With the status quo, innovators and inventors took over and pushed these companies to close their stores permanently.
And the new reality created by the challenges of 2020 encouraged making difficult decisions quickly, setting goals that could challenge oneself, and doing business as a deliberate matter.
Think about the last time life allowed you to seize a new opportunity, act boldly, and focus on the present moment with a focus that pushes you to prioritize the interest of people over profit. How did you respond to that? Did you choose to be a coward or have courage? “Take a chance or lose it” is a mantra I've been raising for years, which has led to creating new opportunities, creating partnerships, and enhancing my awareness as a leader and entrepreneur.
Why are we naturally opposed to risk-taking?
Our tendency to take risks is justified. In The Art of Risk, author Kayt Sukel talks about this wonderfully. The decision-making regions of the brain comprise approximately 80% of excitatory cells and 20% of inhibitory cells. The excitatory cells are dominant, meaning children are more inclined to adventure and try what is new. Have you not warned a child before about touching a hot frying pan, but despite that, he ignored your warnings and touched them, causing himself harm, with his screams escalating as an expression of pain?
We can say that the excitatory cells are responsible for this; with age, our inhibitory cells begin to take over, so our reluctance to take any adventure increases when we grow up, and the more times we have been harmed professionally, financially, or otherwise, the greater the ability of the cells discouragement to convince us not to deviate from our path, in addition to many other experiences that would feed our fear.
Impostor syndrome involves a range of feelings that drive us to a constant sense of inadequacy. Despite our apparent success, before we decide to take a chance, we encounter cognitive, emotional, and experiential barriers that tell us we shouldn't. When you realize this, it's only a matter of time before You can devise a mechanism that helps you to overcome your fears and take strategic risks moving forward. Three guiding principles enable you to practice self-assessment of opportunities effectively by processing your emotional and cognitive response to determine if there is something wrong with it. Worth taking a chance on or not?
The importance of being bold
It's about walking, talking, and sharing spontaneously. Being aware of your leadership skills and capabilities will assure you that you don't take chances just to grab them. When the opportunity presents itself, you have to wonder if this opportunity aligns with your overall goals; will it lead to your development and skills acquisition? New, and what are you willing to sacrifice to seize this opportunity? These questions are at the core of our identity as entrepreneurs: First, how we support our long-term plans; second, how we enhance our development; third, how work can affect our family, social and professional lives.
Being bold raises our awareness level and assures that our relationships with others are purposeful. The essential step when venturing is that you know it fully and that it is clear to you. When we seek to seize opportunities with a clear mind, we can make decisions quickly; This allows us to go beyond them or accept them with a high degree of confidence about them, which enhances our impulsiveness and our ability to make difficult decisions and also helps to combat impostor syndrome that we feel about seizing new opportunities and being bold can enable us to address our feelings of inadequacy Efficiency, once we identify our strengths and opportunities; we know how the opportunities will help us achieve development in the areas that we need most.
Have the courage to be curious
Children's most powerful tool is the willingness to ask “why” questions. The child's curiosity is the wheel that will push them to develop; It is like the fuel that continues to nourish their exciting cells. It makes them always thirsty to gain more knowledge and experience, and as entrepreneurs, we nurture our desire to be curious without fear; by starting our own business or dealing with a new client, even if it is enough, and being brave in being curious involves researching More opportunities before it is too late.
There is a saying that says: “Books can open doors without locks.” When you are a child, you may not understand what this means. Still, as you get older, you realize that the more you read, the more questions you want to ask, and soon you understand that every opportunity raises questions Such as: who, what, or when, and we gain the courage to answer these questions through impulsiveness and unstoppable curiosity, and without daring to ask difficult questions, no one has been able to take a single step into the world of entrepreneurship.
Pay enough attention to communication
Often you are in a room disconnected from what is happening around you. You may find that you - as a leader - spend your day checking off your to-do list, ignoring opportunities that allow you to communicate with others or with the rest of the work team, which exposes you to risks that you were indispensable, seeking the opinions of people you do not care about, and trying to adopt their expertise and experiences. When we fail to communicate with others, we are afraid; Which leads us to live the experiences of others as if they were our own; We must allow ourselves to be completely independent when we interact with others. And to understand the importance of human conflicts in achieving development, we must make others feel important regardless of our professional relationship with them. When we accurately communicate with others, the possibility that we will receive constructive opinions when we need them increases.
These principles allow managers to understand what is worth taking risks to achieve. While taking a risk cannot be easy, building your confidence to evaluate opportunities effectively will be beneficial. Being bold means being willing to take risks and confident in your ability to succeed. Your curiosity fulfills your need to function as a leader and entrepreneur. When we care about networking truly, we create a trusted network of supporters who help keep us on track and encourage us to take risks to seize opportunities.
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