Being an entrepreneur means to be strong and resilient. In fact, many experts agree that if you don’t possess these qualities, you might be better suited working for another person than being the boss yourself. But how do you get up and try again after life or the business industry has knocked you up a few times? Here’s how to build resilience according to experts.
1. Learn How to Choose Your Expectations | Anne Grady
Psychologists say that most of our disappointment in life comes from this. Our feelings and emotions do not align with the expectations we created for ourselves. Therefore, this causes unhappiness, stress, self-doubt, trauma, and depression. It’s highly important to dream and have goals and plans, but make sure they are realistic.
The same goes for business, especially when you’re a startup. You must be aware of the fact that it’s difficult for new companies to take off from the ground. They don’t even turn a profit in the first two years. Therefore, be realistic and learn how to build resilience.
Anne Grady is the author of 52 Strategies for Life, Love and Work and a corporate leadership consultant. Find more of her on her Twitter page.
2. Turn Your Problems into Lessons | Mitch Rothschild
Mitch Rothschild is the Executive Chairman & Founder of Vitals and he has a powerful thing to teach us. He was inspired by something Mike Tyson once said. “Everybody has a plan, until they get punched in the mouth.” That’s when he realized that absolutely everyone has problems. He also came to the conclusion that you cannot simply sweep them under the rug. You have to deal with them.
Acting like the victim doesn’t work either. You’re a grown up and, what’s most important, the owner of your own business. No one’s going to solve your problems for you. Learn from your past problematic experiences and make sure never to repeat them again.
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3. Put Yourself in Uncomfortable Situations
“What had been the focus of my entire adult life was gone, and it was devastating. … I was a very public failure.” This is what Steve Jobs said back in 1997 when he returned after he was forced out of Apple in 1985, the company he had founded. It’s a quote that inspired Gib Mason.
The Chief Operating Officer at UMBC Training Center, Gib Mason, advises to put yourself in uncomfortable situations when you have the opportunity. Think of it as some sort of tough entrepreneurial love you have with yourself. When faced with such tasks, you will, undoubtedly, fail. But there’s something to be gained – confidence. Plus, you will know how to handle such a situation if it ever actually happens in real life.
From Martha Stewart to Steve Jobs to Robert Downey Jr., we are all fans of a fantastic comeback story. However, our three experts, Gib Mason, Mitch Rothschild, and Anne Grady advise you not to wait until your story needs a comeback. Learn how to build resilience early on, and you won’t need to go through that.