Episode 483: Entrepreneurial Loops and Spirals

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On Today’s Show

Alex Charfen warns us about what he calls “entrepreneurial loops and spirals” and the challenge of unintentional consumption. Whether it’s books, seminars, coaches, or online programs, entrepreneurs have the tendency to consume information and products unintentionally in an effort to find momentum. To combat these negative loops and spirals of wasted activity, we must increase their awareness and intention around the content we consume.

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1 Simple Thing Action

First step: Clarify where you are today, understand what’s going on, and write things down. If you don’t know your net worth, understand it. If you don’t know how much money you’re spending, figure it out. If you don’t know what’s going on in your life or what you need to do next, sit down and clarify what’s going on.

Second step: Partially define an outcome and the next action that matters to you. What is the next place to aim at, that next level where you will focus your energy? Then push towards that goal with everything you have.

Mentioned In Episode

Entrepreneurial Loop: Something we do continuously without a new result or a different result.

Entrepreneurial Spiral: When we do the same thing over and over again with a diminishing result.

Guest

Alex Charfen

  • Co-founder & CEO Charfen.com
  • Author
  • Speaker on entrepreneurial awareness
  • Inc 500 Award winner three years in a row

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This Article Was Written By

Manuel Serrano

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