SO YOU THINK YOU’RE SMART, HUH?
As an entrepreneur (or even corporate slave), your emotional intelligence (EQ) is far more important than your technical intelligence (IQ).
As per a research study done by the Carnegie Institute of Technology, 85% of one’s financial success is attributable to skills in human engineering - one’s personality and ability to communicate, negotiate, and lead; whereas contribution of technical knowledge is only 15%. (Who the hell knows how they worked this out, but they did, and I’m inclined to agree).
Your technical abilities get you in the door with investors, partners and associates; but emotional intelligence helps you manage your relationships from that point onward.
For some, a great EQ comes naturally, but not everyone is gifted in the same ways. If you feel that your EQ is lacking, it is time for immediate change. Do some research on this topic, try to monitor yourself, and identify your problem areas.
Master the complexities of this unique and often understated form of intelligence, and watch yourself improve as an entrepreneur and all-round business person.