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No business owner has ever lasted for long without some really bad days. Life is full of disappointments and stress factors. Just expect that they are part of the process and learn to cope.
While at “Date with Destiny” with Tony Robbins – he talked about a criteria for being successful financially – was the ability to cope with financial stress. He discussed that for his business that he had to come up with a little over a million dollars in the next week – and, wasn't quite sure where it was going to come from.
In the normal course of running your business you can decide to stay small and grow slowly if at all – or you can take increasingly bigger risks and had larger and larger financial commitments and decisions.
An important skill to learn – is to cope with stress. The stress that comes with financial stress and with the day to day disappointments that can come with running your business.
The best way to cope with these stressors – is to learn to step back and view your situation objectively. Learn to emotionally – and physically – step outside of your situation and look at what's really going on around you. In the midst of real or perceived crisis if you stay in a subjective and emotional state – surrounded by the problem – or problems then often your reaction will be panic possibly eventually even numbness and inactivity.
The way out of a crisis is to follow the following steps:
Step out of the situation – mentally and physically.
2. Look at what's happening to you as objectively as possible – as if it is happening to someone else and not to you.
3. Think about what advise you would give to someone else if they were in this situation.
FOCUS on where you want to be – NOT where you are. Ie. Focus on our desired outcome – not on your current problem.
Ask effective questions:
If I were to accomplish________ how would I do it NOT- Why is this happening to me.
In order to solve ---------------- what would I do next?
Ask yourself – what's the worst that could happen? And, could I live with that? Even the worst is rarely as bad as your emotionally reaction makes it seem.
TAKE ACTION!. Fear tends to immobilize. If you aggressively take action to move things back in the direction that you want them to take – you will become more confident, motivated, and successful.
Remember This:
Even if you do not know what to do next – DO SOMETHING – the act of taking bold and aggressive action – will mold your emotional state to be more resourceful and more effective.
You can learn to create pro-active and resourceful emotional states. That's a very valuable skill in the operation of your business.
Also remember – in business few things are life and death. A short-term financial failure may mean that someone doesn't get paid when they want to – that will rarely kill you – or them, especially if you address problems as they happen and don't ignore them. Longer term financial gaps – also are rarely truly catastrophic. Keep in mind that your physical and mental health – and, that of your family is really important. Your financial results don't compare with truly life threatening illness or other really catastrophic concerns.
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