Stop Blaming the Market: How Founders Adapt to Change | Kyran O’Neill

Send us Fan MailTwo businesses can face the same market conditions and produce completely different outcomes.One adapts, makes decisions and moves forward. The other waits for circumstances to improve, blames the market and remains attached to a version of the world that no longer exists.In this episode, Peter Boolkah speaks with mental-performance coach and Total Mental Performance founder Kyran O’Neill about why business owners respond so differently to uncertainty and change.Recorded during the COVID-19 pandemic, the conversation uses Peter’s description of “the same storm, but different boats” to examine fear, emotional decision-making, social comparison, self-sabotage and the danger of waiting for normality to return.You’ll discover:Why people interpret identical market conditions differentlyHow fear and uncertainty can reduce a founder’s available optionsWhy attachment to an old business model can prevent adaptationHow social comparison distracts owners from their own businessesThe difference between looking in the mirror and looking out of the windowWhy blaming the market delays necessary decisionsHow strong emotions can shorten a leader’s decision-making horizonWhy founders should examine the consequences of changing nothingThe relationship between acceptance, optimism and brutal factsHow founder psychology can become an organisational bottleneckAlthough the pandemic examples reflect the period in which this conversation was recorded, the central question remains evergreen:When conditions change, do you adapt the business or wait for the old world to return?GUEST INFORMATIONKyran O’Neill: https://kyranoneill.comKyran O’Neill on LinkedIn: https://www.linkedin.com/in/kyranluisoneillTotal Mental Performance: https://www.totalmentalperformance.comCONNECT WITH PETER BOOLKAHWebsite: https://www.boolkah.comLinkedIn: https://www.linkedin.com/in/boolkahInstagram: https://www.instagram.com/pboolkah/Facebook: https://www.facebook.com/BoolkahX: https://twitter.com/boolkahABOUT PETER BOOLKAHPeter Boolkah is a business coach, author and speaker who has spent more than 20 years helping business owners build stronger, more valuable businesses that do not depend on them for everything.He is the creator of The Hamster Wheel Trap® and author of Your Business Sucks: Build a Business That Works Without Destroying Your Life.Peter works with founders and leadership teams on the issues that ultimately determine whether a business creates freedom or becomes another job: leadership, founder dependency, people, profit, execution, scaling, exit readiness and enterprise value.His approach is direct, practical and built around one simple question:Do you own the business, or does the business own you?Learn more at https://www.boolkah.com