Project17: Justin Milano – Four Pillars for Entrepreneurial Success


Takeaways:

  • Understand fear and anxiety, and their differences.
  • Fear is about what’s happening right now. It powerfully colours judgement.
  • Anxiety is chronic, worrying about things that can probably go wrong in the future. It hijacks creativity.
  • Decisions are made based on choices going through an emotional filter. Your emotions affect your decision making.
  • Learn to master yourself and your emotions to be a leader.
  • The Psychological Price of Entrepreneurship
  • Fear -> Anxiety -> Burnout -> Depressed -> Overwhelming -> Start blaming on people and things.
  • Learn how to prioritise your workload
  • Cultures of Fear:
      – Scarcity: not enough money, time, support
      – Aversion: not feeling right. having the wrong experience: guilt, upset, inexperienced, overwhelmed. When the world doesn’t show up the way your expected, you feel resistant
      – Unworthiness: I’m not enough. Understand the company’s failure is different from your personal failure. It’s important to unwind these 2 things to maintain the identity of yourself.
  • Be considerate about cultural sensitivity, eg:
      – Asia: you cannot fail
      – America: fail fast, fail often, fail cheap.
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