Unveiling The Negative Impacts Of Taking Permanent Decision Against Temporary Things In Business * Part 2
Your intellect may be confused,but your emotions will never lie to you. Emotion is often intertwined with mood,temperament,personality,disposition,and motivation.but let’s go a step further to define Emotion:a mental state variously associated with thoughts,feelings,behavioral responses,and a degree of pleasure or displeasure. I will focus more on emotions in financial decisions toady.We businessmen must be very strong to deal with it.
As a business owner,it’s important to nurture your Emotions Discipline and prepare yourself for the difficulties that can come with running a business. Every successful businessman has stories of failure.Stories Of ups and downs,mistakes and errors here and there.Your Success Will,to a large extent,you must be determined by how you manage the financial resources you have at your disposal. And,if there’s one mistake you don’t want to make,it’s letting your emotions control financial decision making.
Draw-Up Goals To Hit The Target:
When emotions guide financial decision making,it’s almost always because there are no financial goals in place. A lack of goals means a lack of structure,which gives you free reign to listen to your emotions. If you want to avoid putting yourself in compromising situations,take the time to establish clear and concrete goals that guide decision making.When things aren’t going well for your business,or you find yourself in a tough situation where the outcome looks bleak,it’s easy to feel sorry for yourself.As you might guess,this often leads to some bad dangerous mistakes.Don’t Put Your Emotions Ahead Of Good Reasoning
You Be Accountable:
Like it or not,you want to be accountable to yourself and others. Accept responsibility for what you’re doing,and how you do it. Also,be willing to accept responsibility for your mistakes.Too often,we want to blame others,or hide from our shortcomings.This step builds on understanding yourself.Take the time to know where you stand,and be willing to admit your mistakes and move forward. You don’t want to spend so much time and energy on covering up mistakes and trying to blame others that you don’t have anything left for your business.That sort of activitiy is emotionally draining. Admit your mistakes,be accountable for making positive changes,and claim responsibility for your actions.You’ll feel empowered, and be in a better position to succeed with your business.
End Of Part 2
My Final Parting Word:
Intellectuals solve problems,Geniuses Prevent them.
Philippians 4:6-7 ESV
Do not be anxious about anything,but in everything by prayer and supplication with thanksgiving let your requests be made known to God.And the peace of God,which surpasses all understanding,will guard your hearts and your minds in Christ Jesus.
Proverbs 25:28 ESV
A man without self-control is like a city broken into and left without walls
John 15:5 ESV
I am the vine;you are the branches. Whoever abides in me and I in him,he it is that bears much fruit,for apart from me you can do nothing.
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Austin C. Agbakor