Resolved

Question: What’s the best New Year’s resolution for an entrepreneur?

Answer: While many great ideas come to mind, there is one that is elegantly simple and it goes like this. I resolve to embrace entrepreneurship as a lifestyle of choice and responsibility. Doesn’t this statement epitomize entrepreneurship?

One of the greatest things about being an entrepreneur is the fact that we are free to make our own choices. While this is true for everyone – entrepreneurs and non-entrepreneurs alike – to succeed as an entrepreneur it is imperative that we understand the concept of choice. No one else makes our choices for us. We can choose to make rational decisions or irrational ones. We can choose to be positive or negative. We can choose to be creative; we can choose to be philanthropic; it’s our choice to win or lose, and we choose whether or not to be happy and prosper.

Choice is perfectly symmetrical with responsibility. We make our choices and then we take responsibility for the consequences of those choices. If we make rational choices we will succeed and if we make irrational choices we will fail. And we accept responsibility for this. If we choose to be positive, our life will be rewarding in countless ways. And if we choose to be negative, our life will be full of stress and strife. Above all, we accept responsibility for these choices. We are never victims of anything or anyone.

The power of choice and responsibility is one of the most liberating aspects of our lives. An entrepreneur who completely understands choice and responsibility can live a life absolutely free of fear for he or she is in control of his or her own destiny. I’m not a big resolution-maker as each year comes to a close. But from a big picture standpoint, I remind myself that what happens in my life – every single thing – is the result of a choice I made. I fully understand the results that stem from each choice. And if I don’t have this understanding it’s because I didn’t choose to do the necessary research in the first place to reach a full understanding.

Thus, it is my resolve to make the best choices I possibly can using the best possible information I can gather, and then let the chips fall where they may. But at the end of the day they are my choices and my responsibility. Happy New Year.

This blog is being written in tandem with my book, “An Entrepreneur’s Words to Live By,” available on Amazon.com in paperback and Kindle (My Book), as well as being available in all of the other major eBook formats.

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Once and For All

Question: I have some less-than-desirable habits that I’d like to change. I’ve tried before but somehow I run out of gas. Is there a secret to gaining self-discipline?

Answer: Welcome to the club. Like everyone else, we entrepreneurs have things we’d like to change about our lives. Our challenge is to make certain that our bad habits don’t get in the way of our success. Obviously some habits are of more concern than others. Gambling, drugs, alcohol, infidelity – these are issues that can prevent or destroy success. Getting professional help to solve them may be the right move. But there are other habits that we can deal with. Do you want to exercise more or quit smoking? How about losing weight or even something as simple as not interrupting someone else when they are talking?

I wish I could tell you that the answer is simple, and actually . . . it is. What it all boils down to is making a choice. We fail so often at changing things in our lives because we aren’t ready to make the “once-and-for-all” choice. I enjoyed smoking pipes and cigars for many years but one day more than eleven years ago I decided that it would be healthier not to smoke. So I quit cold turkey. I was just ready to make the “once-and-for-all” choice. Something clicked for me. It was a realization that I was having a ball living my life and my smoking habit might someday interrupt all that fun – as in my early demise.

Until we have the epiphany that results in a “once-and-for-all” choice, we’ll never eliminate the bad habit we want to break or launch that great new habit we want to start. Becoming self-disciplined is a process. As entrepreneurs we know that much of the success in our businesses comes through a dedication to process. Start this process by taking inventory. If there are habits you’d like to eliminate (or good habits you want to start), make a list of them. Decide which is most important and focus on it only. As the saying goes, the only way to eat an elephant is one bite at a time. If you try to tackle everything at once it may be an overwhelming experience. Think hard about what you expect to gain from making the change you want to make. Write down everything that comes to mind. When the “aha moment” arrives you’ll know you are ready to make the change. If you try to force yourself to become more self-disciplined it is likely that you’ll be frustrated when this approach doesn’t work. Only when that “aha” spark occurs will you make the “once-and-for-all” choice. And then the change that happens will be permanent.

This blog is being written in tandem with my book, An Entrepreneur’s Words to Live By, available on Amazon.com in paperback and Kindle (My Book), as well as being available in all of the other major eBook formats.