Succeeding in E-Business

Succeeding in E-Business

Economics is certainly a dynamic social science. Industry, and the way people do business, keeps changing with the times. For example, only in the last thousands of years, most societies in the world transitioned from a barter economy to one based on money. Money became a medium of exchange, and a repository of value, when centuries ago the first bankers would give notes in exchange of gold they kept. Today, private and central banking are the standard in most countries.

Clearly, another major development in economic history has been the Industrial Revolution, with the invention of electricity and machinery. One may argue that the Internet, together with its online transactions, social media and entirely new elements such as the “bitcoin”, has transformed commerce once again on an international scale.

So who succeeds in business?

Successful entrepreneurs share many qualities with each other. For example, they say the spirit of entrepreneurship is hardy, that such individuals usually react to challenges by trying harder rather than by giving up. When the going gets though – the though get going, as the saying goes…

Fear of failure has stopped many a potential successful businessman, or businesswoman, from pursuing their dreams and realizing their full potential. However, as another saying has it, if you try – then you already have a better chance of succeeding than the person who shies away from difficulties, or even opportunities.

At the end of the day, fear is an emotion. Fear is largely considered a negative emotion and is regulated by the amygdala (a brain structure). Fear is different from anxiety in that anxiety means fearing something unconfirmed, while fear implies a real threat. Still, it remains the result of neurons releasing neurotransmitters into synapses…

Michel love (lettering in the sky). Everyone can succeed in business. Photo by Elena