In this episode, Matt and Rick discuss the importance of the ability to regulate your emotions. This is the single most important trait in determining your long-term success.
Emotional regulation is a crucial skill that impacts various aspects of our lives, particularly in the realm of business.
While many individuals believe they make rational decisions based on intuition, cognitive science reveals that automatic processes and emotional responses often drive our thinking.
Understanding the two systems at play in our minds—the autopilot system and the intentional system—can help us recognize when to regulate our emotions and employ deliberate reasoning.
By honing this skill, we can make better decisions and navigate challenges more effectively.
In this episode, Rick and Matt explore the cognitive science behind emotional regulation, strategies for developing this skill, and how it can positively influence our entrepreneurial journey.
Let's dive in!
Key Takeaways
- Regulating your emotions around decision-making (06:13)
- Our autopilot response system (08:30)
- Regulate, not repress your emotions (14:27)
- Put our feelings on paper (19:03)
- The 3 big emotions that will affect you in your business (20:43)
- Mitigate fear with logic (23:04)
Additional Resources:
- Learn About The Alloy Franchise Opportunity
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