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Entrepreneurial sixth sense: how intuition drives stronger decision making

Athletes call it instinct. Hipsters know it as vibes. Scientists claim it’s intuition. You and I probably refer to it as a gut feeling. And, the more spiritual among us might think of it as a sixth sense.

 

In business, a lot of times we are taught that every decision we make must be data-driven but it turns out some of the world’s top minds rely just as much on feelings as they do on hard facts…

 

When your intuition can make the world a better place

 

Adam Werbach was the Sierra Club’s golden boy.

He grew up in Los Angeles where, as a 7-year-old, he would check Smog reports before his morning T-ball practices. A morning habit fueled by an enormous love for the environment and a vision for a greener future.

 

At the age of twenty-three, Werbach became the youngest president in Sierra Club history — one of the leading environmental organizations in the United States that promotes climate solutions and conservation.

 

He hit the ground running and immediately began harnessing his youthful energy, smarts and perhaps a bit of intuition to drastically change the way the club operated.

 

The young activist was loved far and wide and had accumulated a large following… that is until he made a business decision that nobody saw coming.

 

Adam Werbach decided to take a consulting gig at nonother than… Walmart… the organization that many conservationists believe embodies everything the Sierra Club stands against.

Suddenly, Werbach went from touring the country and giving 200 speeches a year in front of raving supporters to not being able to speak in public without private security.

 

In an interview with Fast Company, Werbach shared:

“I attended this event and someone came up to me and said ‘I wouldn’t feel safe if I were you. People have gotten hurt.’

 

However, the death threats were only a portion of the blows Werbach faced in his decision to go from green to blue.

 

His friends and colleagues pleaded that he change his mind and to this day, some of them refuse to talk to him.

 

Two activists even went on to write an open letter about the former Sierra Club president, The Death of Integrity: In Working With Wal-Mart, Activist Adam Werbach Is Abandoning His Principles.

 

Something that, if you are Werbach, probably wasn’t the most joyous thing to read with your morning cup of coffee.

 

However, fast-forward through over a decade’s worth of backlash, Werbach is beginning to see that his controversial decision to join Walmart was the right one.

 

Since taking the consulting gig at Walmart, Werbach has helped 40% of the company’s employees embrace sustainable practices.

 

He has been instrumental in not just lessening Walmart’s impact on the environment but improving the quality of life of its workers — one of Werbach’s movements has helped 12,000 Walmart employees quit smoking.

Besides spear-heading many of Walmart’s sustainability initiatives, Werbach is now working with large brands like Proctor & Gamble, General Mills & Sony BMG to do the same.

 

He argues that his decision to leave the Sierra Club and join Walmart has given him a much larger platform to spread awareness about sustainability and environmental conservation.

 

Could you pass the intuition?

Sonia Choquette is a globally celebrated author and coach that works with executives on harnessing their intuition to make better business decisions.

 

She argues that by using intellect only and avoiding your innate wisdom, you are keeping yourself from the most valuable insights.

However, even Choquette warns that intuition shouldn’t be followed blindly and is much more effective if an individual has deep insight and experience in the particular industry they’re making a decision in.

 

In the Journal of Organizational Behavior and Human Decision Processesa study was published by researches at Boston College, Rice University and George Mason University that found:

Intuition is effective when making a decision in an area where the decision maker has in-depth knowledge.

 

“Intuition is like nitroglycerine — it is best used only in certain circumstances.”

 

 

read the unedited, original and complete (and beautifully written ) article at https://medium.com/swlh/entrepreneurial-sixth-sense-how-intuition-drives-stronger-decision-making-fc906624641c

 

nrip's insight:

:) 

Bryan Steven Watterson's curator insight, December 9, 2018 8:51 AM
No matter the direction people might think you are going in their eye's, its still just their opinion of you personally and your decision's in life that you make. We are not perfect human beings and that includes the same people that may be judging us secertly or directly to our face and voice's that are not trying to help guide one another with calm word's of inspiration or guidance are often percevied as negative opions and critic's judging us and our decision's. But as we learn from our past mistakes in life we will grow and learn that as long as we all have the chance to better our life's each day, we have alot to offer each other from the wisdom of are bad decision making skills, and grow as adults in life and laugh at petty things we became so angry about in the past especially over when it to comes to things that we have zero control over in our life like other people's bad decision's they have made in certain time's in their life. And that we should be thankful we were trying to guide the people we were angry at in one form or another with out realizing it, even though we came off judgemental or very controling or bossy. The reliability of the source who created this article is very creditable as a online business and innovating form builder that works with several different big online company's such as PayPal. The source is not a major informational resource for audio industry or professionals alike in Music Industry.

