Showing posts with label cause of problems. Show all posts
Showing posts with label cause of problems. Show all posts

October 04, 2012

Irrational exuberance

Some of the big mistakes we do is:

  • Allowing emotions to influence our decisions.
  • Having inability to listen or ask.
  • Ignore risks.
  • Need to be right - You can be right or you can be successful.
Nothing is more stupid than running enthusiastic in the wrong direction.

The solution:
  • Put intellect before emotions.
  • Think
  • Ask the risk questions
The risk questions are:
  1. What is the upside?
  2. What is the downside?
  3. Can you live with the downside?
Remember that all problems comes from good ideas!