If you believe violent videos don’t create violent cultures, or constant terrorism talk doesn’t chill human brains, you’d likely also deny that fear creates frantic financial failures too. Fact is, it’s doing just that.
In reality, financial experts increasingly warn us that fear can drain an economy, and it makes sense if you consider the mental disaster fear creates. While cynics continue to cry for justice or toss blame around, thankfully others speak out to help transform fear into renewed financial confidence. How so?
Warren Buffet warned CNBC that the economy has now changed the very culture of our nation, because fear is contagious. The New York Times claimed that fear is rational, given the state of uncertainty in the current economy. Do you agree? Wall Street continues to recycle messages of fear, in spite of any stimulants the government shuffles through their ranks.
The opposite of fear is confidence, that fuels mind-bending strategies for change and reaches beyond fears that stunt renewal. How so?
Fear causes cynics to react without much reflection. Why so? Dangerous chemicals such as cortisol rev up in brains focused on negative or scary news. Driven by cortisol, it’s no surprise that knee-jerk responses tend to follow. That’s how brains work. It’s also true that people respond differently to fearful situations such as job loss, and that chemical and electrical activity differs in every brain. Where some run or point fingers over sinking economy, others optimize opportunities for change. Through taming their amygdala in tough times, successful people win wonders in the most difficult financial situations. Have you seen it happen?
Confidence, the opposite of fear, triggers chemicals such serotonin for winning reactions that open the brain to solutions, in spite of difficulties. Fueled by mental vigor, the high performance mind will often spark reconfigured systems to replace the broken foundations that drained money in the first place. Can you see why fear, blaming or venting works less well in tough economic times, where brains crave to see beauty, hold out hope, build community, run with solutions, and craft a better way forward?
So where to start if you’ve focused more on the fear side of ledgers? Win brain-bending benefits on the the other side of fear. How so? By acting confidently, one step at a time. Amazingly, each positive act will literally reshape the brain for more of the same, until you too become part of drop-dead solutions that transform financial loss into finer tomorrows.
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Created by Ellen Weber, Brain Based Tasks for Growth Mindset
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