Welcome to our video series “quick marketing and business tips” where we’re giving you actionable advice, tips, and recommendations, to grow your business today.
This is episode #41.
Let’s dive right in!
Episode 41: Courage in business
We discuss entrepreneurship often on the blog and we referred to the most common characteristics of successful business owners in an article under the same title. And one of those common characteristics is taking risks. And I mean calculated risks.
This is what defines successful business owners.
And at some point, you’ll have to deal with dilemmas, problems, and issues…you need to move forward.
Being courageous is what will help you.
This is the right mindset, being courageous. But…also we don’t want to cross the line, we don’t want to suicide as business owners, we need to take calculated risks.
The Harvard Business Review mentions that in business, courageous action is really a special kind of calculated risk-taking. Business courage is not so much a visionary leader’s inborn characteristic as a skill acquired through decision-making processes that improve with practice.
It’s a skill, you can become better by practicing and you’ll improve as a business owner over time.
And some people argue that intelligence is what defines success in business.
But intelligence can only get you so far. it can work against you, it can limit your actions in some cases. It gets you prepared, helps you get organized, spot problems, recognize opportunities, and stay safe. It helps you envision the path to success.
But courage is what helps you move forward. Courage is the fuel to follow your dreams no matter the outcome.
And you take it one step at a time. you can do something courageous in your business, it doesn’t have to be something big. It can be something small so you can prove to yourself that the process works. It works for others, it works for everyone.
I know that not all leaders are confident. But they often take some risks, even when they’re afraid.
That’s when innovation happens. This is the magic!
They say that courage and leadership go hand in hand.
Being courageous is not being unafraid and fearless. No, it’s acknowledging that you are indeed afraid and uncertain and pushing yourself to p[progress and execute your big ideas.
Without those big ideas, without courage, we’d been lost in an ocean of competition.
“Big Ideas”? Is the 2nd phase in my “7 Ideals” methodology.
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