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Wednesday, May 8, 2024

How Being 'Sm-old' Increases Your Chances of Success: Balancing Being Smart and Being Bold - Newsweek

Last updated Tuesday, August 30, 2022 10:30 ET , Source: NewsService

What do you think are the essential qualities that contribute to a person's success in life?

What do you think are the essential qualities that contribute to a person's success in life? Most people might answer passion, integrity, optimism, drive and intelligence. As an entrepreneur, I might also add boldness to the mix. Being one of the smartest people in the room doesn't guarantee success. You need a combination of smarts and boldness to maximize your chances of success. Being bold is defined as "showing an ability to take risks; being confident and courageous." Without a well-thought out plan, boldness alone can also be reckless, yet spending too much time thinking leads to "paralysis by analysis."

Paralysis by Analysis

If you think too much, you talk yourself out of being bold. You might end up predicting all of the negative outcomes, while never taking action. But if you are too bold, you may take lots of action, some of which might not be smart. I discussed this dilemma with a friend who suggested the term "Sm-old," being bold when faced with new opportunities, but taking measured action. I am where I am today because of the thousands of hours I spent reverse engineering the Google algorithm and being passionate about SEO. That, plus a few bold moves I made along the way. Starting a business is a risk, as is growing a business. It required me to take my 'smart' idea and empower it with boldness.

My journey began in Las Vegas where I built up an online business. I...



Read Full Story: https://www.newsweek.com/how-being-sm-old-increases-your-chances-success-balancing-being-smart-being-bold-1737794

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