I was interviewed on Ken Rutkowski’s Business Rockstars program and we discussed the impulsive nature of CEOs. Let’s face it, CEOs are the ones who have the wherewithal to take risks to make something from nothing. Every single day. For some CEOs, this also leads to impulsive decision-making — often at the worst possible time.
What’s the Lure?
It often happens in specific instances, such as borrowing money, or taking on an office romance, gambling, alcohol or drug addiction, and sometimes it’s all of the above. It’s a common problem and it’s behavior like this that kills businesses every day. How do we combat these temptations? It’s simple: Just say no.
Ask yourself these questions:
- Are you happy at home?
- Are you hiding from certain people in your life?
- Are you struggling to make payments as it is and you feel that a little more borrowing won’t further bury you?
- Have you stopped feeling good about your choices?
I can’t tell you how often we dig through these issues with business owners before we can even get to managing change. It happens, everyday. But the answer we come back to is simple: Just say no.