Saturday, December 22, 2012

Positive thinking can help you bounce back from failure/solve problems

From entrepreneur.com

Positive thinking is an old idea.  From Napoleon Hill, Dennis Waitley, we go this idea.  We also got this Daniel Goleman on Emotional Intelligence (EQ)  - the ability to motivate oneself and  others.

There are negative emotions:  shame, guilt, panic, fear and they overcome the entrepreneur clouding their judgements and ability to think clearly.

Once looked as trifle and minor, positive thinking is looked upon as central to resiliency in times of crisis and is critical to innovation, persistence, and success.  This is according to the book of Positivity by Barbara Fredrickson of University of North Carolina. This is called the undo effect

One way of overcoming anxiety before the speech is by having positive images of beach, nature or dog. For entrepreneurs who experience adversity and failure, we can have positive images through gratitude.  We can be happy by being grateful for our blessings.  There is so much for be happy for our blessings

Positivity by Barbara Fredrickson

How to run your business like Santa

From Money/US News

You can definitely benchmark Santa Claus (if he is true or imagined) on how to run/Manage a successful business:

l. Plan ahead; planning means preparing far in advance.  By December 26, Santa would be preparing for Christmas next year;

2.  Reward the doers;

3.  Give positive feedback (to the deer and workers who prepare the gifts 

4.  Stick to a winning strategy (He has stuck to his game plan ever since)

5.  Focus on the customers - those who will receive the gift.  the nice ones.

But then again, it this the best way for customers to receive the gift?  A new business model is needed;  the link can be changed:   you can Fed Ex or DHL the gift and save him from the wear and tear of going around himself every Christmas...

How to manage like Santa Claus

Some guidelines when busines is failing

From women entrepreneur secret.

What do you do when your business go on downward spiral?

l.  Panic

2.  Quit

3.  Look for alibis

4.  Analyze and think

5. Act

Definitely I would go for # 4 and # 5.  Here are other tips from a post at women entrepreneur secret:

l.  Gather your doers at a powwow -  do not include the negative thinkers and whiners, complainer;

2.  Get off the road and think;

3.  Benchmark;  look at other business models

4,  Remove fear  

Read more on article by Barbara Sanders