Become a Finance Ace Business Strategies and Financial Tips for Everyone

12Mar/12Off

Make credit decisions based only on solid data

We are the same people at work that we are at home. We may alter the facade, but our core values do not change. This statement indicates reluctance to disclose parts of our personal life to others. If we hide a part of ourselves from others, people sense we are not being fully genuine. Humans have a sixth sense for knowing when someone is not sharing information with them. This starts a cycle of mistrust between people: If you don’t share something with me, then I’m not going to share something with you.

While it’s true that we can learn a lot from history, to make decisions based solely on historic data would be a mistake. People, events, and partnerships change. I use the analogy of driving a car while looking in the rearview mirror. It may be useful to see where you’ve been, but it’s more important to know where you’re going. If you believe that past history is a better predictor than a future plan, you may have a past orientation. You may also feel uncomfortable with change and therefore prefer to maintain the status quo.

While meeting people for the first time can sometimes create mild anxiety for people, if you get very nervous, that may indicate that you have a problem with change. New people bring new and often unexpected challenges. If you are uncomfortable dealing with change, meeting new people may heighten your anxiety. This may be true for you in partnerships as well.

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