Article

One of the Most Dangerous Things an Entrepreneur Can Say

Topic: EntrepreneursPublished December 1, 2012

Reader stats

395 views

Article rating

No ratings yet

Reader rating appears publicly after enough eligible article ratings.

Rate this article

Sign in to rate this article.

Sign in to rate this article

I SHOULD BE ABLE TO DO EVERYTHING I think this is one of the most dangerous things you can ever say to yourself because it has the potential to destroy your confidence and your business. You might wonder why I’ve made such a strong statement. Here’s why… we are put on this earth for a short space of time. If we have the belief (and a belief is only something we keep saying to ourselves) that we have to be accomplished in every aspect of our life, that seems to me like a lot of time ‘attaining’ but not a lot of time ‘enjoying’. In the past, management and training literature emphasised the need to focus on acknowledging your strengths and quickly moving onto what you are weak at and how to remedy. More recently, the tide has been turning (which I think is a good progression) and now the focus is on understanding and appreciating your strengths more. It’s so important to acknowledge how good you are something and not taking it for granted. When you always focus on what you can’t do; your confidence falls, doubt and anxiety increases and it’s too easy to fall into a downward spiral of thinking about what a failure you are when in reality if you were to focus your mind and attention on your strengths and gifts, you would see how much you have to offer and in turn what your business can do for others. Your business depends on you working in your zone of genius 80-90% of the time (‘zone of genius’ is a term coined by Gay Hendricks) and when you run your own business, there are many facets of that business. If you had a job and you were Head of Marketing or a sales representative, you would focus solely on marketing or sales. You would not be concerned about what the Finance guys are doing or what the Production team are up to. It’s not the same when you have a business… suddenly you are all of the above! So this is a unique challenge you face. It’s important not to downplay how overwhelming it can be to the entrepreneur who is perhaps a one-(wo)man operation or manages a small team. When I advise my clients to focus on their strengths, talents and passions, I make an important distinction. Focusing on your strengths does not mean that if you are a poor speaker and this is part of your business, that you make no attempt to get better because you’re better at being behind the scenes. This is really important… if your weak area is negatively impacting you and your business’ success; this is something you have to work at. If, however, you are poor at maintaining your website and you hate technology, this is not something you should be spending hours learning. You can outsource this to somebody who loves this type of work and who will take a fraction of time to complete compared to you pulling your hair out and wasting time and money when it is not necessary. So there is an important distinction… focus on your strengths and work on improving the weak areas that are critical for your business. For everything else, find someone who can do it for you and save you a huge amount of time, money and stress!

Further reading

Further Reading

4 total

Article

The Changing Landscape of Global Outsourcing The global outsourcing industry has entered a new phase — one where emerging markets are no longer just participants but key drivers of growth. Among these, Pakistan has carved a strong position due to its expanding youth workforce. The country’s young population is not only tech-savvy but also adaptable, multilingual, and eager to meet the global demand for digital and customer service operations. This generational shift is tr

October 31, 2025

Article

Image source: Unsplash In local media, the role of an information officer has become indispensable. These professionals act as the vital link between institutions and the public, ensuring that messages are not only accurate but also timely and accessible. As the media environment shifts toward digital reporting and shrinking newsroom resources, the information officer’s presence becomes even more urgent in maintaining journalistic integrity and public awareness. Information

July 31, 2025

Article

When someone is new in soap business, choosing private label soap manufacturer is difficult. There are many companies and it is hard to know who is reliable. If person has no industry knowledge, it becomes more confusing. But still, it is possible to make right decision by using clear thinking and asking correct questions. You do not need deep knowledge, but you must check some important things with care. First, do not believe only on product samples or glossy catalog. Some

July 15, 2025

Article

When someone is new in soap business, choosing private label soap manufacturer is difficult. There are many companies and it is hard to know who is reliable. If person has no industry knowledge, it becomes more confusing. But still, it is possible to make right decision by using clear thinking and asking correct questions. You do not need deep knowledge, but you must check some important things with care. First, do not believe only on product samples or glossy catalog. Some

July 15, 2025