Is Optimism Overrated?

Is optimism overrated? Is it an empty word? Some say yes.

Optimism is good for our mental health and overall outlook but it will do nothing to improve our situation. Optimism without action is empty.

Don’t be mistaken, optimism has several advantages, the chief among them being that it opens our minds to see and seize opportunities a pessimistic mind would overlook. However, the most important quality of optimism is that it can be the fuel to take action. Optimism is seeing the opportunities in the challenges we face, whereas action is the bridge to making the desired outcome a reality.

An optimistic individual who does not take action may find their optimism souring into a pessimistic outlook. Even worse, they will find themselves regretting the actions they didn’t take. Regret is much more painful than pessimism in that it’s disappointment fully realized.

So what are some of the ways we can apply what I like to call ‘practical optimism’? We discussed several practical tips in this week’s video ‘Back to Basics’. For us to begin taking positive steps to build our business requires some measure of optimism. But where does pessimism come into play?

Psychologists have identified two types of pessimism. Depressive and defensive. Depressive pessimism saps the will power of the individual who believes they lack the skills, resources, and talent to succeed. In its simplest form, it says ‘why even bother?’. Defensive pessimists are quite different. They worry about specific potential negative outcomes and then harness that anxiety to take action. A defensive mindset anticipates the unexpected and seeks to find ways to adapt and overcome.

Whether you are a self-described pessimist or optimist, know how to harness each to a positive end result. Seek the mindset that best serves you while remaining rooted in the reality of the challenges you face.

Is optimism overrated? Yes, when it results in no action taken. However, it remains a priceless asset in helping us take the first steps toward deliberate and continued activities to grow our business.

1 comment

Boyd Uselton February 5, 2019 at 6:27 am

To realize what a product has become and now is – is not pessimistic .I can think of no product that has survived a 97% rejection . The HECM has been rejected at this rate of it’s market and more, Possible market size as we have been told that it is- is NOT TRUE, It seems that the sooner we recognize that we are selling a small Niche product suited primarily to those of those whom have had economic advantage, the better off we will be. The needs of the general senior market has little bearing on what we offer for sale. Perhaps we should think of that as we call on Financial planners begging for Business.


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