The process of creating the business plan reveals whatever necessary skills are not in place. One can be skilled and yet be an incompetent businessperson.
Why Do We Trade? For Real.
- Thread starter cornix
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The process of creating the business plan reveals whatever necessary skills are not in place. One can be skilled and yet be an incompetent businessperson.
Agree with you here with one note: often the skill is to see what must be done. Not skilled enough person may simply overlook important details. "The difference which makes the difference" in NLP terms.
In business, maybe. Trading should be emotionless.
Agree with you here with one note: often the skill is to see what must be done. Not skilled enough person may simply overlook important details. "The difference which makes the difference" in NLP terms.
Sometimes the skill is to know when to hire a competent manager.
If it's emotionless, but not driven by the passion to make money, then what is the motivation?
Yea, but the skill is needed to distinguish a competent manager from the incompetent or even worse, a fraud.
To trade properly.
Yea, but the skill is needed to distinguish a competent manager from the incompetent or even worse, a fraud.
One can recognize skill in others even though he doesn't necessarily have them himself.
Are we talking about running a business now?
Yes, but what is the internal driver to do it? What motivates the person to trade properly?