When this column appears, I will be fishing on the Missouri River in Montana.
There is a high likelihood that I will be happy, irrespective of fish count. If I have hooked a few fish, I might also be satisfied. Those two emotions are different and for a more nuanced exploration of that puzzle, let’s play an old song from the Rolling Stones, “I Can’t Get No Satisfaction.”, who teaches a course on “Leadership and Happiness.
In addition, there is the distinction between external event satisfaction and self-satisfaction . I often feel that I come up short, that I missed the mark, and that is not unique. In studies of great athletes, we can often see the immediate pain of a loss, but the lack of that momentary satisfaction does not diminish their happiness at a more macro level. They will go home to loving wives and children and will live to play another day.For me, that view is powerful.
For our entrepreneurs in waiting, this behavior can be deadly. I had lunch with a friend, and he tells a story that has been told several million times. He was in a company, it was doing well, they got an offer to buy it, the board thought the offer was too low, they told the buyer to pound sand, and 12 months later, there was no company, no sand, and they were broke.
Nothing said above is new or revolutionary. It is stuff we have been told our whole lives. Why is it so hard then for us to internalize it and modify our behavior?
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