Do you know what separates good entrepreneurs from great ones? Some say it’s the ability to learn from mistakes, but I think it’s the ability to handle the truth.
It doesn’t matter how smart you are or how good you are at executing, if you can’t handle the truth you’re in for a treat. At the end of the day, would you rather have someone sugar coat things to you…
Would you want someone to be straight up with you?
As an entrepreneur you should be doing what’s best for your business. What’s best for your business is what’s best for you… even if that means your ego gets crushed. For example would if someone told you that you suck at sales, then they helped you get better at it, and that resulted in millions of more dollars to your business…would you care?
Sure, you may be a bit angry at the beginning because they said you didn’t know how to do your job, but the millions of dollars should easily make up for your anger.
Learn from the truth
One thing I look forward to every month is my board meetings. I know most entrepreneurs hate them and think they are a waste of time, but if you have a good board you’ll actually learn a lot.
The best part about my board is that they don’t waste time trying to sugar coat things. If they think something is off with the business or if I’m doing something wrong they’ll let me know. Best of all they’ll help you fix it… and if they can’t do that they usually know someone who you can talk to that can solve your problem.
At the end of the day we both own shares in the same company and whatever causes it to make more money, makes it worth more. That results in more money into your pocket.
Emotions can hold you back from succeeding, so push them aside and do what’s best for your business instead of what’s best for your ego.
Don’t kill the messenger
If you’ve received an email from me, you’ve probably noticed that it was short and to the point. This has caused people to think I’m rude. But the way I see it, I’m just being blunt.
If you want advice from me, expect me to be to the point, as I don’t care to sugar coat things. Why you may ask? Well it’s because if I tell you what you want to hear and you fail, it’s my fault. If I’m honest with you and explain what’s best for you, then it’s your fault if you don’t use my advice.
When people give you advice, ask for their honest opinion. Sugar coating won’t help you get to where you want. Now this doesn’t mean that the advice you are going to get is always going to be right, instead you just need to listen to it, take notes, and then determine what you want to do.
Just don’t kill the messenger as they have your best interest in mind when giving you feedback.
You need to be blunt
If someone on your team isn’t performing and you sugar coat things when you comfort them it will inevitably cause you to be unhappy. And at that point, you can’t blame them for their lack of performance, instead it’s your fault for not being up front.
That’s not even the worst part of it. You’ll bottle everything up inside you, which will cause things to end on a very sour note between your employee.
When you talk with others, start being blunt. At first people may hate you for it, but in the long run they’ll appreciate it. This can tremendously help you reputation and personal brand.
Life is too short to sugar coat things. Be brutally honest with yourself and others, or else you’ll just be wasting time.
When someone tells you everything is great, call them out on their bullshit. Things can always be better! Hopefully they’ll return the favor one day and tell you how you’re screwing up.
It’s the people who are honest with you that are really trying to help. Instead of pushing those people out of your lives, start strengthening your relationship with those people.
So do you think you can handle the truth? Or better yet, do you have what it takes to be blunt with others?