The Undaunted Entrepreneur

Have you ever felt like your back was against the wall? And I’m not talking about a looming deadline to renew a driver’s license. No, I’m referring to a true-life Indiana Jones sort of experience. You’ve stepped into a room and activated some sort of an ancient counterweight that causes the floor, ceiling, and walls to shift and begin to close in on you. There’s seemingly no way out and you can either await your doom or “MacGyver it” and improvise a solution. I apologize – sometimes my metaphors can really become convoluted. Indiana, meet MacGyver. Perhaps you’re running low on cash – in your business or personal life. Maybe your top three team members have just announced they are setting up shop across the street and will become your competitor. Or your top three customers have determined that they will be purchasing 75% to 90% less of your product.

Human nature might say that a panic attack is in order, followed by a bottle or two of something at least 100-proof. We’re at a loss in terms of how to react. Some might call this a state of shock. While all we may want to do is run and hide, that’s simply not an option. And we really aren’t receptive to the notion espoused by a parent (or a coach) at some point in the past – “what doesn’t kill us makes us stronger.” Instead, we look at the wall that seemingly has no way over, under or around, and completely shut down. Except there’s one thing . . . we cannot shut down. Period. Ultimately, we develop a special kind of spirit. I call it “undaunted spirit.” In our hearts we truly believe that nothing is insurmountable. This isn’t just a conscious state of mind – it’s a knowing at the very core of our being.

So exactly how do we achieve this undaunted spirit? We can’t just snap our fingers and manifest it. It requires daily preparation and practice every chance we get. Undaunted spirit isn’t something that flips on and off like a light switch. Once we have it, we always want to maintain it.

Step one is to make a game out of solving problems creatively. Entrepreneurs are often quick to solve a problem and move on without giving much thought to all the different solutions that might be available. We usually go for the most intuitive, expeditious and least costly. But doing this deprives us of the opportunity to look at a whole host of other ideas. The entire point in doing this is to help us realize that there are usually many different options from which we can choose. It may be obvious that if kids are tracking a path through our yard after school, we plant a couple of thorn bushes to dissuade this behavior. If we slow down and think about it, there may be other solutions that are equally workable or even better. Maybe we could have the lawn sprinkler system set to come on as school is dismissing. Using everyday issues like this to practice creatively identifying multiple solutions prepares us for the Tuesday when we learn that there’s not enough money to make payroll on Friday.

Step two is to do whatever it takes to stay positive every minute of every day. I’ve said it before – negative thoughts and negative energy never solved anything. Worse, they block the flow of positive energy that delivers creative solutions. Practicing maintaining a positive mindset in our everyday life prepares us for the day when the “you-know-what” hits the fan.

Step three is simple – stay calm. I remember years ago I was flying my airplane and practicing approaches in unstable weather. I was instrument rated and wanted to get some real-life experience in more difficult conditions. A storm was moving in, and I was near the airport when suddenly I was caught in a strong downdraft. I was going straight down, and I mean STRAIGHT DOWN. Charts and pencils were flying around the cabin – and just as quickly I was caught in an updraft and going straight up, and I mean STRAIGHT UP! I will confess that there was moment of “pucker factor,” but I had practiced staying calm and the practice took over. I knew I just had to fly the airplane and not worry about anything else, and by remaining calm I was able to make it through a scary situation unscathed.

Creatively identifying multiple options; fiercely maintaining a positive frame of mind and keeping calm helps us develop undaunted spirit. Then like a magician, we are able to pull the rabbit out of a hat whenever the need arises because we know that no challenge is insurmountable.

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.

The WUONPS Entrepreneur

Have you ever found yourself in what I call a “wired-up overwhelmed near-panic spiral – WUONPS?” You wake up at 3:30 AM with this gnawing feeling – you are not worried about anything in particular, but that feeling is there. You cannot go back to sleep, so you get up and make some coffee. You surf the internet while drinking three cups of coffee. Then you hit the drive-through at Starbucks on the way to work and get a Triple Frappasomething with an extra double shot of cappuccino. It has been consumed before you reach the first stoplight. By the time you arrive at the office the feeling is welling up. With few more cups of coffee, a glance at 75 new e-mails and a minor crisis dropped in your lap, you have now reached the pinnacle of WUONPS. Oh, and it is only 8:11 AM. What to do?

The first step is to recognize the state that we are in. The quicker we can do this the faster we can move toward resolution. When we push on without stepping back our feelings cascade and we end up in a spiral. In aviation parlance, we are now in full-fledged crash and burn mode. When we recognize that we are headed into WUONPS we need to stop what we are doing IMMEDIATELY. Then we need to go and find a quiet place for decompression.

