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General Thinking

Thinking

Thinking is a double edged sword.

I often advice entrepreneurs to think about what they plan to do. I also advice them to spend time thinking about their business rather than getting down to execution. Thought is a cheap simulation machine that is available to us. The more data you feed (talk to potential customers) it, the better the results.

The other edge of that sword is overthinking. Almost all of us are guilty of it. Overthinking is something that we tend to do with things that are very close to us. Usually relationships, money matters, etc.

Overthinking positively is dreaming, while overthinking negatively is anxiety.

Both can lead to terrible outcomes. If your dream too much you could get delusional but if you become very anxious, you will probably invent problems that may not have ever existed.

Thinking can be your greatest asset but it can also be your greatest enemy. Like most things in life, it’s best to use it in moderation.

Spending time thinking about the things that you are planning to embark on is critical. Find your limit and stop at it. If your thoughts are not adding value; making you see something that you do not already know, STOP.

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General Thinking

When things fall apart…

Hold it together.

Often the difference between those who lead and those who follow is merely this.

In life there will be instances when things would not go your way. We all operate on assumptions and it should come as no surprise that some of those assumptions turn out to be wrong. The more fundamental the assumption, the harder the hit. When this happens, you often feel like everything is falling apart.

As an entrepreneurs you are probably going to go through this feeling one too many times. It never stops. 

Great leaders hold it together when confronted with their world falling apart. Not only do they hold it together, they analyse the situation properly and make the right decision.

This quality singularly differentiates leaders from followers. Not IQ, not ability, not skill; just being able to hold it together and doing the right thing.

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General Thinking

On Carrying On…

In an experiment that was conducted in the 1960’s two dogs were placed in two separate cages. Each dog then received a series of electric shocks to their hind legs at the same time. The first dog’s cage was fitted with a pad which it could push with its nose and stop the electricity. The electricity would stop for both dogs. The first dog learnt to push the pad; the second dog had no choice.

After conducting the same test 25 times, the dogs were put in different cages. This time they were subject to sharp sound. While the first dog tried to find a way to stop it, the second dog lay on floor whimpering and waiting for the sound to stop.

The second dog had learned hopelessness.

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All of us in life are faced with the same probabilities. On odds all of us face the same number of successes and failures. The order in which they arrive may vary.

Let us try a problem in permutation and combination.

S = Success

F = Failure

If I gave you 4S’ and 4F’s, in how many ways can you arrange them?

I am sure there would be one arrangement that goes – FSFSFSFS; and one that goes FFFFSSSS.

The two stories end up separating optimists from pessimists.

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What often separates optimists from pessimists is hope. Further, it is the willingness to attribute failure to factors that are temporary and can be changed, whether internal or external that makes someone an optimist.

Pessimists often assume that the failure is due to reasons which are permanent and stop trying. In their case, failure becomes a self-fulfiling prophecy.

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Focus on your self-talk. The seeds of what your life looks like today lie within it. If you think the reasons for your failure are temporary, you will change something and believe in yourself and you will persist.

It gives you the strength to carry and to find success.

Keep fighting.

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General Thinking

Prisoner

Money

Health

Happiness

Capability

Relationships

Friendships

Respect

Honor

Recognition

Passion

Drive

 

We all crave some or all of these things in varying capacities. Almost none of us get all of it at the same time.

Human tendency is to focus on what we have lost which makes us all bent towards loss aversion.

If someone told you there was a 5% chances of death during a surgery, you would not want to go ahead. If the same thing is projected as 95% of success, you do. We are afraid of losing and we focus on what we have lost rather than what we have not.

So in the list above if you find anything that is not at a level you would like it to be, leave that aside and focus on all the other things that are at a level you would like them to be.

It is not worth even a moment of negative thought because what you have will always far outweigh what you don’t.