Thursday, November 20, 2008

Let go of the ego, to increase your success as an Entrepreneur

By Hayley Weatherburn

There were three reasons I wasn't improving in my journey as an entrepreneur and they all had to do with me protecting my ego! Once I learned that it was ok to drop the resistance, a flood of growth and opportunities came my way. The three mistakes I made were - firstly trying to do everything on my own. Secondly, I believed that I had to be the originator of all ideas, otherwise I was useless (harsh I know) and finally actually allowing myself to admit that sometimes others actually did know better than me on certain things.

In my mind I thought "I'm not allowed to be wrong... you don't see the successful entrepreneurs getting it wrong do you?" Actually, I soon learned that they do. Look at Thomas Edison, for example, when inventing the light bulb he had something like 1000 "ways of not to do it" until he found the right way. If he hadn't admitted that he was wrong those times, we would all still be sitting in darkness!

So, I wanted to give permission to all you budding entrepreneurs to let go of the ego - because as soon as you do, success soon follows and it is the most freeing thing you can do. Here are 3 things to think about:

1. "One Man Band Syndrome" - I used to think that I would only be deemed successful if I did it all on my own. That way, I thought, I could claim all the credit. I used to think I should do the accounts, the marketing, advertising and the core work. How ridiculous is that?! You become spread so thinly that nothing really gets done. You also end up doing things that you don't enjoy or aren't even good at.

LESSON ONE: Delegate, Delegate and delegate - if you want to replicate a successful entrepreneur, learn to give the jobs you aren't the best at - to someone that is, so you can have all your energy for your ideas.

2. Idea's were all mine, or not at all - Umm... yeah, was I stubborn or what! That little ego would pop up it's head, anytime someone suggested an improvement on my ideas and I would become defensive. Once I realised my ideas and growth wouldn't get anywhere until I embraced other people's ideas - the growth was exponential. Anytime I heard suggestions or criticisms, I thought - how could this make my business better? With that attitude - you only have one direction for success, and that is up!

LESSON TWO: Open up, allow for other ideas to be suggested. Use the information to better your idea, or business system.

3. I must get it right the first time or else it means I am not successful on my own right - this mindset couldn't be further from the truth if it tried. You know what though, I believed it whole heartedly and took me a while to let go. To be a successful entrepreneur you have to have more courage and commitment than original ideas. Many successful inventions actually started off as an idea for something else - look up the slinky, silly putty and the Popsicle. Whatever happens with your idea or business let it naturally evolve, be relaxed - it will gravitate towards success if you just let go.

LESSON THREE: Commitment to a goal of success is key - allow your idea to evolve through failures and obstacles. The journey is the key, as long as you are persistent and allow your idea to change, sometimes many times, on its way to success.

With the ego left behind and a focus on success - you will be on your way through a fantastic journey. Once I focused on my goal of being financially free - rather than HOW it was going to happen, the evolution of ideas became more natural and more free flowing. Resistance was gone and I embraced ideas and suggestions coming from every angle. If you can just take these three things into consideration - you will be amazed at the success that will be just around the corner. - 16955

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