Delaying gratification—“gratification” being whatever it is you’d rather do than the thing you’re procrastinating—has been shown to increase your productivity and enjoyment of the gratification itself. [2] X Research source It can also lead to lower stress levels.
Positive mental attitude (occasionally abbreviated as “PMA”) is crucial for entrepreneurs. [4] X Research source
Along these same lines: praise your co-workers! When your colleagues, peers, or subordinates knock it out of the park, let them know. People and teams flourish this way.
”Failure,” as Henry Ford put it, “is simply the opportunity to begin again, this time more intelligently. ”[7] X Research source Failure isn’t always indicative of having the wrong idea—sometimes it’s simply the right idea, pursued ineffectively. Don’t scrap everything you’ve been trying all at once and or totally restructure. When working within a company or partnership, for example, it could be an issue of properly understanding each member’s accountability. [8] X Trustworthy Source Harvard Business Review Online and print journal covering topics related to business management practices Go to source
You will never achieve that goal of, say, providing coffee to all of the homeless in the world through your new coffee shop, if you don’t focus on keeping that coffee shop in business and thriving first. Long-term goals are important, but shouldn’t come at the expense of sustainable short-term ones.
Studies have shown that the most successful business people excel in both cognitive and social skills. [12] X Research source Don’t neglect your interpersonal skills!
