I recently learned about this term. While it sounds exotic, it really is a quite easy concept to grasp. It is a person’s ability to see themselves as in control of their world. In other words people with a high degree of Internal Locus will find themselves in a difficult situation or position but they don’t blame the world for their problems or situation, instead they are able to focus an internal drive to rise above the given situation. You see, in spite of any situation they don’t feel they were put upon, instead they feel they are IN control.
Entrepreneurs as a whole tend to have this quality, and subsequently, tend to be able to take the punches that are bound to occur in stride as they work their way through the ups and downs that is running a business.
Think about it? Do you tend to stay “down” for a long period of time after something not necessarily positive or in your favor occurs? Do you literally – “blame the world?” OR consequently when a “bad” thing happens do you think – I’ll show them, or I’ll fix this, etc? The ability to not only rise above a less than ideal situation is a good indicator of a ones overall ability to take control of their destiny. – Something certainly required by any business owner, OR provider of service.
Think of it this way – If you blame the world, then it’s the world’s fault, it may NOT be your fault but there’s also NOTHING YOU CAN DO ABOUT IT. Suck it up, take it on the chin, get back up and go back at it and well, there’s no fault, there’s no blame, there’s just a person who fixes the problem and moves on – ON to bigger and better things! Which one are YOU?