Are you REALLY smart enough?
Ever wondered if you’re truly smart enough to own a business? Well I have good news. Despite what you may expect, just having a high IQ isn’t always a golden ticket to success. According to the Carnegie Institute of Technology, 85% of your financial success is due to skills in “human engineering,” your personality and ability to communicate, negotiate, and lead.
If you want your business to rise above the competition, you’ll need proficiency in multiple intelligences.
Those include:
- Emotional Intelligence (EQ)
- Moral Intelligence (MQ)
- Body Intelligence (BQ)
Daniel Kahneman, a Nobel Prize-winning psychologist, backed up this idea too when his research found that people preferred doing business with someone they like and trust – even if it meant they have to pay more.
Now, if you’re thinking, this doesn’t relate to my small business, I want to remind you that the vast majority of owners I interviewed for The Success Code identified having a positive mindset as one of the key triggers for their success. And, all three of the “intelligences” mentioned above impact your mindset.
Tips to Improve Your Intelligences
- To develop your EQ (emotional intelligence,) begin listening to your inner voice to gain insight about your emotions and thought patterns. Then work to develop techniques to reduce stress and manage your emotions in a healthy way. Once you’ve mastered your EQ, start becoming aware of the emotions of those you interact with and develop your ability to empathize.
- To develop your MQ (moral intelligence,) work to wholeheartedly respect yourself and others. Stop making excuses, telling white lies, and placing blame on those around you. Learn to forgive yourself and others for shortcomings. And always maintain your integrity.
- To develop your BQ (body intelligence,) become more present in your body and avoid going on autopilot. Begin to make healthier choices about food, exercise, and rest. Learn to listen to your body – its needs, likes, and dislikes. Then give it what it needs and cut down on stress as much as possible.
Bottom Line
It takes more than a high IQ to be successful in today’s complex and competitive business environment. It might take work, but developing your EQ, MQ, and BQ will pay huge dividends including an improved bottom line. So, take some time today to think about how you can improve and a get started right away with a few steps to keep moving forward.
