Like this article? PLEASE +1 it! Evan Signature
Evan Carmichael Top Header about About Home Profiles articles Tools forums inspirational quotes About facebook Twitter YouTube Blog
Share for a Cause











The New Rules of What-If

Guest post by: Ann Mehl

Article Overview: If you own a computer or read the news, you’ve probably heard of the “two Steves” – Jobs and Wozniak, who founded Apple Computers in 1976. Far less likely is that you’ve heard of Ron Wayne. He designed the Apple logo and along with Steve Jobs and Wozniak, was one of the original founding partners in Apple. Afraid that their new startup computer company would fail, Ron sold back his 10% stake in Apple for $800, only 12 days after he got it. If he’d held onto that $800 stake, even as a silent partner, today he’d be worth around $22 billion.

Free Download - The Sound of No Hands Clapping By Ann Mehl
Name: Email:

The New Rules of What-If

Years ago, I had a similar experience, though on a much smaller scale. The firm I worked for, Otec Inc., offered me an opportunity to partner in developing a new online jobs board. Although the idea of creating a startup enterprise was enticing, my position as an executive recruiter was morally fulfilling. Plus, the client relationships and goodwill that I had built over time was not something I was willing to walk away from. So after some serious consideration, I eventually declined the offer. The new startup venture went on to become Hotjobs.com and was eventually sold to Yahoo for millions. Some of my co-workers who took the leap of faith essentially retired after that and continue to reap the financial rewards.

When I look back on this choice however, I rarely feel regret. I know that I made the best decision that I could, given the self-awareness and information that I had at the time. Like they say about dogs (there are no bad dogs, just bad owners) – I would say the same is true of our decisions. There are no inherently “bad” decisions, just poor ownership of those decisions. Most of us make decisions with insufficient data. When it comes to making choices, we all do the best we can with the knowledge that we have, and then we must let go of the outcome. Letting go means no regrets, no second-guessing, no self-recrimination. Letting go means being easy on yourself no matter what happens.

One of my clients was recently struggling with a thorny dilemma. She was trying to decide between staying in her current job which offered an enticing promotion, or going back to school for an MBA. “Taking the position feels a bit like jumping into shark-infested waters,” she said. “But I fear that coming out of the MBA program, I may never be offered another opportunity like this again. I also know I want to have kids, and getting out school at 37 with no job and no money is very scary! I once dreamed of having this job title and now that it’s in front of me, I’m not sure I even want it anymore.” Sound familiar?

In her book The Joy Diet, Martha Beck outlines questions to ask when considering any course of action:

1. Does the thought of taking this step create an inner sense of clarity, despite my apprehensions? (When a risk is good for you, you may feel apprehension, but little or no confusion.)

2. Do I feel only fear, or is there also a sense of toxicity akin to disgust? (Pay attention here: a “good risk” feels like taking a high dive into a sparkling clean pool. A bad risk feels like taking the same leap, but into polluted swamp water)

3. At the end of my life, which will I regret more: taking this risk and failing, or refusing to take it, and never knowing whether I would have succeeded or failed?



I find these questions are useful in discerning fear from excitement, which often can look very alike.

But what if you’ve already made your decision and it turned out to be the wrong one? That pernicious little voice pops up in your head and begins to chatter loudly: “You saw the red flags and still you ignored it! Boy, you really screwed that one up, didn’t you?” To regret past decisions is to reject yourself, and worse, it means overlooking the lessons they have bestowed upon you. It is also a powerless victim state that prevents us from moving forward. Look, we all play the What-if game on occasion; we wouldn’t be human otherwise. But the trick is to play the game only going forward, not backwards.

If you must play the What-if game, here are the new rules:

Ask only What-if questions about the future:

What if I were to embrace this new opportunity whole-heartedly, what are the potential rewards it may bring? What if I were to take that trip that I’ve always wanted to do and make it a priority for this year? What if I were to offer my candidacy for that job that I just know I can do better than anyone else in my firm?

