What are you basing your decisions on – fact or fear?
What are you basing your decisions on – fact or fear?
Right now there is a lot of fear in the air. You can almost smell it. Fear that business will grind to a halt and we will all go broke. How on earth can this have any logic in it? I am certain that there will be some businesses that will be impacted in a big way by what is going on around the world, but I feel that the majority of businesses will experience a slow down not a complete stop.
When you think about it from a rational point of view, life has to go on. People have to eat, they have to wear clothes, take the kids to school, get rid of garbage, use electricity, use cars to get around, take medicine, build places to live and all of the other, every day, very normal parts of life. But perhaps they will be more cautious about spending on some of the things that are luxuries, or not that essential, or perhaps they will hang onto the old car for another year.
The world is not going to stop turning. The sun will come up tomorrow and things will not be that different to how they are today.
We all know how powerful an emotion fear is and that is what is driving so many people at the moment. When you think about the current economic situation logically, somehow it just isn’t that scary any more.
Maybe its just me, but I am seeing so many businesses that are actually booming right now. I am seeing people starting businesses (they don’t seem to have the same fear that so many others do, instead they are seeing wonderful opportunity). In fact I am seeing and hearing from far more people contacting me to say how well they are doing and what is all of this crazy talk about a recession?
We can choose to live with fear or do something about it. I have mentioned in many of my previous BULLETS the importance of taking action and what kind of action to take. But whatever you do, you have to shake living in the fear of what may be and deal with the reality if what actually is.
I will leave you with a quote this week that I always refer to when I find my decisions are being influenced by fear – “Action conquers fear” Peter Nivio Zarlenga. So don’t be scared, take action.
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