Success Advice
How to Convert Threats Into Opportunities
People often blame others for the lack of opportunities. They often blame God for not providing opportunities. It is the intelligent leaders who scan the environment, spot opportunities, and grab them.
Opportunity is like a beautiful woman approaching you on wings. Once you’ve seen her, you must grab her and wed her, otherwise, she might go elsewhere to someone else who will spot her and care for her.
Leaders and opportunities
Leaders have a knack for spotting opportunities and are smart at grabbing them. While cynics complain at every opportunity thrown at them, terming them ‘threats’, optimists are grateful for every threat thrown at them, viewing them as opportunities. Leaders are aware that opportunities come in disguise, and therefore they grab them as and when opportunities are thrown at them.
They know that opportunities are not handed on a platter. Hence, they keep doing what they are supposed to do, and when opportunities come in disguise, they effectively capitalize on them. Jack Welch once remarked, ‘Leadership is seeing opportunity in tough times.’ In fact, tough times are the best times to spot opportunities, as most people are on the run towards safety.
Mark worked in a research organization as a researcher. The company had to close down due to the recession, and all employees were shown the door. It was a challenging time for all employees. However, Mark took up the challenge and tried for employment in an academic institution, where he could share his knowledge. In fact, Mark had joined a research organization to hone his research skills, which are required in teaching.
He had resigned from the academic institution as a professor and joined a research organization to work for at least a year to become a successful academician. He had a great amount of experience in the industry, teaching, consultancy, and training, but craved a considerable experience in research organizations. Hence, he joined one such organization.
“Men make history and not the other way around. In periods where there is no leadership, society stands still. Progress occurs when courageous, skillful leaders seize the opportunity to change things for the better.” ―Harry Truman
Mark converted this threat of organizational closure into an opportunity as he was drawing close to one year’s experience, and began trying for a position as a professor in an academic institution. During the interview, the selection committee enquired whether Mark could justify himself as an academician, as he had broken his links with the academic institution for almost a year. In reply, Mark spoke of his passion for teaching and said that he had joined the research organization to widen his knowledge base.
He also added that research was an integral part of teaching, and academicians with research backgrounds could add more value to the teaching profession as they would be backed—and packed—with more information, which is usually missing in academic books. The selection committee was overwhelmed by his response and academic passion and offered him the post of senior professor and dean at their business school.
Mark was pleased with this offer and excelled as a successful academician. From this story, it is obvious that everything is present in our minds. We must know how to convert threats into opportunities.
Problems and prospects
Every problem contains several prospects in disguise. Every threat provides several opportunities when viewed properly. That is possible only when we see the big picture. That means seeing the invisible, something that is possible for leaders. Hence, leaders always look at opportunities rather than threats. When one door closes, leaders often look at the door that has opened, instead of the one that has closed. As has been rightly saying, a pessimist sees threats in opportunities and an optimist sees opportunities in threats.
People often tend to mitigate threats. However, the leaders have the uncanny ability to convert threats into opportunities thus bringing stability and progress to their companies.
When we observe strategic planners and senior leaders within companies, we see that they have the ability to spot opportunities in emerging threats. They have an uncanny ability to turn threats into opportunities. They do not lose pretty opportunities by saying ‘No’ too soon and ‘Yes’ too late. Hence, always give long thought to these two short words to excel as a successful leader.
Motivation
From Couch Potato to Go-Getter: A Step-by-Step Motivation Plan for Everyone
By understanding what motivates you, you can turn your dreams into reality
Are you tired of feeling like a couch potato? Do you want to transform your life and become a go-getter? You’re not alone! Many people struggle with motivation, but the good news is that change is possible. (more…)
Success Advice
10 Micro Financial Habits for More Wealth and Peace of Mind
The World Economic Forum still reports that half of U.S. adults lack financial literacy
You’ve heard about developing financial habits, but what about micro-financial habits? Micro habits are the tiny things you can do every day with minimal effort that, together, transform your future. (more…)
Success Advice
Success Without Purpose is the Path to a Lifetime of Overwhelm
When we focus on purpose and build businesses that offer more opportunities for others, we stop chasing hollow success.
Success isn’t just about hitting revenue goals or climbing the ranks. The grind of working longer hours, chasing more clients, and pushing for higher profits can lead to burnout and a sense of disconnection from the bigger picture. (more…)
Success Advice
How to Kickstart Your Business Idea as a Grad Student
Grad students often have superb business ideas, but many fail to bring them to life due to the fear of failure
Grad students often have superb business ideas, but many fail to bring them to life due to the fear of failure. The business world requires you to be an entrepreneur, and part of being an entrepreneur is taking risks. (more…)
-
Life4 weeks ago
Rewiring Your Brain for Success: Quick Techniques to Shift Your Mindset Today
-
Life3 weeks ago
3 Steps That’ll Help You Take Back Control of Your Life Immediately
-
Success Advice4 weeks ago
How to Kickstart Your Business Idea as a Grad Student
-
Success Advice3 weeks ago
Success Without Purpose is the Path to a Lifetime of Overwhelm
-
Entrepreneurs2 weeks ago
How to Grow Your Business in 2025 with AI, Blockchain, and Key Skills
-
Startups3 weeks ago
How to Protect Your Startup From the Most Common Digital Pitfalls
-
Entrepreneurs2 weeks ago
6 World Class Productivity Hacks for Entrepreneurs
-
Entrepreneurs2 weeks ago
5 Ways Cyber Security Planning Will Help Your Business Succeed