Stop beating up the younger version of yourself:

The concerns you had at 25 are very different from those you may have at 35, 45, or 65. We are constantly evolving in body, mind and spirit. So we can rightfully expect that our priorities will change over time too. Don’t judge yourself unfairly or keep punishing yourself for some perceived error in judgment. Remember, you were a different person then and you did the best you could. Let it go!

Learn to recognize assumptions:

Human beings, it turns out, are very bad at predicting the future. We’re even worse at predicting what will bring us happiness. So don’t assume that you know where a particular path will lead you. Rather, ask yourself “Does this look interesting? Could this be fulfilling or enriching?”

Ultimately, the choice to let go of all our previous decisions (good, bad or indifferent) is a heroic act of forgiveness. But trust me on this; it is the best decision you will ever make. When you are able to give thanks for everything that has happened in your life, then you are truly free.

Related Articles
  Rule 20 Rules are Made to be Broken
  Failure Comes From Not Following Your Additive Rules
  Q: How can I make my employees accountable?
  Letting go of our rule books
  Mobile Home Parks - How to Properly Enforce the Rules
  The Rules Apply
  E-Mail Tip #11 - Create a Set of Rules for Your Organization
  Are Your Rules Made To Be Broken?
  The Ten Golden Rules
  Can We Really Get Salespeople to Change?
  Losing Control
  Don't Let Social Media Give You a Bad Hangover, Says Leading Recruiter
  Underwater Mortgage Advice: The New Financial Rules of Home Ownership
  BE DiFFERENT Rules System
  Location is Not Everything
  Create your own opportunities
  Simple Rules or Stupid Rules? Which type is running your business?
  Home Based Business or Internet Income; Earning Income While You Work At Home
  Intellectual Property Protection Minimum Standards
  Innovating by Breaking the Rules

Home > Business-Coach > Ann Mehl > The New Rules of WhatIf >
Article Tags: apple logo, computer company, founding partners, jobs and wozniak, silent partner, stake, steve jobs, who founded apple computers

About the Author: Ann Mehl
RSS for Ann's articles - Visit Ann's website

Ann Mehl is a certified Martha Beck coach specializing in life and career transitions. A former executive recruiter, she assists individuals who feel stuck in their lives or simply need a plan to jumpstart their careers. Through one-on-one counseling, Ann guides clients to listen to their authentic selves and focus on their personal growth. As a runner who has completed over forty marathons worldwide, she lives what she preaches. Ann has helped numerous men and women in reaching their personal, professional and athletic goals. She provides a blend of support, empathy, and engagement to address the mental blocks which stand in her clients' way. Ann is disciplined in her approach, and yet flexible enough to respond to individual needs. Ann graduated from Boston College in 1995 and resides in NYC.

Click here to visit Ann's website
Dashed Line

More from Ann Mehl
The New Rules of WhatIf
Whose Life Is It Anyway
Ways to sparkle in tough times
The Sound of No Hands Clapping
200 Words


