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How Do You Know the Earth Isn’t Flat?

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September 19, 2018 0 comments

How Do You Know The Earth Isn’t Flat?

You didn’t get the memo? Apparently the not-so-recently-resurrected Flat Earth Society did not either.  Notwithstanding the volumes of scientific proof to the contrary, the flat earth theory persists to this day (and makes for entertaining twitter battles):

It seems strange to maintain a position that defines logic and inconvertible proof, yet we often employ similarly bizarre practices within our professional lives.

So this week, we’re exploring why  do we hold on longer than we should ?

Though you might be unable to project when or what  to let go, you can certainly develop a game plan for making these shifts when necessary.

Start by testing your  internal process for measuring efficacy: How often do you review your KPIs? Who weighs in? How do you measure success? How do characterize failure? What does reset a even look like?  Even the most basic, non-exhaustive inquiries can teach us to incentivize eliminating dead weight. And in turn, create the mental and physical space for novel concepts or innovation to thrive.

Perhaps even harder than making room for growth is knowing when to let go. It’s a tough decision to close up shop, pull a product, or discontinue a service line. It’s tantamount to failure.  Heck it is failure! And, who wants to admit defeat?

When we hold on past the expiration date, we prevent ourselves from seeing the greater opportunities that lie ahead.  Adopting a growth mindset is critical to staying in the entrepreneurial game.  So instead of getting bitter, get better. Innovation is process and it’s a contextual one.So apply your failed learning to a new circumstances and anticipate a different result.

Cheers,

Venture Cafe Miami

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