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6 things you must quit doing now to be more successful

6 things you must quit doing now to be more successful | Startups and Entrepreneurship | Scoop.it

Knowing when to quit is a skill that can be learned.

 

Most of us grew up hearing the mantra “Don’t be a quitter,” and we’ve internalized it to the point where we feel guilty even if we don’t finish a book that’s boring us to death. Our parents weren’t entirely wrong in saying that persistence is necessary for success, but sometimes quitting is the most effective course of action. Whether it’s a failed project, a thankless job, or a doomed relationship, quitting can be a virtue.

 

“Quitting is leading too.” – Nelson Mandela

 

As it turns out, some of us are really good at knowing when to quit, while others have a hard time getting “unstuck.” Research from the University of Rochester found that people are motivated by either “approach goals” or “avoidance goals.”

 

Those who fall into the approach camp are motivated by challenges and don’t waste time trying to solve problems that simply don’t have a feasible solution. In other words, they know when to quit.

 

People motivated by avoidance goals, however, worry a lot more about failing. They want to avoid failure at all costs, so they keep plugging away at things, long after logic suggests it’s time to move on. This is typically a much less productive way to work.

 

 

Here are some things we should all quit doing.

1. Quit doubting yourself

2. Quit putting things off

3. Quit thinking you have no choice

4. Quit doing the same thing over and over again and expecting a different result

5. Quit thinking everything is going to work out on its own

6. Quit saying “yes”

There are dozens of ways we get in the way of achieving our full potential. We doubt ourselves, we decide that something is just too hard, or we tell ourselves that we’ll worry about it tomorrow. If you really want to succeed — and I mean really succeed — stop focusing so much on what you should be doing and, instead, take a really good look at the things you should quit doing.

 

Read the whole story at https://www.theladders.com/career-advice/be-more-successful-by-quitting-6-things

 

 

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The Aha Moment - How Entrepreneurs Realized What To Do In Life

The Aha Moment - How Entrepreneurs Realized What To Do In Life | Startups and Entrepreneurship | Scoop.it

Before any entrepreneur became successful there was a time they did not know what to do. And then the aha moment happened. How?


About 2200 years ago Archimedes stepped into his bath and exclaimed, “Eureka!”

 

It was a moment of sudden discovery. The eureka effect. A moment of deep insight. It’s an epiphany which translates as “striking appearance.” In that moment a previously unsolvable problem becomes suddenly clear and obvious.


Before The Aha Moment

Life can be divided into two periods. Before you know why you are alive and after. In between there is just a single moment – the Aha! moment. One brainwave that turns a person into a person on a mission.

Here we show the moments that turned famous people onto their missions. Even though for them it was a process to get to that moment, there was a catalyst that one day made them say, “Aha!”

What Makes Us Aha

What brings the Aha moment?

Inconvenience. GoPro founder who struggled to take a picture of himself while surfing.

Limited resources. Ikea founder could not fit a table in his small car, so he thought to take off the legs.

Pain and tragedy. Samuel Morse received a letter about his wife’s illness after she was already buried. Letters took a long time back then. He raced to see her, but it was too late. Grief-stricken, he decided to forever change how people talk to each other and invented the telegraph.

The aha moment comes at different ages. Here are a few examples. Is it ever too late to have the aha moment? Some entrepreneurs had them well into their fifties. Were they thinking it was never too late?




Get your Free Business Plan Template here: http://bit.ly/1aKy7km



Via Justin Jones, Marc Kneepkens, malek
Barbara Alevras, PMP's curator insight, August 1, 2014 9:40 AM

I think this is kinda fascinating. Have you had your "Eureka Moment" or are you still waiting? 

Bruno A Levy's curator insight, December 31, 2014 4:48 AM

the infographic is fun and informative

Nancy Barnett's curator insight, March 12, 2015 10:49 AM

Seeing a problem and solving it is the "root" of true entrepreneurship.

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Reinvent Yourself and Become the Successful Entrepreneur You've Always Wanted to Be 

Reinvent Yourself and Become the Successful Entrepreneur You've Always Wanted to Be  | Startups and Entrepreneurship | Scoop.it

In order to be successful, you may have to change a few things –

 

The way you think,

The people you associate with,

The way you do business.

 

These tips can move you in the right direction.

 

As you grow and mature, your priorities change and you gain valuable resources to help you achieve your goals. The world around you also keeps changing, so you need to adapt and explore.

 

If you don’t stay current, you run the risk of falling behind your competitors and missing opportunities. Or maybe you just have a desire to expand into something new.

 

Whether you reinvent yourself to stay current or to add a new “flavor” to your business, you have to keep on learning.

