Hello hello Hive fam it's @tengolotodo writing today for @mmonline.
Crypto is in freefall and HIVE is no different.
Bitcoin is trading around 107k and I shudder to think what will happen when it hits 99k!!!
No matter what happens with $HIVE and $LEO I believe in doubling down my efforts.
I ain't going anywhere any time soon, so it got me thinking!
When you feel the weight of expectation, stress or even fear then the natural reaction is often to pull back or to slow down or just to plain play it safe.
But why follow the crowd!!
Many successful individuals and businesses follow a counter-intuitive strategy ... this is called doubling down on their efforts, on their focus, and on their core principles when they feel under pressure.
This isn't about blind arrogance!
it's a strategic, decisive response that transforms stress into momentum.
For example, doubling down now on Hive, could bring greater rewards. Not only are you showing you are here for the longterm, you will be publishing consistently!
The bottom line is that doubling down can be the key to overcoming obstacles.
Blackjack to the rescue
The concept of "doubling down" originates in blackjack. A player sees a favourable hand and increases the original bet. they double down (they double their bet)!
Psychologically, feeling pressure is often a sign that you are close to a significant outcome. and it could be a major win or a potential loss.
Instead of interpreting pressure as a threat, the "doubling down" mindset re-frames it as an opportunity where increased effort will yield a disproportionately large reward. Get dealt 11 in your opening hand ... then fluffing double down!
4 examples of where to Double Down as an Entrepeneur
- Product Sales ~ Double Down on Quality & Niche
If your sales are slow then don't make the mistake of trying to sell everything. So create more high-quality products in your current best-selling niche (e.g., more seamless patterns or a dedicated crochet planner if you are into selling digital products). This reinforces your brand identity and expertise.
- Creative Slump Double Down on Fundamental Skills When struggling for new ideas then get back to your basics. Spend an extra hour drawing, testing colour palettes, or simply doing research. I find research works wonders. So yeah go spy on your competitors!
- Time Management Double Down on Ruthless Prioritisation
When you are overwhelmed and forever running out of time, then cut out all low-value tasks. Focus your working hours exclusively on the one task that will move your goal forward the furthest (e.g., getting a new product listed, rather than endlessly tweaking old ones).
- Customer Feedback Double Down on Listening
If you receive negative feedback or criticism, don't hide from this. Respond quickly and listen intently. Do not go on the defensive, but use the critique to immediately improve a key area of your product or service. This turns a weakness into a visible strength.
What are your favourite ways to double down for entrepreneurial growth? Share them in the comments below!
Posted Using INLEO