2023 Wrapped: 8 Business (and Life) Lessons
My teammate, Błażej, recently shared on his LinkedIn some wisdom about millennials dreaming of pubs and restaurants, while Gen Z sets their sights on IT startups. 😉 As a former restaurant owner turned IT representative, let me share some life and business lessons that the recent year (and a few before it, let's be real) has taught me.
Identify the tasks that truly matter; it's like Marie Kondo-ing your schedule. Overcommitting leads to stress and burnout. Prioritize, declutter, and achieve better results—this applies not only to your tasks but also to your relationships with people. Simple math: more energy on fewer things equals better results.
"If a man does not know to which port he is sailing, no wind is favourable." - Seneca. This is one of my favourite quotes. Clear goals are like a GPS for your business but also a personal life.
Haste makes waste, (my favourable “pośpiech poniża” in Polish) both in life and business. Rushed products and unplanned restaurant menus lead to dissatisfaction. Bugs in your app just to meet a deadline? That's a no-go zone.
Creating a plan nurtures a specific mindset, preparing you to tackle potential challenges and refining your self-efficacy—a psychological asset. Albert Bandura's self-efficacy theory centers on the belief in one's ability to succeed in specific situations or tasks. Be ready to have a plan B because life surprises.
If self-doubt tends to sneak in, dive deeper into Bandura's theory or jump into its key insights.
Feeling off? Reflect. The anchoring bias is a cognitive bias where individuals heavily rely on the first piece of information they encounter when making decisions or judgments. This initial information acts as an 'anchor' and influences subsequent thoughts and evaluations, even if the anchor is unrelated or arbitrary. If you are feeling anxious and dissatisfied about your current situation, reflect on what could have gone wrong but didn't. Reflect on what went right, develop a positive mindset, and sail smoothly.
Back in 1950, it took almost 50 years for medical know-how to double up. Fast forward to 1980, and it squeezed down to 7 years. By 2010, we're talking a mere 3 and a half years. Loads of examples show that sticking to old rules can cost big money (RIP BlackBerry). And this isn't just a business thing—it spills over into our personal lives too.
I've said it before in my previous blogpost and I'll say it again: get uncomfortable sometimes. That's where the magic happens.
Mistakes happen. Learn, transform, and keep going. Life is about growth, not perfection.
So, whether you're dreaming of coding the next big thing, developing an international company or running the coziest pub in town, these lessons might be a part of your recipe for success. 🚀
Think Again: The Power of Knowing What You Don't Know (2021) Adam Grant