Daily Archives: May 25, 2014

THE TRUTH ABOUT OVERCONFIDENCE

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Overconfidence is seen as a drawback for the average human because most  don’t want to take big risks with their lives and prefer security and low risk living.

Entrepreneurs are unique humans prone to high risk taking and actually frequently need to have overconfidence to maintain motivation in reaching their lofty goals.

About 9 out of 10 startups do fail even if you are overconfident and the difference in the ones that fail and succeed is frequently a result of too few skills, knowledge, preparation, and emotional or human intelligence. 

Emotional or human intelligence means surrounding yourself with competent trustworthy humans who can help you in your business so that you don’t have to devote too much attention to minutiae and areas where you don’t have that much expertise. You have to be a good leader who can motivate trustworthy competent workers and have to be very competent in your chosen profession with business knowledge and a flair for promotion.

Learn more about overconfidence in this link to a very good article by Geoffrey James:

http://www.inc.com/geoffrey-james/science-says-overconfidence-leads-to-success.html

If you liked this evergreen truth blog then read more of them, about 800 so far, and one or more of my evergreen truth books, especially COMMON SENSE, rays of truth in a human world filled with myths and deceptions.

For a complete readily accessible list of blogs and titles go to twitter.com/uldissprogis.

Enjoy!!!!!!

THE TRUTH ABOUT EGOISM

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Egoism: n. making largely impulsive judgments and behaving based on whether it helps a human’s self-interest first

Many of us are egoists and the smart egoists realize that to optimize benefits for yourself you also have to involve other humans whom you help and are friendly towards.

 

In order to get attention and desirable benefits you must give something of yourself to others who will then reciprocate and give back. Hopefully you will get more than you give them in the long duration although in the short duration you may actually have to give more to entice them into giving you something back eventually.

 

Once you understand that you need the respect and even admiration from others to get the most benefits for yourself then your ego will not run wild and you will include good relationships with others as part of your ego profile or behavior.

 

To be respected and even admired by others you have to be honest, sincere, dependable, trustworthy, friendly, and competent in what you do. Once you understand the importance of these fundamental principles your journey through life will have optimized your ego potential at personal benefits.

Con artists are numerous in society who will fake friendliness, honesty, dependability, and competence to get you to trust them and make you part with your hard earned money. If you are smart then you will learn to detect the fake human con artists from the real trustworthy humans in life and associate more with the latter.

 

Our ego is incredibly selfish at birth and some never learn that the world doesn’t just revolve around you but that there are other egos competing with yours and need nurturing too.

 

If you liked this evergreen truth blog then read more of them, about 800 so far, and one or more of my evergreen truth books, especially COMMON SENSE, rays of truth in a human world filled with myths and deceptions.

Enjoy!!!!!!

THE TRUTH ABOUT DELEGATION

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Delegation: n. giving one’s authority and/or permission to one frequently lower in rank to do a subset(s) which is frequently a task(s) and/or plan(s)

Trying to do too much with too little time can be personally very stressful with sometimes bad results and delegation of authority is sometimes the answer.

 

Delegation means that part of your responsibilities or authority is given to an employee who is mentored in what to do and how to do it. It is similar to  apprenticing an employee in a job which they may want to do at some point in the future.

 

Delegating takes some of the workload off of you and can create a feeling of mutual trust and accomplishment. It can lead to a more self-motivated happy and competent worker who may then be in a better position to take over your job if the need arises when you are promoted in your job.

If you liked this evergreen truth blog then read more of them, about 800 so far, and one or more of my evergreen truth books, especially COMMON SENSE, rays of truth in a human world filled with myths and deceptions.

Enjoy!!!!!!