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Posts tagged as “stoic”

7 Stoic Principles Every Entrepreneur Must Embrace

Philosophy’s absence from the business world is a crucial mistake. By and large ignored by popular culture and forgotten by the media, modern philosophy has been delegated strictly to the classrooms by its own doing. Rather than adapting to the times, modern philosophers have retreated into an ivory tower of abstract intellectualism and esoteric gloating. Come on guys, you’re giving philosophy a bad name! For those of us who live in the real world, there happens to be one branch of philosophy created just for us: Stoicism. As Ryan Holiday popularized in The Obstacle is the Way, Stoicism doesn’t concern itself with complicated theories about the world, but with helping us overcome destructive emotions and act on what can be acted upon. Just like an entrepreneur, it’s built for action, not endless debate. I’ve recently rebuilt my life and business under these seven guiding principles, or maxims as I like to call them. I consider each elemental in my growth as a man, entrepreneur and leader. Consider this your introduction to Stoicism! Principle #1: “I can always improve.” As CEO of Rich20Something, I’ve learned that there’s always something you can do to be better. A better entrepreneur. A better son, sibling, friend or partner. There might be times where you are haunted by mistakes from your past, and you mistakenly equate yourself with your mistakes. It sounds corny, but every day that you wake up is an opportunity to change. And the decision to makes these changes start with a single decision.   Principle #2: “I persevere when I am frustrated.” Resilience is in short supply these days. I blame the internet. Because everything promised is easy. Because everybody wants things now. The world has been around for over 4 billion years. Modern civilization has only been here for about 6,000. Don’t rush the process. Things necessarily, and without exception, take time. While that time is elapsing, don’t give up because you’re frustrated. Persevere. Consistency compounds like interest over time. If you’re interested in learning more, check out Meditations by Marcus Aurelius. Principle #3: “I don’t run from mistakes, I…

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