Thomas Edison Image credit: Louis Bachrach, Bachrach Studios, restored by Michel Vuijlsteke
I’ve learned that a potentially dire situation should be viewed as a means to learn and should not be seen as the end of the world, no matter what the situation.
This article by Ryan Holiday of Entrepreneur.com does a good job of summing up what sets more successful entrepreneurs apart from their peers. In a nutshell, the message reminds would be entrepreneurs that they are in control of their fate. A potentially disastrous situation can be addressed and dealt with more effectively when a clear, cool head is maintained. Abstract, creative, positive thinking should be used to give the entrepreneur the best shot in learning from the experience and applying the lesson to future challenges, no matter how tough the situation appears.
This article by Ryan Holiday of Entrepreneur.com does a good job of summing up what sets more successful entrepreneurs apart from their peers. In a nutshell, the message reminds would be entrepreneurs that they are in control of their fate. A potentially disastrous situation can be addressed and dealt with more effectively when a clear, cool head is maintained. Abstract, creative, positive thinking should be used to give the entrepreneur the best shot in learning from the experience and applying the lesson to future challenges, no matter how tough the situation appears.
Turning Crisis into Opportunity: Five ways to Deal With Hardship
Entrepreneurs face obstacles from the moment they wake up in the morning, whether they're trying to satisfy investors, struggling to meet payroll, dealing with unexpected complications or delivering a new product to market.
Of course, not everyone is cut out for these rough seas. But some individuals stand out as being particularly well-suited for dealing with what investor and advisor Ben Horowitz calls the “hard things.”
It’s these entrepreneurs who turn what seems to be an unending stream of difficulty into advantage. They emerge from obstacles stronger and more successful. While others lose their heads (or their shirts), they not only remain calm but seize the offensive and the opportunities. Subjected to such obstacles, these entrepreneurs are transformed much in the way that Andy Grove, former Intel CEO, observed, “Bad companies are destroyed by crisis. Good companies survive them. Great companies are improved by them.”
Read more: http://www.entrepreneur.com/article/232848
Entrepreneurs face obstacles from the moment they wake up in the morning, whether they're trying to satisfy investors, struggling to meet payroll, dealing with unexpected complications or delivering a new product to market.
Of course, not everyone is cut out for these rough seas. But some individuals stand out as being particularly well-suited for dealing with what investor and advisor Ben Horowitz calls the “hard things.”
It’s these entrepreneurs who turn what seems to be an unending stream of difficulty into advantage. They emerge from obstacles stronger and more successful. While others lose their heads (or their shirts), they not only remain calm but seize the offensive and the opportunities. Subjected to such obstacles, these entrepreneurs are transformed much in the way that Andy Grove, former Intel CEO, observed, “Bad companies are destroyed by crisis. Good companies survive them. Great companies are improved by them.”
Read more: http://www.entrepreneur.com/article/232848
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