Once in our quiet place it is important to sit with our feet flat on the floor and hands in our lap with our eyes closed. We take a deep breath and let it out slowly. We do it again and again. Focusing on our breathing is a sure-fire method of calming ourselves. Deep breathing delivers increased amounts of oxygen to the brain. Livestrong.com says this: “Breathing slowly and mindfully activates the hypothalamus, connected to the pituitary gland in the brain, to send out neurohormones and trigger a relaxation response in the body. The hypothalamus links the nervous system to the endocrine system, which secretes the hormones that regulate all activities throughout the body.” Scientific explanation or not, this process definitely works.

Once we have begun to “unwire” through deep breathing, we might undertake the ROY G BIV exercise. ROY G BIV is an acronym for the seven colors of the rainbow – red, orange, yellow, green, blue, indigo, and violet. In our mind’s eye we see each of the colors of the rainbow traveling from the center of the earth through the bottom of our feet, up our leg, across our midsection, down the other leg and back to the center of the earth. We do this slowly and intentionally with each color of the rainbow. The purpose of ROY G BIV is to ground ourselves. I know that when I have been in a state of WUONPS, I have a weird free-floating out-of-control feeling. ROY G BIV eliminates this feeling.

After spending ten or fifteen minutes deep breathing and grounding ourselves, we are now ready to move back into the day. But first we should review our goals and objectives for the day. We spend a few moments with our “To Do” list and make sure we are clear on what we intend to accomplish for the rest of the day. Then we move forward with a new purpose and a new attitude. And . . . we avoid any additional caffeine for the rest of the day. We can also eliminate WUONPS altogether if we exercise regularly (daily for me); limit our consumption of caffeine and maintain a daily practice of meditation or quiet time.

Recognizing WUONPS is critical. Breaking the spiral with deep breathing and ROY G BIV is paramount. Recommitting to the day with a clear understanding of what we intend to accomplish puts us back on the calm and productive path we desire.

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.

The Mind Control Entrepreneur

I am sure that it is no surprise to know that the most powerful machine on earth is the human mind. A quick check on the Internet reveals many fascinating facts about the brain. How accurate they are is up for debate, but interesting, nonetheless. For example, the brain can store an estimated 2,500,000 gigabytes and operates with 86 billion neurons that travel 150 miles per hour. The average attention span is 20 minutes (12 minutes shorter than ten years ago), and we are finding that easy access to information is making it harder to remember.

Entrepreneurship is a mind game – maybe close to 100%. How we manage our thoughts has a direct impact on our probability of success. I know people who are brilliant at a genius-level but cannot function in society. Emotional and psychological issues are too much for them to overcome. For most of us however, mind control is a learned behavior. We have the capability to fine tune the way we think in such a way that our mind-power is amplified.

Our thoughts and emotions are inextricably linked. I have found when my emotions overwhelm my thinking nature, that’s when trouble begins. We entrepreneurs are especially vulnerable to a wide range of emotions that can run rampant and wreak havoc. Think about it. We learn that a major customer is taking its business elsewhere, and immediately our mind may go to the darkest possible depths. We see our business collapsing; the bills cannot be paid; our key team members see the writing on the wall and bail on us; the bank calls our loan, and on and on and on. What is worse, we may begin making decisions based upon the fear that is manifesting from the loss of this customer. Panic ensues and our thinking is so clouded that our decision-making process becomes impaired.

Back in the late 1970s, I started flying every week. In 1981, we had our first child, and I allowed my mind to play tricks on me. I became obsessed with the notion that the odds were going to catch up with me and I was going to die in a plane crash leaving behind my wife and young daughter. It literally got to the point that I would become physically ill each week, forcing myself to get on the plane. Eventually I was able to understand and resolve the root of this fear and as a bonus, became a pilot and flew my own aircraft. One of the reasons I was inclined to do this was to put myself in a situation where I had to practice mind control, or the consequences would be dire. Panicking in an airplane at 10,000 feet can certainly accelerate the expiration date on a human being!

Here is what I learned from this experience. Most of the time, things are not nearly as bad as we imagine them to be. It is easy to blow negative (and positive) experiences out of proportion. I learned that before making decisions, I need to pause for a moment, step back, and assess the situation. This may sound obvious, but we often overlook the obvious. Now, decades later, I refrain from making important decisions if I am fearful . . . and if I am euphoric. I wait for the emotions to pass and then proceed accordingly. Finally, I learned to try and get to the bottom of why I feel the way I do. Why am I angry? Why am I thinking thoughts of lack and limitation? What is the source of my fear? Why am I so “over the moon” with joy about something that has happened? In some cases, I want to control my mind to eliminate the negative thoughts, and in other instances I want to allow my mind to replicate the positive thoughts that resulted in my good fortune. Deep breathing, saying positive affirmations, and meditation are very helpful in making this happen.

