Navigation: | Home | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | | ||||||||
Entrepreneurialism Information |
The Cockroach Test
Let me ask you a question? Imagine I would offer you $10 for eating 10 living cockroaches. Would you do it? Now listen, I raise the ante and offer you $100. How does that feel? If you hear me saying "you get $1000 bucks" does that change something? Here is the ultimate offer 1 million dollars for eating 10 living cockroaches right now. What is your feeling now? I am sure, if you pictured the disgusting image you have shaken. You would never do it for one buck. At least most of us won't. But, the higher the gratification the more you start thinking about it seriously. Right? What does this tell us? Seems like there is something we connect to lots of money that let us consider doing things we usually won't do. What is it? The answer is: It is the balance between pleasure and pain. We tend to connect having money, lots of money in particular, with lots of pleasure. We imagine what we could do with all that money, Buy a house, travel, buy cars, dine out in the most luxurious restaurants, pay our kids a great education, have freedom, have fun and joy. The interesting thing is that we would take some pain even if we are not sure about the pleasure we can gain in the future. After all, before you would get the money you have to eat the cockroaches. A future pleasure can overturn a present pain. Now, why have I published this article in the business section? Because the principle is so basic that it is the guiding principle in business as well. Do you procrastinate? Sometimes maybe? The reason is that the pain of not doing what you should do is less than the pleasure you have by doing what you do right now. We all want to avoid pain and gain pleasure. The more pleasure we feel the more pain it needs to get us away from what we do. This is an important experience for every business owner. So, let me repeat this: "The more pleasure we feel the more pain it takes to get us away from what we do" You have heard about the importance to have a clear business goal. But a clear goal is not enough. What you need to be successful and totally committed is a business goal that really excites you. Something that is so pleasurable that it drags you every moment in your life. Something that has more power to drag you towards it than every pain you can imagine. Do you have such a business goal? Most businesses don't. That is the reason why so many businesses fail. It is not techniques, skills, knowledge, luck or circumstances. It is the lack of a goal that is so pleasurable that it makes you eat cockroaches daily only to get there. Unfortunately, money is seldom or never enticing enough to be that goal. Money is only a means to an end. Listen, do you really believe your goal in life is to collect green pieces of paper with the counterfeits of famous people printed on them? Certainly not. Remember the cockroach experiment. It is the pleasure you connect with the things you could do if you had money that made you want to eat the bugs. Making money is the worst business reason you can possibly have. What you need is a something where making money is a prerequisite but not the real goal. That way making money becomes a real need - which is important- but it is not the real goal. It is only an objective. Find the goal that would make you eat cockroaches every day and than make it your business. This is a surefire approach to success. Spend as much time as you need to find that goal, to find your purpose because it is the most important step in your whole business life. Everything else is just objectives. You ask me how to find a goal? Here is my answer. A goal is a dream with a timeline. To find a goal start dreaming. Dream yourself into the most pleasurable environment you can think of. What would that be? Be like a little child, curious and open. Remember in a dream everything is possible. Miracles can happen in a dream (and in real life). If you know you couldn't fail, what is it you wanted to do? How it would look like, what would it sound like, how would it feel. Develop your dream and than make it a goal by setting a clear timeline when it has to be reached. In 1 year, in 5 years in 10 years. Tomorrow? Whatever it is make sure you have a clear idea when you want to be there. And then, find the steps you need to take to get there. I can ensure you if you have a powerful, enticing goal you will start eating cockroaches every day and enjoy it. Because every single day will get you closer to your goal. Have fun This article may published freely only in its whole including all appendices. c 2005 by Norbert Haag Online Business Coach http://www.onlinebusinesscoach.com Norbert Haag is a business consultant, entrepeneur and sought after speaker for more than 20 years. His company - Online Business Coach http://www.onlinebusinesscoach.com - provides information and services for online businesses, small business owners and freelancers. You can reach Norbert at nhaag@onlinebusinesscoach.com.
