Category: Psychology

Why a big ego reduces your chance at business success

While one might think a big ego is actually a common trait among over-achieving business people, the truth is that an out-of-control ego is anything but conducive to success. The problem of ego is in fact a recognised one in the business world and has been the subject of many studies and much debate over the years. In this article we explore the specific challenges that come with having an ego and why businesses suffer when those taking the big decisions are led by a big head.

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Mental strength and startup success

Mental toughness is broadly perceived as the ability to deal with stressful situations and pressures and still act to the best of your ability no matter how hostile or unpleasant the environment you find yourself in. And here’s the thing: Studies have shown that mental toughness can account for a variation of 25% with respect to quality of performance, which means it can have a huge impact on the outcome of a situation — or the outcome of your business. So how can the entrepreneur increase his or her mental toughness? This article explores five key ways.

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5 ways to spot a liar in business

From paying too much, to hiring the wrong employee or vendor, to purchasing a product you don’t need – when you are being intentionally misinformed it can very easily result in you taking a decision that will harm your business. So are there ways to spot those lies? Many experts will tell you that yes, there are, and in this article we take a look at five of those key “tells”.

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