Saturday, May 30, 2015

Journal of the Wantrapreneur : Going your own way


What do we mean when we say "manage your expectations?" It seems most of us, even when we plan for the most unlikely events, are still a little over optimistic. This isn't necessarily a bad thing, but it can mean set ourselves up for a nervous breakdown when situations occur that were no where near what we expected. So like any new relationship, we should aim to limit our attachment to our early expectations of our projects. This doesn't mean we shouldn't have expectations, that is only natural, but it means that early on when things don't go according to plan, which will happen, we need to go easy on ourselves and those around us.
"Things take longer than you expect. Plan 2-3 times longer than your estimates," says Aaron Franklin, a co-founder of LazyMeter, and Entrepreneur John Greathouse is even more pessimistic, citing the "Rule of Four" from the MouseDriver: Everything takes four times as long as you predict; everything costs four times as much as you budget; everything yields one-fourth the results you project.
So how do we limit our expectations of ourselves and our projects? We need to essentially make an agreement that while we have goals and a destination in mind, we often can't control the journey on how we get there. So these agreements of understanding we set with ourselves and others act like boundaries. These boundaries state that while this is all new and exciting, and we want things to succeed beyond our wildest dreams, we understand that life can and will often throw a spanner in the works. So while we invest our time, energy and money into our projects, relationships and life in general, we understand that sometimes our plans will fall through. When they do though, we take heed of what we did wrong or maybe right, learn from it, accept it, go easy on ourselves, and get back on the horse with our new trajectory.  

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