Entrepreneur New Years Leader
Get inspiration from the business resources in our guide and help you meet your goals in 2021.
This article has been translated from our Spanish edition using AI technologies. Errors can occur due to this process.
The opinions expressed by the entrepreneur's contributors are their own.
"I'm an old man and I've known a lot of problems, but most of them never happened." -Mark Twain-
Sometimes, if not always, we fear the unknown, which "can happen" because we are human and the unknown always bothers us, but what if everything we imagined never happened?
Like you, many entrepreneurs and business people have had the same question "what if …". Fortunately, I've made up my mind to put myself in awkward situations in order to deal with them so as not to stick with the "what if" and when something annoys me or scares me I always jump in and it's something that works pretty well So far for me it's better to say "I did it and this happened …" to say "I didn't do it and I don't know what would have happened" and it's something I've been doing for years before meeting the great Tim Ferriss.
But hey, I didn't get to this point in my life alone, great mentors, minds, teachers were with me and in those great minds is Tim Ferriss, the author of many bestsellers, including "The 4 Hour Work Week". And when I was talking about him, I found in his book "Titans" the 7 questions he recommends if you are afraid to take the big leap.
Before Ferriss answers these questions, he recommends: Answer in writing and the first thing that comes to your mind without thinking too much. Write and do not correct, since the most important thing is quantity, devote a few minutes or each question.
Tim Ferriss says:
Define your nightmare, the worst that can happen if you do what you think about. What doubts, fears, and “what ifs” do you think of as you think about the big changes you can (or must) make?
What steps could you take to repair the damage or even get things back on track temporarily? It can be easier than you think. How would you regain control?
What are the temporary and permanent results or benefits of the most likely scenarios? Now that you've defined the nightmare, what are the most likely or clearly positive outcomes, whether internal (confidence, self-esteem, etc) or external? What is the effect of the most likely outcomes on a scale from one to ten? How likely are you to get at least a moderate positive result? Are there any less intelligent people than you who have done this and succeeded?
If you were laid off today, what would you do to regain financial control of your life? Imagine this situation and answer questions one to three. If you left your job to try other options, how would you return to your current career path later in the event of absolute need?
What are you postponing out of fear? What we fear most is usually what we need to do the most. That call, that conversation, whatever; It is the fear of unknown consequences that prevents us from doing what we have to do. Define what is the worst that can happen to you, accept it and do it. I'm going to repeat something that you might want to think about getting a tattoo on your forehead: what we fear most is usually what we need to do the most. As I've heard, a person's success in life can often be measured by how many awkward conversations they want to have. Make the decision to do one thing that scares you every day. I've gotten used to consulting celebrities and famous business people.
How much does it cost you (financially, emotionally and physically) to postpone your performance? Don't just appreciate the possible downsides to trading. It's also important to weigh the hideous costs of not acting. If you don't pursue what excites you, where will you be in a year, five years, or ten years? How will you feel when you allow circumstances to prevail and ten more years of your finite life will pass when you do what you know will not satisfy you? If you see yourself ten years from now and you know with 100% certainty that this is a path of disappointment and regret, and if we define risk as "the likelihood of an irreversible negative outcome," then inaction is the greatest risk of all .
What are you waiting for? If you can't answer this question without resorting to the stupid "this is not the time" approach, the answer is simple: you are scared, just like the rest of the world. Assess the cost of inaction, determine the improbability of most missteps and the chances of correcting them, and inherit the most important habit of those who excel and enjoy doing it: action.
As you can see, there are 7 super powerful questions Ferriss asks us: if you are honest, they will make you accomplish what you have been putting aside for so long and eventually learn what it feels like to do so do and not im "would" or "what if". WARNING it is not easy, but it can be done. I put them into practice and believe me they made me start conversations with great people, business people, and people I admire. I've done things that I never imagined. I share all of the above because I know that you have the thorn in your side to take your life, your business, your economy, your emotions to another level. Don't let fear stop you, let it drive you.