Stoicism is perfect for the entrepreneurial life
Interested in how you can build your business success on these virtues?
What is Stoicism?
Other concepts are a little disturbing, as in the idea that Stoics are similar to Nihilists - "try to feel nothing, do not care, for all is meaningless and destined for the worms". No, that's not it!
In essence, the philosophy of Stoicism offers a way of experiencing life that focuses on your role & experience in the moment. You are encouraged to avoid the distractions and trivialities of life. You are required to think about what is worthwhile & important, valuable, worthwhile - and separate it from what is trivial & transitory.
You become indifferent to the chaos & uncertainties of the external world, while cultivating mastery of your emotions and internalising the source of your peace & happiness.
The 4 virtues are:
- temperance, and
The 3 most important disciplines are:
- action, and
Here are a few of the concepts:
- All humans are human beings. I love this - so simple, yet profound!
- Before you try to control events in the world, you must first have control over yourself.
- The goal is to live the best life that you can - a eudaimonic existence, so be mindful of what you do, & why you do it.
- Live "hic et nunc" = live in the Here and Now; pay attention because every decision is a moral decision, and needs to be made mindfully.
- At the end of every day, ask "In what way have I become better today?"
How does this apply to my business success?
When you know what you value, you are in a position to choose how to represent that value to your clients.
When you know how to be in the moment, and focus on what is important while ignoring the trivial, you are able to deliver the best possible service to your customer.
Justice can be related to fairness in your business dealings.
Wisdom can be related to using your experience to best advantage.
Temperance can be a guideline for your pricing, and an inhibitor of greed.
Courage is what you know you need, every single day, to run your business.
- Leo Babuata
- Rymke Wiersma
- Paul Jun
- Thai Nguyen
- Bea Kylene
- Marcus Aurelius
Stoa means "porch" - that is where the philosophy evolved through discussion - very amusing!
There are a number of Stoic exercises that help you with the practical aspects of living this philosophy - if you're really interested, ask the great Google; the sources are many & varied.
Feeling emotionally drained / overwhelmed? We can work on that.
Let me know your thoughts in the comments. I'd love to know whether any of you will test this in your business.