Related Forum Posts
Trump and Stewart Trump and Stewart - I really enjoyed Trump: The Art of the Deal and The Martha Rules. I think the best advice you can get is from people who have made it and not just consultants who haven't been there. Evan's site is great because of all the famous entrepreneurs and their advice directly from them. Donald Trump and Martha Stewart are 2 great examples of successful entrepreneurs and the books are written in their own words which I find extremely valuable and motivational.
AFL + Soccer Athletes AFL + Soccer Athletes - In Australia one of the most popular sports is Aussie Rules Football, but the principle I'm about to talk about is the same in all sports. The reason athletes get paid so much is because of competition between clubs. For example Club A will offer $1000 a week for an athlete to play for them but then Club B will offer $2000 until one club reaches a figure that they consider to be "reasonable" and obviously higher than the other club is prepared to pay. In saying this if a soccer athlete is worth the $4,000,000 transfer fee and $7,500 a game the management of the team obviously believe they are going to gain more revenue for the club in terms of more wins, supporters, media spotlights and higher morale in the team.
How She Does It How She Does It - Interesting to see what are the most popular threads in this folder, judging by how many hits each thread gets. There must be a lot of moms out there who want to start businesses. I'm currently reading How She Does It: How Women Entrepreneurs are Changing the Rules of Business Success, by Margaret Heffernan. Some interesting statistics: Between 1997 and 2006, privately held businesses owned by women grew at 3 times the rate of all American privately owned firms, women's companies are creating jobs and growing profits at twice the rate of all firms and are responsible for more payroll than all of the Fortune 500 companies combined. This book tells the stories of a few women who have made it big...recommended reading so you know that "you can do it, too."
She Wins, You Win: The Most Important Rules Every Businesswo She Wins, You Win: The Most Important Rules Every Businesswo - She Wins, You Win: The Most Important Rules Every Businesswoman Needs to Know Gail Evans, 2003 Also author of Play Like A Man, Win Like A Woman Inside jacket: Every time a woman succeeds in business, every other woman's chances of succeeding in business increase. Every time a woman fails in business, every other woman's chances of failure increases. Gail realized that one of the most important elements of the men's game, which was missing from the women's, was support: The boys know how to take care of one another. In order to create lasting success, women need to help one another and band together as a team. TOC The Woman's Team Why you must play on the woman's team How to join the team Tips for the team 1. Be a mentor 2. Rainmake 3. Uncover and share information 4. Keep quiet 5. Unite with all women at all times 6. Make team-related choices 7. Weave a female web Challenges of the Team Twelve team members to watch out for The eleven most common team questions (and answers) Conclusions Acknowledgements My own view Haven't read this yet, but it seems like she's advocating an "Us against them" mentality. Neverthless, networking with fellow women - and men! - only makes good sense.
Protect yourself from Hackers Protect yourself from Hackers - I received this from a newsletter from FXpro that I subscribed to. Please read and apply In the 21st Century internet is widely used for everyday job. Despite the "ease" and free time offered from internet use, one should be aware of the dangers and be prepared to avoid and safeguard him/herself from any attacks his/her computer may accept or even from the "unwanted" e-mails received. Golden Rules of Protection When using the internet make sure you have an antivirus program installed in order to avoid intrusions in your Computer, If you are using wireless internet connection make sure you have your connection locked, Do not save any official documents on your Computer, such as Copy of Passport, ID, Bank account numbers, copy of cards in case your Computer is hacked or even stolen, Keep all access codes/passwords in a safe place, Do not share an e-mail address with any person, Do not reveal any access codes, passwords to any person, If you are using a public Computer, ie in an internet cafe, make sure you log out any internet sites you have visited before leaving and deleting the cookies in order to minimize the risk of someone following your tracks, Regularly change your passwords on your e-mail accounts, or any other account that requires passwords, Be careful of e-mails received. Always check the e-mail address and in case you believe that this does not come from a person, Company, Organization you might be dealing with always send an e-mail to an e-mail address stated on the person's business card, Company's, Organization website requesting them to confirm that the e-mail address on the e-mail received belongs to them, before you reveal any information, Always have in mind that an established Company/Organization never uses an e-mail address such as g-mail, yahoo, hotmail etc thus always be careful when you are receiving such e-mails, even if it appears to be from a Company/Organization you are dealing with, Always remember that a Company or Organization will never require you to send them your login/password/access codes, When using a website that requires an access code, do not allow the browser to remember your passwords


Recommended Article for You close

  Rule 20 Rules are Made to be Broken

Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.



Featured Article

Bottom Footer



Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Name:
Email:
Popular Articles

3 Health Insurance Misconceptions

Starting a Business with Bad Personal Credit

Anger Solutions at Work: Why Customers Get Angry

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.