When we are honest with ourselves, we come to realize we can’t go it alone in our business.
There are going to be times when you need another set of eyes looking at what you are doing.
I have some good people behind me that I can talk to and ask their opinions. They are part of my team.
There’s so much to do in your business and getting the help you need doesn’t mean you aren’t successful. I’m not sure where that thought came from.
Marcus Lemonis has become one of those go to people to see what works and what doesn’t in a business.
Recently he said he’d lost thousands of dollars investing in the wrong people.
The interesting thing about that is he wanted to truly help these people. They had one huge problem.
Marcus said it still surprises him that “one person would want to elevate themselves and minimize other people in an effort to move the business along.”
Would it surprise you to know that employees that have an ego problem are also setting the company up for failure? Here’s what Marcus said about that “[Egotistical employees] are setting the company up for failure, they’re setting themselves up for failure, and they’re potentially going to make a decision that’s going to impact other people.”
Take a lesson from elephants.
In Kenya, researchers have observed a mother elephant and other female elephants helping baby elephants get out of holes, climb muddy banks and guide them to safety.
As we can see elephants help each other. It’s about community.
Going it alone and thinking you know it all is a sure path to failure.
We learn by talking to others, reading, communicating.
Do you have certain strengths that others don’t have? Sure but that doesn’t mean you are the end all and be all.
It boils down to not thinking so highly of yourself that you feel you are above looking for help.
Fear of Failure
Did you know that Daymond John who is the CEO and founder of Fubu and one of the sharks on the Emmy award-winning TV show Shark Tank was rejected by 27 banks for a loan?
If he had let the fear of failure stop him, he wouldn’t have been on Shark Tank. He also wouldn’t have been named a presidential ambassador for global entrepreneurship.
Fighting that fear of failure also enabled him to write his book: The Power of Broke.
Fear is a four letter word, and I love that Marcus says,”You are going to fail at something. Who cares?”
I think fear and perfectionism share commonalities.
When you are a perfectionist, you feel everything has to be perfect
If you take a look at some of the most successful businesses in the world today, you will see that it’s not about being perfect. Successful, money making businesses release their products before they are “perfect,” because they know that the product will progress along the way towards perfection at a much quicker pace if consumers are involved in the process.
Think of it this way, how many minds are better at perfecting a product, one or two, or one or two hundred? By overcoming this concept of perfectionism, business owners can actually increase their profits and decrease their time commitment, while at the same time producing a better product.
In other words, they want their community to help them make it better. Think about the elephants.
Having that lack of fear enables them to do what they feel needs to be done in their business.
I’ll leave you with one last thought from Marcus:”I think if you get up every day and put forth the right effort, with the right integrity, with the right mindset,you’re going to fail at something. Who cares?”
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