Soar to Success February 2023

SOAR TO SUCCESS / Personal Growth Strategies Now imagine another person who has an opportunity to proceed down the same corridor. She/He is unwilling to proceed down the corridor of uncertainty until they can be assured that they will be successful - something that will never happen. In the 1980s, Robert Ronstadt of Babson College conducted a 12-year study into the subsequent careers of the graduates of the school’s MBA program in entrepreneurship. Ronstadt found that the most successful entrepreneurs leveraged what is known as the “Corridor Principle”. The most successful graduates werethosewhocreated multiple ventures and lengthenedtheduration of their entrepreneurial careers. “The Corridor Principle states that the mere act of starting a venture enables entrepreneurs to see other venture opportunities they could neither see nor take advantage of until they had started their initial venture”. The researchers said the differences between the success and the failure in their study could be summarized by one word: launch. Successful people were willing to launch themselves down the corridor of opportunity without any guarantee of what would occur. Whereas the graduates who did nothing with what they had learned were still waiting for things to be just right before they began. The Corridor Principle affirms that the mere act of starting enables you to see and take advantage of opportunities that you wouldn’t be able to see or take advantage of if you stay put where you are now waiting for circumstances to be perfect. In order to follow the Corridor Principle to success, you must be willing to launch yourself down the corridor of opportunity without any guarantee of what will happen–that’s when truly uncommon opportunities manifest themselves. Every day, you have an opportunitytotakeaction on your goals, lean into your fear, expand your comfort zone and gain the necessary level of knowledge that will move you closer toward where you want to be. This knowledge allows you to see new opportunities to improve— opportunities that you could not have seen and/or could not have pursued had you not acted earlier. Only by moving down the corridor of life can you see new intersecting corridors of opportunities (that otherwise would remain invisible). The truth is that circumstances will never be picture perfect, and we could easily convince ourselves otherwise. Therefore, the key to getting anything that you really want started is to launch yourself from wherever you are right now, then look at your results and adjust as you go. Only by moving down the corridor of life can you see new intersecting corridors of opportunities that otherwise would remain invisible.

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