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Taking Responsibility is Hard

Why is it so difficult to take responsibility for things, events, occurrences in your life?

Here are two possible reasons:

  1. Taking responsibility requires you to take ownership for your part or contribution to the thing, event, or occurrence. Do you know what the opposite of taking responsibility is? Being a victim. When you are a victim you can say “I am fat because of my genes” but when you take responsibility you have to say “I am fat because of my food choices, and my lifestyle”. The victim says that “I am in poor financial health because the capitalist economic system prevents me from being paid a higher salary” while the person who takes responsibility says that “I am in poor financial health because I live above my means, and lack the discipline to work hard on my idea for long enough until it becomes successful”. Taking ownership is hard.
  2. Taking responsibility is not a one-time action. It is an ongoing decision you have to make. Anyone can decide to take responsibility when they are feeling motivated. But very few people have the discipline and the motivation to continuously make the difficult choice of taking responsibility. Doing something hard once is easy. Doing something hard every day is hard.

Fortunately, these two factors are within the control of every individual.

#BTAOE

Categories
Ideas

Capitalism Allows You to Become an Entrepreneur, but also Saves You from Becoming One

I think that capitalism, as an economic philosophy and foundation for economic organisation is good. For most people.

Capitalism allows individuals to harness resources to produce needed or wanted goods and services for other individuals or organisations. The production process often requires the contributions of other individuals, and so jobs are created. If the enterprise is sustainable over time, those employed individuals can have long careers in that firm. If the economy is vibrant, those individuals can offer their skills (which they have refined through practice in that firm) to other firms, if they so choose.

The burden of entrepreneurship is borne primarily by the individual entrepreneur, the one who spots the opportunity, and takes the risk of creating the enterprise. And this burden of entrepreneurship is heavy. It requires one to step out into the unknown, and become vulnerable- to financial failure, and the social angst that “failure” carries along with it.

Capitalism allows those who are talented and naturally oriented towards creating and building enterprises, to do so. And it allows the many who are not, to still contribute meaningfully.

 

#BTAOE