Do you know what separates good entrepreneurs from great ones? Some say it’s their ability to learn from their mistakes, but I think it’s their 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 sugarcoat things to you…
Download this cheat sheet of 3 things you can do to handle the truth.
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, what if someone told you that you suck at sales, then that person 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 the person said you didn’t know how to do your job, but the millions of dollars you will make 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 sugarcoat things. If they think something is off with the business or if I’m doing something wrong, they’ll let me know.
A good board will help you fix the issue they point out. 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 in your pocket.
Emotions can hold you back from succeeding, so set 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 sugarcoat 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. Sugarcoating won’t help you get to where you want to be. Now, this doesn’t mean that the advice you get is always going to be right. You just need to listen to it, take notes, and then determine what you want to do.
Just don’t kill the messenger as the messenger has your best interests at heart when giving you the feedback.
You need to be blunt
If someone on your team isn’t performing and you sugarcoat things when you comfort your team member, it will inevitably cause you to be unhappy. And at that point, you can’t blame that person for his or her lack of performance because it’s your fault for not being upfront.
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 you and your employee.
When you talk with others, try being blunt. At first, people may hate you for it, but, in the long run, they’ll appreciate it. This can tremendously help your reputation and personal brand.
Life is too short to sugarcoat things. Be brutally honest with yourself and others, or else you’ll just be wasting time.
When people tell 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?
P.S. Do you want to improve your business? click here.