Tag Archives | persistence

How to be a Winner and Not a Loser in the Current Economic Turmoil

In the last couple of weeks I have been talking to you about issues I will be addressing at our Business Summit on 17th of October.

This week I want to give you a sneak preview into some of the gems you can expect from our other two keynote speakers.

In the current turbulent economic times there will be winners and losers. One key to ensuring that you are a winner and not a loser is to approach issues with the right mindset so you see the opportunities and not just the problems. Lindsay Galt will be addressing this topic at the Summit.

Today I have asked Lindsay to give you a sneak preview into some of the gems he will be sharing with us.

From Lindsay’s Desk

Life is full of choices and the sum of these choices determines your destiny. To be able to make the right choices you need to be able to make good decisions. This is one trait successful people have – an ability to make effective decisions.

One of the biggest barriers to effective decision making is fear. It may be fear of failing, fear of getting it wrong or perhaps, surprisingly, some people even fear success.

When it comes to making decisions there are four impediments that need to be addressed to overcome the fear of failing, or making a mistake. These are:

  • Doubt
  • Over Caution
  • Worry
  • Procrastination

The way to overcome fear is to deal with each of these four impediments that support it.

Here are four steps to help you overcome fear.

  1. Do your own due diligence; read, learn, and get informed about the key facts and issues affecting this decision.
  2. Consider intelligently the risks, and build in contingencies to counter them.
  3. Don’t over-stretch yourself. Take things one step at a time. Make decisions that will challenge you and cause you to grow personally or expand your resources, but make sure each step is still achievable for you.
  4. Seek the opinion and advice of wise, supportive counselors who have proven knowledge and expertise in the subject matter.
  • Step one will allow you to replace doubt with confidence.
  • Step two will allow you to replace over-caution with prudence.
  • Step three will let you replace worry with peace of mind.
  • Step four will give you the support and encouragement you need so you can replace procrastination with taking action.

—Lindsay

At the One Sherpa Summit, Lindsay will be sharing a bunch of other insights and keys to assist attendees on their journey to success. Amongst them will be 10 steps to effective decision-making.

I hope to see you there.

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