As entrepreneurs we will always experience a wide range of emotions. The test of our fortitude comes when we can control our minds in such a way that we do not allow our emotions to overwhelm our ability to maintain our equilibrium and make sound decisions.

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.

The Panicked Entrepreneur

The mind is an amazing organism. It can move from a euphoric state to a panicked state in a millisecond. All of us – entrepreneurs and non-entrepreneurs alike – are continually challenged to manage our thought processes. That said, have you ever found yourself in what I call a “wired-up overwhelmed near-panic spiral?” You wake up at 3:30 AM with this gnawing feeling – you’re not worried about anything in particular, but that feeling is there. You can’t go back to sleep so you get up and make some coffee. You surf the internet while drinking three cups of coffee. Then you hit the drive-through at Starbucks on the way to work and get a Triple Frappasomething with an extra double shot of cappuccino. It’s been consumed before you reach the first stoplight. By the time you arrive at the office the feeling is welling up. With few more cups of coffee, a glance at 75 new e-mails and a minor crisis dropped in your lap, you’ve now reached the pinnacle of classic panic. Oh, and it’s only 8:11 AM. What to do?

The first step is to recognize the state that we’re in. The quicker we can do this the faster we can move toward resolution. When we push on without stepping back our feelings cascade and we end up in a spiral. In aviation parlance, we’re now in full-fledged crash and burn mode. When we recognize that we’re headed into a state panic we need to stop what we’re doing IMMEDIATELY. Then we need to go and find a quiet place for decompression.

Once in our quiet place it’s important to sit with our feet flat on the floor and hands in our lap with our eyes closed. We take a deep breath and let it out slowly. We do it again and again. Focusing on our breathing is a sure-fire method of calming ourselves. Deep breathing delivers increased amounts of oxygen to the brain. Livestrong.com says this: “Breathing slowly and mindfully activates the hypothalamus, connected to the pituitary gland in the brain, to send out neurohormones and trigger a relaxation response in the body. The hypothalamus links the nervous system to the endocrine system, which secretes the hormones that regulate all activities throughout the body.” Scientific explanation or not, this process definitely works.

Once we have begun to “unwire” through deep breathing, we might undertake the ROY G BIV exercise. ROY G BIV is an acronym for the seven colors of the rainbow – red, orange, yellow, green, blue, indigo and violet. In our mind’s eye we see each of the colors of the rainbow traveling from the center of the earth through the bottom of our feet, up our leg, across our midsection, down the other leg and back to the center of the earth. We do this slowly and intentionally with each color of the rainbow. The purpose of ROY G BIV is to ground ourselves. I know that when I’ve been in a state of panic, I have a weird free-floating out-of-control feeling. ROY G BIV eliminates this feeling.

After spending ten or fifteen minutes deep breathing and grounding ourselves, we are now ready to move back into the day. But first we should review our goals and objectives for the day. We spend a few moments with our “To Do” list and make sure we are clear on what we intend to accomplish for the rest of the day. Then we move forward with a new purpose and a new attitude. And . . . we avoid any additional caffeine for the rest of the day. We can also eliminate panic altogether if we exercise regularly (daily for me); limit our consumption of caffeine and maintain a daily practice of meditation or quiet time.

One more thought. The older I’ve become the more I realize how I tend to allow my mind to blow things out of proportion. Almost always, what I’m imagining isn’t nearly as bad as reality. And sometimes my imagination doesn’t even reflect reality at all. Bottom line – I’m learning not to take everything so seriously which also helps to eliminate the panic that I may have felt in the past.

Recognizing that we are heading into panic mode is critical. Breaking the spiral with deep breathing and ROY G BIV is paramount. Recommitting to the day with a clear understanding of what we intend to accomplish puts us back on the calm and productive path we desire.

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.

WUONPS

Have you ever found yourself in what I call a “wired-up overwhelmed near-panic spiral – WUONPS?” You wake up at 3:30 AM with this gnawing feeling – you’re not worried about anything in particular, but that feeling is there. You can’t go back to sleep so you get up and make some coffee. You surf the internet while drinking three cups of coffee. Then you hit the drive-through at Starbucks on the way to work and get a Triple Frappasomething with an extra double shot of cappuccino. It’s been consumed before you reach the first stoplight. By the time you arrive at the office the feeling is welling up. With few more cups of coffee, a glance at 75 new e-mails and a minor crisis dropped in your lap, you’ve now reached the pinnacle of WUONPS. Oh, and it’s only 8:11 AM. What to do?

