Soar to Success August 2015

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Entrepreneurs must follow these steps to avoid
indecision:
Eliminate Fear - The fear of
failure is crippling to individuals as well
as organizations. “It is impossible to live
without failing at something, unless you live
so cautiously that you might has well not have
lived at all, in which case you have failed by
default.” –J.K. Rowling
Balance Confidence –
We’ve already discussed that the lack of
confidenceequatesfearandis intolerable
in business. However, confidence must be
balanced. Effective leaders will strike a balance
in their confidence when making decisions and
in turn will reveal to all the stakeholders their
confidence, inspire confidence, and reduce
apprehension.
“With confidence, you have won before you
have started.”—MARCUS GARVEY
• Overconfidence. Leaders must be willing
to assess opposing viewpoints. Stakeholders
must feel safe to express contrasting
viewpoints and even negative facts/news in
the face of decision.
• Overconfidence. Leaders must also take
great care to distinguish between facts and
assumptions. The role of the leader is to
ensure everyone involved in the process
rigorously evaluates factual data to safeguard
against the possibility of an assumption.
• Overconfidence. Eliminate overly
optimistic projections.
Signal Strength – Leaders
must realize the manner in which they
make decisions clearly defines their
leadership ability in the organization and is
a signal to the stakeholders of their level of
ability to lead and decide.
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SOAR TO SUCCESS | AUGUST 2015 | Business Acceleration Strategies