Thursday, July 19, 2007

Inertia is what causes businesses to fail?

Came across this article http://www.sandboxwisdom.com/sandbox_wisdom/2007/07/elbert-hubbard-.html#comments in Tom Asacker's blog at acleareye.com

Its about inertia which happens to stop people accepting new ideas because they are too comfotable with their old ways.

Interesting to note that you can counter these negative thoughts to make them may be change their minds about things as follows:

* Negative Thought: If that were true, and important right now, I'd have heard of it already.
Counter: You have not heard this before, because its a revolutionary new concept that's going to change the way we do such & such... You're hearing it now because you're on the ground floor. This is where it starts and from here we have so much room to grow and profit from...If you don't start to grab this, you're going to lose out when this concept becomes very important in our world:)

* Negative Thought: I don't really get it. It must not be that well thought out.
Counter: You know if you don't get this don't worry, it doesn't mean you're stupid. Just that this is new concept requires a lot of foundation knowledge before you truly understand the concept:) If you don't start learning now, you're going to obviously fall behind:)

* Negative Thought: Perhaps I'm simply too old school for this new fangled concept.
Counter: You say you're old school. Yes if you want to grow old and lose out be old school. If you want to get somewhere, you'd better take a good grasp of this new concept:)

* Negative Thought: I'm too busy to think about that right now. I'm way behind on my emails, follow up calls, appointments, to-do's, etc. and it will only cause me additional work.
Counter: You're too busy now. You see what happens when this new concept becomes popular and it over runs your business. Your business loses out and you start seeing your profits decrease. And you see that those (competiors) who have grabbed the new concept opportunity have thrived and even taken business away from you. Then it'll be too late

* Negative Thought: He's saying that everything we've done in the past is wrong. We're successful, so he obviously doesn't know what he's talking about.
Counter: You're successful for now. How about in the future? You can't predict the future can you? If you don't grab this new concept opportunity, if this new concept does well, you're going to be siiting ducks.

* Negative Thought: If I endorse his idea, what does that say about me and my firm? We're suppose to be the "go to" people; the ones with the answers.
Counter: Who says that with the new concept, you can't be the go to people for this new concept. You're at the ground floor, take this opportunity to learn and master this new concept today. If you don't master this new concept, someone else will and they will be forging ahead to be the go to people for this new concept.

* Negative Thought: If I change course, so and so will be disappointed and upset with me. I'll wait and let someone else make the decision and become the scapegoat.
Counter: You can look at it that way. But what if this new concept takes off, and you never grabbed it earlier on. Your boss will think you did not make a good judgement in taking up new opportunities? If you had taken it, you'd be praised upon. Wouldn't you like that?
You can setup a test team to test this out. It wouldn't take much. But the rewards can be 10 times as much:)

Keep countering folks:)

Any of you got anymore ideas for negative thoughts and countering them, do post in my blog at billiondollarwebsites.com

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