The first step is to recognize the state that we’re in. The quicker we can do this the faster we can move toward resolution. When we push on without stepping back our feelings cascade and we end up in a spiral. In aviation parlance, we’re now in full-fledged crash and burn mode. When we recognize that we’re headed into WUONPS we need to stop what we’re doing IMMEDIATELY. Then we need to go and find a quiet place for decompression.

Once in our quiet place it’s important to sit with our feet flat on the floor and hands in our lap with our eyes closed. We take a deep breath and let it out slowly. We do it again and again. Focusing on our breathing is a sure-fire method of calming ourselves. Deep breathing delivers increased amounts of oxygen to the brain. Livestrong.com says this: “Breathing slowly and mindfully activates the hypothalamus, connected to the pituitary gland in the brain, to send out neurohormones and trigger a relaxation response in the body. The hypothalamus links the nervous system to the endocrine system, which secretes the hormones that regulate all activities throughout the body.” Scientific explanation or not, this process definitely works.

Once we have begun to “unwire” through deep breathing, we might undertake the ROY G BIV exercise. ROY G BIV is an acronym for the seven colors of the rainbow – red, orange, yellow, green, blue, indigo and violet. In our mind’s eye we see each of the colors of the rainbow traveling from the center of the earth through the bottom of our feet, up our leg, across our midsection, down the other leg and back to the center of the earth. We do this slowly and intentionally with each color of the rainbow. The purpose of ROY G BIV is to ground ourselves. I know that when I’ve been in a state of WUONPS, I have a weird free-floating out-of-control feeling. ROY G BIV eliminates this feeling.

After spending ten or fifteen minutes deep breathing and grounding ourselves we are now ready to move back into the day. But first we should review our goals and objectives for the day. We spend a few moments with our “To Do” list and make sure we are clear on what we intend to accomplish for the rest of the day. Then we move forward with a new purpose and a new attitude. And . . . we avoid any additional caffeine for the rest of the day. We can also eliminate WUONPS altogether if we exercise regularly (daily for me); limit our consumption of caffeine, and maintain a daily practice of meditation or quiet time.

Recognizing WUONPS is critical. Breaking the spiral with deep breathing and ROY G BIV is paramount. Recommitting to the day with a clear understanding of what we intend to accomplish puts us back on the calm and productive path we desire.

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.

Cheetah_3

At the End of the Rainbow

Question: You blogged recently about fear and I understand that it’s necessary to deal with fear on a long-term basis. But what can I do about moments of sheer panic?

Answer: Entrepreneurs frequently find themselves in situations where there is an opportunity to panic. It could be a situation where we must speak publicly. Or it might be an e-mail from our largest customer telling us that they are taking their business elsewhere. And it could be a personal situation – that phone call from the hospital telling us that a loved one has been injured. Of course we want in the worst way to avoid feelings of panic. We will try our darnedest to refrain from showing anyone else that we are in distress. But regardless, the feeling is there and at the time, it is the worst feeling in the world. Which brings us back to the original question – what do we do when we feel the wave of panic?

Just take a breath. Seriously. Taking slow deep breaths is the first order of business. Focus on breathing from the diaphragm. We’ve all heard this but may forget to do it when it’s most important. Getting oxygen to the brain is critical to helping us sort things out and think clearly. Next, move into a grounding exercise that has been powerful for me. Have you ever heard of ROY G. BIV? Here’s how old Roy works. Sit with your feet flat on the floor and your hands unclenched in your lap. Close your eyes and visualize the most brilliant colors of the rainbow – one at a time. Start with the color red, and see it slowly traveling from the center of the earth and running up your left leg; across your harrow point (just below your navel); then running down your right leg and back to the center of the earth. Follow this with each of the remaining colors orange, yellow, green, blue, indigo and violet – hence the acronym ROY G. BIV.

Earlier this year I injured my left knee and left shoulder and had two successive MRIs. The MRI for the knee was no big deal but the shoulder was a different story. Though the machine was “open” it certainly didn’t feel that way for me. I made the mistake of realizing how close to my face this massive imaging machine was positioned and felt an enormous wave of panic. I felt like I was wedged between two giant rocks in a cave. This wasn’t simply a case of butterflies but real, honest-to-goodness terror. I did my breathing and that helped. I went through the Roy G. Biv exercise which also helped. But I knew that I was stuck in this machine for another 35 minutes and resolved that I would NOT succumb to the panic and call off the procedure. Instead, I replayed in my mind each day of a wonderful vacation trip that we had taken a few weeks earlier. I visualized my wife, my children and my grandson. It probably took at least 15 minutes for my heart to slow down to the point that it didn’t feel like it was going to explode. But I made it through the procedure and conquered the panic.

By remaining centered, we can manage our minds and bodies if and when panic occurs. Focus. Breathe. Relax. Visualize.