We often hear about successful entrepreneurs such as Steve Jobs and Richard Branson, who have admitted that they relied on their gut more than any statistics and analysis to achieve their success. With business trends being dominated by statistics and analysis, questions like, Is relying on one’s intuition a good idea for reaching success? And Is it better than relying on statistics and analysis? The answer to these could be that intuition indeed is crucial for business.
Even though businesses require statistics and analysis in order to be functional and productive, there are still too many unpredictable factors such as social relationships, trends, emotions, and other factors that are difficult to analyze immediately. Such factors make it prominent that for an organization to become successful, both intuition and analysis need to work hand in hand.
Furthermore, studies have reported that about 80% of successful entrepreneurs tend to rely on their intuition, they are found to integrate this intuition with their cognitive capacities and knowledge when weighing options for making decisions.
So, how to build this intuition for business? Our intuition is a result of the subconscious mind, past experiences, and gut feelings. The basic step to develop business intuition is to increase your knowledge about your business decisions so that you can allow your subconscious mind to help your gut feeling. Also, there are many instances where you need to deal with new situations, therefore, it’s better to take some time away from those while simultaneously trying to engage yourself in different activities as it’s been observed that intuition strikes the most during such activities.
Furthermore, an effective hack that you can practice everyday to build your intuition is to learn to pay attention. This involves paying attention to things that are slightly out of the ordinary and asking yourself what you feel about them. This is an effective approach because not only those non-ordinary things can become your business ideas, but paying attention to them while asking your gut feeling helps you to trust your intuition and remove possible barriers to it.
Bonus tip: Your self-critic can be a barrier to developing business intuition as it keeps asking you to think about the negative outcomes. One way to deal with this is by taking a walk and asking yourself about the fears from which your self-critic is trying to protect you. This might be overwhelming, but it would help in understanding and then finding actions to overcome such fears.
Challenge: Try to find one non-ordinary thing in your surroundings and write how that can affect your business in the comments.
We’ve grown up observing those around us helping one another most of the time, listening to multiple anecdotal pieces of evidence suggesting that “Happiness is found in helping others”. But is this true? Research suggests that giving your time and energy to others is as nourishing to your soul as taking care of yourself. Hence, here we will talk about what you can do to support people you care about.
But before that let’s understand why some people face problems while showing their support or care? Although there can be different reasons behind this a few common causes include:
1. Insecure attachment style that might develop from bad attachment formed at childhood with a caretaker which results in difficulty in reaching out or lending help to others in the later stages of life.
2. Another reason might include our own lack of energy or feeling compassion fatigue by constantly giving help or listening to other problems.
So, how can you support people you care about? The first and most basic thing you need to do before thinking about anything is to show up for your support. Research suggests that even just by showing up, you can exponentially decrease other’s worry and increase a feeling of strength in others.
Now, the most simple and effective hack is to identify and offer practical help to others, such as, in certain situations, there is little to nothing which you can do to improve the base situation, but you can still help by identifying simple things you can do, such as, making coffee and/or doing their mundane tasks. And if you are unable to identify such things, then ask what you can do for them.
Remember to take care of a few things such as putting away your phone, not assuming what they feel or think, being patient when they don’t want to have a conversation, and how to not interrupt during conversations.
Millennials (born from 1981- 1996 are the first native digital generation to enter the workplace. Studies suggest that the millennials would be about 75% of the workforce till 2025, and therefore will be playing a major role in any organization’s success and/or failure.
But trends show that the majority of organizations still need to learn this generation’s real aspirations and needs instead of assuming that fun activities such as after-work socials, ping-pong tables, and free coffee machines will help them retain this generation. It is true that this generation didn’t go through any major economic depression and also has multiple career options which are easily accessible.
So, what do Millennials look for in a job? There is extensive research on what Millennials want in a job and a few common factors that organizations should focus on are the following:
Challenge: Write three things you want from any organization in the comment section.