Business has rules. Experts have advice.
And yet every now and then someone ignores the experts and flaunts the rules and succeeds.
Are the “tried and true” rules in business always correct? Or are there some common misconceptions that would be better ignored than followed?
The fallacy of expertise – How often do we follow someone’s advice simply because they or someone else labels them as expert?
Just because someone has a degree or wears a uniform doesn’t necessary mean that they know what they’re doing. All physicians have degrees and licenses, but are they all equals in knowledge and levels of ability?
Of course not. Let’s be clear – expertise can be valuable if is authentic. Often times common sense equals or exceeds the advice of so-called experts. Stop, think and ask yourself, “does what they’re saying make sense or not?
The fallacy of failure – People avoid failure and mistakes like the plague. Yet we cannot learn if we don’t make mistakes.
A recent study revealed highly successful executives making the correct decisions in business only 51% of the time. That’s all they needed to be right to win!
Learn to see failure as a learning and strengthening process. See failure as good, not bad. Remember that being right only half the time will put you in the winner’s circle. Start failing today so you can start succeeding tomorrow.
The fallacy of waiting for the perfect time – We hear that timing is everything. And so we wait for the right time to enact our vision or desires.
Yet there is no time like the present. The perfect time often never comes. Ready, aim, fire is the drill in target practice. In business, ready, fire, aim is closer to what really works.
Some people wait for the right time. Others make now the right time. Patience is not always a virtue. Seize the moment. You don’t have to wait until everything is just right. Don’t let perfect ruin good enough.
The fallacy of believing you can know what’s ahead – How often have we thought we knew what was ahead, only to be fooled? Should we be planning for the future at all?
The key is to plan for several possible futures. Then, execute passionately. Marginal tactics executed well will almost always outperform brilliant tactics executed marginally.
Don’t value planning for the result: the plan – value the process.
The fallacy of planning your future – Given that’s it’s true that we can rarely know what’s really ahead, is there a constant? What can we count on?
Smart business people know that they and their employees are their most valuable assets. Outstanding people who fit your basic, broad vision will tend to make the right decisions along the way, not by following the plan so much as by using their skills.
Look for people who are highly skilled, intelligent, and adaptable and who value and use common sense. Hire and nurture these people. They are the ones who will be able to take your company where you want it to go. Remember, don’t plan your future – plan your people.
As we have seen, not everything is as predictable as we have been taught to believe. Planning is not a science, but an imprecise art. Value the art of the imprecise plan and watch your business prosper.
The Five Fallacies Of Business - To learn more about this author, visit Riley Cardwell's Website.
Like this article? Share it with your friends
 |
Related Articles |
|
 The Truth and Lies of Owning Your Own Business
|
| |
While the trend continues to rise with millions on the entrepreneur playing field, more and more people find themselves contemplating whether starting a business is right for them.
Initially there is the draw to ...
|
|
How to Overcome Serious Regrets
|
| |
There is no such thing as a life without any regrets. However, regrets can become either burdens that interfere with your present happiness and restrict your future, or motivation to move forward. If you find yourse...
|
|
Building Your Business with an Opt-in List
|
| |
In today's fast-paced, microwave, "gotta have it now" world....we have to reach our customer and prospect base with an efficient method of communication that they can quickly digest....and have this marketing method...
|
|
There's No Such Thing as a Balanced Life
|
| |
If you’re a coach, a business person, a busy person, an overwhelmed person… you're probably seeking what the 'experts' call - balance.
While this sounds great, it's an unrealistic term that sets you up for failur...
|
|
Why Collaboration not Competition is a winner for your business
|
| |
It’s a cut-throat world, where serious business means competing for market share to survive. We watch our competitors closely to ensure we maintain the upper hand.”
|
 |
Related Businesses - Evan Elite Authors |
|
Leanne Hoagland Smith
Are you or your business where you want to be? Are you facing constant struggles in business or life in general? Would you like to "unlock" those obstacles keeping you from greater business or personal success? As your results partner, we can work together to unlock those desired results by achieving tomorrow's solutions today. Let’s use your strengths for real change through proven and affordable solutions where the real problems are identified. Are you seeking loyal customers, great attitudes, increased sales, improved profitability or just some sleep filled nights? Then we should talk because my clients have experienced exactly those types of results. Learn more about customer loyalty at http://www.processspec ialist.com/customer-loyalty.htm Give me a call 219.759.5601 for a free strategy session. I look forward to speaking with you. P.S. If you are seeking a motivational speaker, sales trainer or small business expert that will leave your audience smiling and remembering, please feel free to contact me at 219.759.5601. - Visit Leanne Hoagland Smith's Website |
The Evan Elite Authors program is currently in beta phase. For details please contact us.
|
|
|
Riley Cardwell
(Visit Riley's Website)
Riley Cardwell works with individuals as
well as large and small businesses to help
them identify the keys to rapid success.
With almost 30 years' experience as a
professional broadcaster, motivator,
author, television host and business
success coach, Riley's passion is helping
people discover and use their hidden
talents to achieve their goals.
He can be reached at (619)515-4884.
|
|
|
|
![[Get Copyright Permissions]](http://license.icopyright.net/images/icopy-w.gif){kind=small}
