Ray DeckAcclaimed advisor to hundreds of founders and builders. Investor, teacher, founder, advisor

Circle of Concern #strategy #entrepreneurship #startups

Name: Circle of Concern #strategy #entrepreneurship #startups
Uploaded: 2024-05-15T13:00:26+00:00
Duration: 44 s
Channel: Ray Deck
Description: In this brief presentation, the speaker explains the distinction between the "circle of concern"—the many issues that worry us but may lie beyond our…

15 May 2024 · 1 min

Watch on YouTube

0:44

In this brief presentation, the speaker explains the distinction between the "circle of concern"—the many issues that worry us but may lie beyond our control—and the "circle of influence"—the smaller set of factors we can actually affect. He argues that meaningful decisions arise at the intersection of these circles: issues we care about and can influence. By recognizing what can and cannot be changed, we can act like a wise person, directing our energy toward controllable matters and avoiding wasted effort on concerns beyond our influence.

Chapters

Circle of concern, circle of influence. There can be quite a number of things that we are concerned about that cause us some degree of worry because we think those things might actually affect us. But there's a more limited set of stuff that we can actually control. And the thing about things we can control is we can make decisions based on those things, decide what we are going to do in the world. And it's going to be where those two things overlap that we're able to make the most meaningful decisions, right? Things that concern us and that we're able to have influence on. The trick is that things that concern us that we can't influence, we need to be that the wise man who knows the difference, right? Between the things we can change, things we can't change. By keeping that idea of what we can control, what we can't control in mind, we can focus our energies on things that really matter because those things we can do something about.