Wednesday, 10 March 2010

The final goal makes all the difference: The entrepreneurial story of Honore de Balzac (Part 1 of 4)


If you have made a mess of your life in the past, you are in good company. Thousands of successful people have embarked themselves on dead-end projects leading to catastrophic losses. Failure is always a discouraging experience, but wise men never view it as the end of the game.

They take some time to rest, regroup forces, and gather resources for their next venture. The consequences of dead-end projects are rarely lethal. Entrepreneurs that incur losses see them as the price of pursuing their dreams. If they suffer damage to their reputation, they pick up whatever is left and move on.

People possessed by doubt quit when they encounter difficulties. In contrast, individuals motivated by strong desire cannot imagine a life a passive acceptance. Both types of persons may advance at the same speed for a while, but only the relentless reach the end of the path.

Consistency and persistence, like any other conviction, cannot be purchased with money. We know that personal psychology plays an important role in how actively people work at improving their lives, but we still ignore the precise mechanics of motivation.

To be continued in Part 2

[Text: http://johnvespasian.blogspot.com]

[Image by Ignotus the Mage under Creative Commons Attribution License. See the license terms under http://creativecommons.org/licenses/by/3.0/us]

The final goal makes all the difference: The entrepreneurial story of Honore de Balzac
(Part 1 of 4)


If you have made a mess of your life in the past, you are in good company. Thousands of successful people have embarked themselves on dead-end projects leading to catastrophic losses. Failure is always a discouraging experience, but wise men never view it as the end of the game.

They take some time to rest, regroup forces, and gather resources for their next venture. The consequences of dead-end projects are rarely lethal. Entrepreneurs that incur losses see them as the price of pursuing their dreams. If they suffer damage to their reputation, they pick up whatever is left and move on.

People possessed by doubt quit when they encounter difficulties. In contrast, individuals motivated by strong desire cannot imagine a life a passive acceptance. Both types of persons may advance at the same speed for a while, but only the relentless reach the end of the path.

Consistency and persistence, like any other conviction, cannot be purchased with money. We know that personal psychology plays an important role in how actively people work at improving their lives, but we still ignore the precise mechanics of motivation.

To be continued in Part 2

[Text: http://johnvespasian.blogspot.com]

[Image by Ignotus the Mage under Creative Commons Attribution License. See the license terms under http://creativecommons.org/licenses/by/3.0/us]