No ego in an Entrepreneurial Mindset

Posted by Paul Hemmant on July 25, 2010 under Financial Freedom | 2 Comments to Read

A 19-year study done by a professor at Ohio State University’s Fischer College of Business, Dr. Paul Nutt, concluded that more than 50 percent of the decisions made by executives failed. Why? Because those executives never considered any kind of alternatives once they made a decision.

That is very dangerous and attitudes like that can scrape an online or offline business off the face of the Earth, like it never existed before.

A good entrepreneur always remembers to leave their ego in the other pair of pants, where they belong. Never bring that with you when you’re making executive decisions for yourself or your Internet Marketing business.

You always have to be open to new ideas, new perspectives, be open to dialogue and opportunities. The authors of “Business Think”, Dave Marcum, Steve Smith and Mahan Khalsa indicate that “humility clears the path to solutions.” No one says you’re not the smartest person on the face of the planet, but you need to open your eyes, look around and notice the fact that you do not know everything. No human being does. So, be open to dialogue with others. I promise you it’s always going to be beneficial to you and your Internet Marketing business.

Two heads are better than one, three are better than two … you get the picture.

If you are afraid to give away your entrepreneurial insights, the things that you see about your business and your field that others seem to omit, by all means, keep it in the family. Talk to people you trust, that might never care about what you do or go to the competition but whose thoughts and opinions you value, or to other people and you draft a confidential agreement and make them sign it.

Progress not perfection! That should be your motto! You are always learning, so stop thinking in black or white and see all the shades of grey that are out there. As I said before, no business move in an entrepreneurial mindset is a do-or-die adventure! Entrepreneurs learn as they go, learn all the time and always be opened to new suggestions!