Archive for the ‘Business Psychology’ Category

ADD/ADHD – A Positive Entrepreneural Trait? – Why Is It That Such A Large Percentage of Successful Entrepreneurs Have To Deal With & Succeed Despite the Challenge?

Why is it that such a large percentage of successful entrepreneurs (up to 25% of the US population according to the National Institute of Health NIH) exhibit to a greater or lesser degree some symptoms of Adult Attention Deficit Disorder (ADHD)? Could it be that one or more of the symptoms of what ADD does to over 25% of the American population be a benefit to people who have learned to live with ADD as they consider establishing a business vs. working for someone else? Is ADHD a negative trait? I’d say just the opposite. Their high energy level, willingness to put in the hours, and ability to do a great….

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SLOW ECONOMIC TIMES ARE NOT THE TIMES TO DO NOTHING IN YOUR BUSINESS. HERE’S WHY….

An Article by Karen Whitman, SPIA Partner: There is definitely a risk to business owners with a “wait and see” attitude. Just to name a few:

Loss of market share
Lost customers
Loss of profitability
Loss of cash flow
Loss of liquidity
Inability to keep up with technology
Loss of productivity
Loss of key employees
Panicked employees
(Worst scenario)—Loss of your business

The greatest risk is the fear induced by the thought of the above happening in your business. This kind of fear can actually paralyze a person’s thinking, and it is the thoughts that control actions. Disabled thinking equals immobility in your business. Even though your business may not be at risk, this thinking makes you feel threatened. It goes back to the old adage, “If you think you can, you will, and if you think you can’t, you don’t!”

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The Fantasy Of Being Successful Solo In Business

There’s a breakneck pace that many new solo business owners assume. With an infinite number of things to do, and about a dozen hats to wear, it gets overwhelming, fast.

And, that’s nothing compared to what happens once the business actually has some momentum under it. That’s why one of my clients with a brand-new business was asking me: “Craig, how do you get it all done? Your business has about 100 times more going on in it than mine does, and I’m overwhelmed just with what I’m trying to get done.”

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