• An entrepreneur’s stock in trade is confidence. When he has no confidence, he can’t function because entrepreneurism is fraught with risk—emotional and financial danger, risk to employees, risk to investors, risk to the family. More than one entrepreneur has bit the dust financially and lost everything they own because their business fell apart. So remaining confident in the face of danger is important.

    The team that surrounds the entrepreneur exists to “guard his flank” by being sure the enterprise functions properly and successfully. The Flank Guards surround the entrepreneur like the Secret Service surrounds the President. As dangers pop up, the Flank Guards knock them down and keep the entrepreneur protected—more specifically keep his confidence high—so he can continue to creatively fleshing out the vision for the enterprise he is leading.

    I’ve found that as my confidence increases my emotions de-celerate. They slow down. I’m not as jumpy—hasty—edgy—nasty. I’m nicer to people when I am confident. I am more patient and more flexible? I am the me I like.

    Why is confidence emotionally decelerating? Because an entrepreneur is always guarding his enterprise. He’s always on edge, protecting the baby from danger. Sometimes it seems like there are mercenaries inside and outside the organization who are intent on screwing it up—damaging the baby; Shutting off the revenue; Increasing the expenses;  Draining the bank account; But when the entrepreneur is confident that his flanks are well-guarded and the dangers are protected against, he begins to relax; to not push so hard. His fear that “they” are going to “screw it up” begins to diminish. That’s why confidence is so important.

    If you are an entrepreneur you should ask yourself “What am I afraid of? Where am I lacking confidence?” Answering those questions will tell you where you need to focus your attention.

    If you work for an entrepreneur you should ask “What can I do to increase my boss’ confidence? Am I executing my responsibilities so he feels like his flanks are guarded?”

    A successful bigger future begins with increasing your confidence today.


    November 12, 2009

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