreneurs know that it’s okay to make smart, informed changes in order to ensure efficiency.

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    8. Successful Entrepreneurs are Marketing and Sales Experts

    No matter what kind of business you are starting, a knowledge of marketing and sales will save you many headaches. A passion for creating a beautiful handmade lifestyle product is not enough to run a successful lifestyle brand; it is critical that you understand key business principles in addition to your natural skills or great product line.

    Not sure how to start? Taking business courses is a great idea, but you can also easily brush up on sales and marketing through free online resources. Check out these 10 Sales Skills Everyone Should Master To Be Successful to begin now.

    9. Successful Entrepreneurs Have Strong Money Management

    Along with sales and marketing skills, money management is a very useful tool in the box of the entrepreneur. Understanding how to best manage your money can be the difference between early success and early failure in the business world.

    If money management isn’t your strongest skill, prepare to hire a financial expert to help you with any tricky business that comes up. Financial guidance and knowledge is never a bad idea.

    10. Successful Entrepreneurs Ask Questions and Continually Improve

    Pride is a natural human quality, but it’s important to humbly conduct some constructive criticism every now and again on both yourself as a leader and your new business as a whole.

    Assess how things are going and be willing to make positive changes if necessary. Here’re 15 ways to cultivate lifelong learning.

    If you are always improving, then how can you ultimately fail?

    The Bottom Line

    Let me remind you of one important fact: the qualities of an entrepreneur listed here are not exclusively available to some people and elusive to others.

    Although some people may have natural strengths and weaknesses, these qualities can be learned by anyone interested in taking up the entrepreneurial challenge. It might not be easy to change old habits, but it is absolutely possible to cultivate these characteristics in yourself.

    Whether you’re a business owner or an aspiring entrepreneur, with hard work, you can train yourself to develop the qualities that truly determine the entrepreneurial spirit and future success.

    Featured photo credit: Unsplash via unsplash.com

    Reference

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