 

 

Expand your limits

Do you have the drive to reinvent yourself? Can you start fresh or add something to your repertoire?

 

There’s no real magic to reinventing yourself. I

 

The way to reinvent yourself is to stay on top of what’s trending in the world, what’s popular and what people are excited about.

 

You don’t have to keep on doing what you’ve always been doing if you’re falling behind or simply want to expand your repertoire -- the world keeps changing, and you can reinvent yourself to change with it.

 

The problem is that many people have a good, or even fantastic, idea, but it stops right there. They don’t actually do anything about it. They don’t have the drive to keep on going in a new direction.

 

You need to have a passion and a sense of adventure, to start exploring to see if it’s a feasible idea. If it makes sense and you have a new destination, then you need to start planning how you will get there.

 

Whatever you do, don’t get complacent. Many people find that once they reach some level of success with their business, they often become too comfortable.  Dont!

 

Remember, you won’t end up being rich if you don’t try, so you’ll simply have to keep on trying.

 
read the original unedited article at https://www.entrepreneur.com/article/319310
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Passion? Data? People? 6 Experts Weigh In On Small Business Advice.

Passion? Data? People? 6 Experts Weigh In On Small Business Advice. | Startups and Entrepreneurship | Scoop.it

There’s no business like show business, as the saying goes, however this same expression could be applied to small businesses.


When you’re your own boss or work under a management team – or solo entrepreneur – that is considered a small business, you know all too well that it’s competitive, tough and never-ending when you work as a small business owner or employee. With so much on your to-do-list and a non-stop curiosity of what investments or efforts make the most sense, it never hurts to hear from others about their take on how to achieve small business success. In particular, experts that work directly with small businesses of all kinds – including retailers, restaurants and more – share their valuable insight.

Stay Engaged 


Understand Passion Isn’t Enough 


Invest in the Right People & Productivity


Pay Attention to Your Online Reputation


Focus on Making a Difference 


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5 Essential Leadership Keys For Executives... And Life

5 Essential Leadership Keys For Executives... And Life | Startups and Entrepreneurship | Scoop.it

Damn, entrepreneuring is hard. And fun. And personally rewarding if you can handle the responsibility of being a leader.


For me, the most rewarding aspects of being an entrepreneur are the serious challenges that it presents and the no-safety-rope, feet-to-the-fire doing that's required. Leadership is one of those executive skills that are absolutely critical for success, but it isn't really taught in the schoolroom - most of us have to learn it through a variety of costly trials and errors, and very patient mentors. Despite little training, poor leadership is often the reason for failed businesses and stalled careers, the kind of thing we all try to avoid.


Leadership is difficult for everyone. That's why the world has so few good leaders. When you get right down to it, the difficulty with leadership is the people part of it. "People" are that magic and the complex society whose inner-workings will either make or break your machine. So that's a real place to focus on, right? Without a conscious effort and the ability to learn from your mistakes - and I've made mistakes! - it's difficult to develop the ability to effectively lead any group of people, much less a diverse group.


1. Take the First Step.


What is leadership without action? When hiking, the First Step might be literally the first step down the path. In a boardroom, the First Step might be taking responsibility when others pass, or making a difficult decision and letting others know how it affects them. Strive for action when others stall. Don't be afraid to make those difficult decisions and move forward. Use your inertia to show your team how and when to take action.



2. Come From a Positive Place.


People know... They can smell it. Bad intentions are poisonous, so be double extra sure to come from a place of good intentions, no mater what the circumstance. Pause, think and make sure that what you are saying and doing comes from that positive place, and make it obvious before you take any actions that affect people.


This doesn't mean avoiding difficult situations (welcome those) or being disagreeable (that's necessary sometimes). It means that the actions that you do take should obviously support your goals and your team's goals. Success comes easier this way.

Who wants to follow a bad apple?



3. Be Consistent.


Consistency develops organizational trust. When actions are, or even seem inconsistent, those around can become confused, losing sight of what to do or how to provide support. Confusion is not a good team building emotion, it damages workflow, and creates an uncertain atmosphere. Take note of your own personal patterns because those around you already do.



4. What Are You Being?


I resolved myself to become the kind of leader that attracts other leaders. This requires me to take actions that build trust, respect, and kinship. It also requires me to specifically think about each and every interaction that I have with recruits, my team, clients, vendors, and, well, everyone. "What are you being?" is the question that I ask myself to test whether I'm behaving in the way that supports my leadership goals. It's one of those questions that can stop you in your tracks, if you're honest about the answer.



5. Take a Step to the Side. (And Listen)


Great leaders are also great followers. How else could you know what leadership is? Be a great follower, continuously strive for improvement, and by your actions, teach everyone what that means.

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