“Everyone experiences tough times; it is a measure of your determination and dedication how you deal with them and how you can come through them.” –Lakshmi Mittal
As a business owner you have good days and you have bad days, perhaps even very bad days. Being in control of your own business isn’t for the feint of heart. Probably more than anything else, to succeed in business you’re going to need to be resilient. Resilience is a broad term that refers to mental toughness. It indicates that a person is flexible, tough, thinks ahead, and works thoroughly and efficiently.
But sometimes there are some negative thinking patterns that can begin to erode your resiliency. How can you eliminate negative thinking that might be holding you back?
Let’s consider 6 things that resilient business owners don’t do:
- Feel sorry for themselves. Problems small to large are inevitable, but feeling sorry for yourself is a choice. Self-pity wastes valuable time and mental energy. It also keeps your focus on the problem instead of creative solutions. A good way to stop feeling sorry for yourself is to cultivate a grateful attitude, perhaps by writing down things in your life that are positive.
- Succumb to fear of change. Change is a part of life. Nothing stays the same. For some people, adjusting to change comes easily. For others, change causes an inordinate amount of stress. Whatever natural reaction you have to the idea of change, a resilient business leader will not shy away from change or let fear hold them back. Your success, both in life and business, depends on your ability, and willingness, to adapt.
Dwell on the past. Learning from past mistakes with a goal to not repeating them is a good thing. Dwelling on them is harmful. You can get stuck in a cycle of second-guessing your choices or wishing that the present was just like the past. Neither of these things are productive. To grow and progress you have to make peace with the past and work through any negative emotions that could be holding you back.
Worry about things they can’t control. Complaining and worrying about things you have little or no control over will not help you. It will only serve to distract you and take energy away from working on the things you can control. Other people’s choices, business decisions, and opinions are outside of your control, so don’t waste precious time worrying about them. Accept the situation, and move forward.
- Resent the success of other people. Have you ever felt a little twinge of jealousy when you see someone with something you don’t have? Maybe another business owner received an award or recognition for their work. A resilient leader doesn’t get distracted by jealousy. Resentment takes away your focus from your own work and impedes your efforts to reach your goals. Instead, recognize that the success of another person in no way takes away from your success. Be happy for them, and keep working toward your own definition of success.
Give up. There are some people who can’t handle failure in any form. Their self-esteem is completely wrapped up in their “success”, aka “lack of failure.” But real success comes, not from doing everything perfectly the first time, but from trying, failing, getting back up, and trying again. If you feel like you have failed, try again. Focus on improving your skills, and mastering your craft.