Behavior Gap Radio

Challenge Your Assumptions by Carl Richards: Human Behavior, Creativity, Behavioral Finance

When I tried to buy a kite, I got a taste of what it means to have a strong opinion as an entrepreneur. Now, of course, there are trade offs for having strong opinions, but I've found that my response and the response of others to these entrepreneurs with strong opinions suggests we might want to test not trying to be a fit for everyone. To learn more about being an entrepreneur and real financial advisor, sign up for the Behavior Gap Newsletter at behaviorgap.com.

When you insert your opinion into the world, you need to be prepared for the possibility you might be wrong. It may be the timing, and people aren't prepared for what you're offering. But it may also mean that the path you chose just doesn't work. You need to listen carefully to the feedback you receive to separate the two. Could what you're doing work better with a few tweaks or at a later date? Or do you need to accept that it won't work period and move on? To learn more about being an entrepreneur and real financial advisor, sign up for the Behavior Gap newsletter at behaviorgap.com.

Take My Survey by Carl Richards: Human Behavior, Creativity, Behavioral Finance

When you insert your opinion into the world, you may discover that people don't understand your vision. You'll need to listen carefully to feedback so you can separate the advice that's worth acting on versus the advice that should be ignored. With this creative entrepreneurship comes a great deal of uncertainty. We don't know if our gamble will work, but we can increase our resilience when it comes to handling uncertainty. To learn more, sign up for the Behavior Gap Newsletter at behaviorgap.com.

The stereotypes we associate with business - boring, guys in suits, only about profit - aren't the only options available to us. For me, I see creating and building a business as a way to insert our opinion into the world. That's why entrepreneurship, at its core, is about creativity. Just imagine the difference you can make in the world if you choose to make your business a platform for supporting the change you want to see. To learn more, visit behaviorgap.com.

Adventure is Worth It by Carl Richards: Human Behavior, Creativity, Behavioral Finance

In a bit of detour, I'm doing a series that combines two things that I'm really passionate about: real financial advisors and entrepreneurship. Even if you work in a big firm, there's still many aspects of the job that require you to act like an entrepreneur. Maybe you're the principal of your own firm. If so, when you began, you were running a startup. It's a fascinating overlap that I'll explore in the next few episodes. To learn more about being a real financial advisor, sign up for the Behavior Gap Newsletter at behaviorgap.com.

What does it mean to be an entrepreneur? I find it most interesting when entrepreneurs act like artists. They feel compelled to start something, and the business became a way to insert their opinion into the world. I've noticed that this definition describes many of the real financial advisors I know. To learn more about being a real financial advisor, sign up for the Behavior Gap Newsletter at behaviorgap.com.

The Value of Speed by Carl Richards: Human Behavior, Creativity, Behavioral Finance