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The Psychology Of The Ultimate Entrepreneur

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The Psychology Of The Ultimate Entrepreneur

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Know that there is no right answer

Know that there is no right answer

Remind yourself that there's almost never an objectively correct answer.

All you can do is make the decision that's the best for you at the time, and it's probably going to work out okay either way.

601

926 reads

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 Step away from the problem

Step away from the problem

Distancing yourself from a problem can help you face it in a more objective way. 

Instead of remaining in your own frame of mind, consider yourself as an outside observer, such as a friend giving advice or a fly on the wall. Removing yourself in this way helps you filter out s...

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1.04K reads

Commit

Commit

Pick an option early and fully commit to it.

Overanalyzing a problem isn't going to help anything. It's just going to bring up new complications, force you to second-guess yourself, and possibly double back on a decision you've already made. 

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Give yourself some time

Give yourself some time

Accuracy and reliability in decision making tends to increase if you first give yourself some time to decompress and collect yourself.

This may also help you remove yourself from the problem, knocking out two of these strategies at a time.

521

894 reads

"Good" Decisions

  • Logical decisions tend to trump emotional ones, since emotions can sometimes make us biased or see things in an inaccurate light.
  • Thought-out decisions tend to trump impulsive ones, because you've spent more time on the problem.
  • Flexible decisions tend to tru...

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1.41K reads

Forget the past

Forget the past

Remember the lessons you've learned from the past, but don't let your past experiences affect what you choose in the present. 

You can't change the past, so instead, look to the present and future.

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1K reads

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Sometimes the most important life lessons are the ones we end up learning the hard way.

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Get the right co-founder

Get the right co-founder

Choosing a co-founder is a crucial decision at the start of every company - one that's very hard to correct. You should team up with someone that has complementary skills and with whom you share a prehistory.

A great founding team is critical for th...

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"The stars will never align, and the traffic lights of life will never all be green at the same time. The universe doesn't conspire against you, but it doesn't go out of its way to line up the pins either. Conditions are never perfect. 'Someday' is a disease that will take your dreams to the ...

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There Is No Right Answer That Applies To Every Situation

While a few universal laws do exist, there are as many right answers as there are people in this world.

One cannot compare with everyone’s unique situations and personalities and make investment rules that they think would work for all.

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