Weekly Business Idea

September 14, 2018 – What is Holding You Back?

Posted on | September 14, 2018 | No Comments

Main Idea:

Do you know what your personal limitations are?  Do you know how far you can push yourself?   Do you know the limitations of your business?  Are there certain things that you just aren’t good at and will never learn?  Do you know the power of your mind?

Expansion of the Idea:

During the 1940’s, most people in track thought that no one would ever break the 4 minute mile.  There had been some marginal improvements in the world record until July 1945.  It stood at 4 minutes, 1 seconds.  For the next 9 years, no one was able to beat the current world record.  However, there was a runner from Great Britain, Roger Bannister, who thought he could break the 4 minute mile.  He finally did break it in 1954.  As soon as he broke it, there were a number of other people who broke it also.  Was there a new training method that suddenly helped?  No.  What was the secret sauce that allowed these other people to break the 4 minute mile?

It was their previous beliefs that had held them back.

Can it really be that simple?  Can we change our beliefs and as a result change our results?

I see this play out at small businesses all the time.  This shows up in the following areas:

  • Sales
  • Public speaking
  • Understanding taxes
  • New technology
  • Managing millennials or baby boomers
  • Time management
  • Education

The problem occurs when you think you can’t do something or don’t have the time to do something.  Once you create that barrier, it is tough to get around it.  However, if you change the mindset from “I Can’t” to “I Will”, then a lot of good things start to happen.  You might succeed.  Or you might fail which leads to learning new things which leads to future success.  The point is that our mind puts up a lot of barriers because of fear of failure.  When we can reprogram our mind and look for how to make things happen, we are really changing our future.  Henry Ford said it best:

“Whether you think you can or you think you can’t, you’re right.”

Questions to Ponder

  1. What am I saying no to?
  2. Are there areas that I need to grow into?
  3. What new things should I attempt?
  4. What do I need to learn?
  5. Can I encourage my team by showing them that I believe in them?

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  • About

    These weekly ideas are brought to you by FitzGerald & FitzGerald P.C. For more information about how to use these ideas with your small business contact Tim FitzGerald at trfitz@fitz-net.com.