Want Big Results? Start Making Decisions, Not Excuses: Episode 1212

Episode 1212

Want Big Results? Start Making Decisions, Not Excuses: Episode 1212

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Episode 1212 – Want Big Results? Start Making Decisions, Not Excuses

Facing Fear in Business: Why Taking Risks is Key to Growth

In this episode, Mike Campion is joined by mindset coach Jenell Newell, who shares her expertise on a topic that’s crucial for every business owner: taking educated risks. Mike, with his usual energy, highlights that fear often holds business owners back, even when they know they should take action. He points out that the real danger isn’t the risk itself but the paralysis that comes from not acting. Jenell, as the expert in guiding people through fear, explains how to break free from inaction and move forward in business.

Risk is Inevitable—But It’s Also Essential

Mike and Jenell dive into the concept that no business decision is without risk—whether it’s raising prices, investing in marketing, or buying new equipment. Mike compares avoiding risks to staying in an abusive relationship because it feels safer, even though the current situation isn’t ideal. Jenell reinforces that while taking risks may be uncomfortable, it’s the only way to grow. Business owners must understand that staying in the same place, making no decisions, guarantees nothing will change.

Making Decisions: It’s Not About Perfection

A common excuse business owners make is “I’ll think about it.” Mike calls this out as a form of procrastination, a way to avoid making decisions. He encourages listeners to embrace making decisions, even if it means occasionally making a bad choice. Both Mike and Jenell agree that fear should not dictate inaction. They emphasize that business owners must learn to make decisions quickly and then adjust based on the results—good or bad. The key is to avoid getting stuck in the cycle of “thinking it over” without ever committing.

Educated Risks: The Secret to Smart Growth

Jenell explains that while all risks involve some level of uncertainty, they should be educated risks. By assessing the potential outcomes and using data to back decisions, business owners can make informed choices. Whether it’s investing in new tools or systems, Jenell encourages business owners to look at the facts—like how an investment might improve efficiency or profitability—before making a decision. The point is not to avoid risks, but to make decisions that are backed by evidence, which reduces the unknowns.

Building the Skill of Decision-Making

Finally, Mike and Jenell stress that decision-making is a skill that can be developed over time. You don’t have to be a natural-born risk-taker. By practicing smaller decisions in daily life, like picking a meal at a restaurant, you can strengthen your decision-making muscle. This practice will eventually translate into more confident business decisions. Jenell reminds listeners that no one is born with perfect decision-making skills, but with effort and intention, anyone can become a better decision-maker and take the risks needed to grow their business.

In conclusion, being a business owner requires courage, but it also requires action. By reframing risks and learning to make decisions without fear, business owners can unlock growth and success. The best part? You can start today, building your decision-making skills one choice at a time.

Episode 1212