Emergic: Rajesh Jain's Blog

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Being Courageous

October 10th, 2004 · No Comments

[via Innovation Weblog] Dave Pollard has a review of “The Medici Effect” by Frans Johansson. He summarises one of the key messages:

Being courageous means:

  • a willingness to break free from old-paradigm networks which reinforce old thinking
  • a willingness to give up the security (for what it’s worth) of your present job
  • a willingness to fight knee-jerk defenders of the status quo, who will ‘black-hat’ anything new or threatening
  • a willingness to confront the possible social stigma of ‘failure’ and non-conformity
  • the ability to walk away from unsuccessful ‘sunk’ costs and not throw good money after bad
  • the ability to reframe alternatives from risk-averse to risk-accepting
  • the ability to acknowledge your fears and overcome them
  • a willingness to follow your heart

  • Tags: Entrepreneurship

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