MORE RESOURCES: Unable to open RSS Feed $XMLfilename with error HTTP ERROR: 404, exiting |
RELATED ARTICLES
Are You Ready To Be Your Own Boss? You have this burning desire you want to be on your own. The temptation is so great that you want to quit your job. The Business and Life You Want to Build In the early days of my first consulting business, I knew I needed some sort of plan to give me the greatest chance at success. I took many a wrong step, yet in the end I managed to put a solid business together. Meet Success: Business Profile of Sylvia Acevedo, Communicard Owner Sylvia Acevedo needed a break from her technology job so she bought an old Victorian house to remodel into a bed and breakfast. "Being an engineer working in technology, I really felt I didn't do a lot of tangible work. Rambling Confessions of a Recovering Entrepreneur I told my family that I finally accepted that my passion had become an ob- session, and you could even call it an addiction. They all laughed. Reducing the Stress of Being an Entrepreneur Starting and running your own business can be exciting and rewarding, but it can also be very stressful. For most of our almost 40 year marriage my husband has been an entrepreneur and I have sometimes worked with him. Work On, Not In Your Business Are you busy? Everyone's busy! Ask anyone they'll tell you how busy they are. But how many people are accomplishing real results?In your small business, it's easy to get buried in the myriad activities that demand your attention each day. Securing Second and Third-round Venture Capital Financing Widget sales are booming - the competition is scrambling, demand is up, and the books are finally treading water. Your core management team has big ideas for the future of Widget Inc. Entrepreneurship as Your Passion Entrepreneurship has been my passion for as long as I can commit to memory to learning how to type, and that started in 5th grade! Strangely enough, I wasn't raised around lots of business owners growing up in New Jersey nor surrounded by many business-minded individuals.Initially, my passion was expressed through the notion that extra money can be made while working a corporate job. Franchises - Emotional Fulfillment - Control Your Destiny Does A Franchise Meet Your Needs?When you think of becoming a businessperson by making the transition from employee to Franchisee, you don't generally think in terms of emotional fulfillment. However, in reality, the evaluation of emotional factors should play a significant role in making that final decision to join the world of the capitalist, or remain in the realm of employee. Business Startup Checklist Use this comprehensive checklist to plan each step of your new business and transform your dream of entrepreneurship into reality. These steps may not necessarily be completed in the order listed, however, you can use them as a guideline for completing all of the necessary business startup tasks. Increasing Business BIGTIME with a Successful Referral System What I've discovered from most of my small business clients is that most would prefer to build their business through referrals rather than through direct mail, advertising in newspapers, radio, TV. However, most leave the referrals to a somewhat chaotic, unplanned approach. Part-Time/In-Home Business - Low Expense and Low Risk As a first time entrepreneur, there are a variety of franchises, dealerships, distributorships, and licensing opportunities available for purchase. Many of these you can start by working part-time from your home. Answering Why You, Why Now Critical in a Winning Business Plan Business plans continue to be an essential element of the capital-raising process. They must convince investors to take notice - investors that are shrewder today due to the ups-and-downs they have experienced over the past few years. PR That Entrepreneurs Often Overlook If that sounds like you, here's what you may be missing once the new enterprise is launchedPublic relations that really does something about the behaviors of those key outside audiences that most affect your new enterprise.PR that uses a fundamental blueprint to deliver external stakeholder behavior change - the kind that leads directly to achieving your venture's objectives. Protect Your ASSets in Business Many people are starting an online business without a thought about the danger this may pose to their personal assets. The type of protection you need depends upon the nature of your business and the amount of your personal assets. Find Out If You WILL Be Successful As a Franchisee? Will I be successful as a franchisee?One of the soundest pieces of advice to take when considering becoming a franchisee is to 'Assess Yourself'. Assess whether you can accept direction. Double Your Income Automatically It is a common known fact that it is far cheaper to keep an existing customer then it is to acquire a new customer. With this fact in mind you need to do everything possible to keep your existing customers happy and find complimentary products to offer your existing customers. Four Steps to Entrepreneurship As more and more people start or consider starting their own business, it is important that they understand the core steps that are required to launch successful ventures. These steps include spotting, assessing, selecting and executing upon opportunities. Determine Your Niche & Be Successful What's a niche?Dictionary.com provides a great, twofold definition:"A situation or activity specially suited to a person's interests, abilities, or nature. Taking Charge and Getting Results: The Choice is Yours As one of the most successful direct sales entrepreneurs in the industry, I have found there are two kinds of people in the world, those who would like success and those who are serious about success. There really is no in between. |
home | site map | Contact Us |