City : Enterprise Road : Bouncing Back from Difficulties

Enterprise Road

How to bounce back...

When starting your own business you're likely to face quite a few complications, difficulties, and rejections which can set you back! 

When you face a set back the most important thing is to stay positive and keep going - if you're passionate about your business, don't let difficulties ruin it for you.

Below we've listed some advice to help you bounce back:

  • Firstly, Some Inspiration

    “To start to be successful again after a difficult period, for example after experiencing failure, loss of confidence, illness, or unhappiness” – Cambridge Dictionary definition of 'Bouncing Back'.

     

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    Lots of successful people have failed many times before being successful.

    Below we've listed some inspirational stories about a few successful people who have transformed their failures into successes...

     

    Colonel Sanders (KFC) went to over 1,000 places trying to sell his chicken recipe before he found a buyer interested in his 11 herbs and spices. Seven years later, at the age of 75, Colonel Sanders sold his fried chicken company for a finger-lickin' $15 million!

    Walt Disney was fired by a newspaper editor for lack of ideas. Disney also went bankrupt several times before he built Disneyland.

    Katy Perry has had 5 number 1s from the same album, BUT her first album only sold 100 copies and then the label went bust! She then went on to move to LA and kept trying - after changing her record label again she finally released an album which saw her shoot to success!

    Eminem is one of the most successful rappers of all time, BUT when he was a baby he was bullied, his father left the family, and his uncle committed suicide. His first album didn’t make any money and his wife left him and wouldn’t let him see his daughter.

    Charles Darwin gave up a medical career and wrote in his autobiography that his father thought he was "a very ordinary boy, rather below the common standard in intellect." He then went on to develop the theory of evolution and be one of the most famous scientists of all time!

    Lionel Messi is an incredibly successful footballer... BUT at the age of 11 he was diagnosed with a growth hormone deficiency. As a result he didn't grow as much as he could have done, and was told he would never make it as a footballer due to his height!

    Messi was signed up to Argentina’s top team, but they dropped him because they couldn’t afford his hospital bill. Barcelona saw Messi had talent and signed him and agreed to pay his medical bills - Messi had his limitations but he strived to overcome them.

  • Some Useful Thoughts

    A resilient/positive way to look at life means you tell yourself:

    • Failure proves that I am learning - it's okay to figure some things out as you go along,
    • Failure is just a moment that has passed,
    • This may be hard, but I am strong enough to get there in the end,
    • With practice and help I can do it better next time,
    • I am confident,
    • I am resiliant and can keep moving forward,
    • I am good at thinking clearly and cope well when things change,
    • I manage stress well and I can cope with pressure,
    • Things usually work out okay,
    • I can stay positive - negativity will never help me succeed it will just bring me down!

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    If you have problems with thinking positively and you cannot make yourself feel better then get some help and don't suffer alone – check out the Motivation, Health and Well-being building to find out more about picking yourself up again from negative feelings!

     

    'I've had a lot of worries in my life, most of which never happened.' – Mark Twain

  • Some Useful Actions

    To help you bounce back you can:

    • Write down what you've learnt and next to that, write down what you can do differently next time,
    • Get focused - let go of negative feelings, set an achievable goal, make an action plan and take action,
    • Get clear on WHY you’re working towards your goals - why are you passionate about your business? Why is this your dream?
    • Think about what you’ll reward yourself with when you achieve your goals – draw pictures of this and leave it somewhere you'll see it every day, 
    • Ask for Feedback, even if it's difficult to hear. In order to do better the next time, you need to know if there are areas you need to improve,
    • Learn to talk positively to yourself - We all talk to ourselves, but how you talk to yourself affects how you feel,
    • Plan, organise, and prepare - Preparation will make you feel more confident and you will know that you have done all you can to succeed,
    • Work to a routine to make sure that you're working effectively,
    • Think about how you can make progress rather than achieve perfection,
    • Say so what! to failure – Never give up: lot of people give up when they are so very close to success.,

    ‘A quitter never wins and a winner never quits.’ – Napoleon Hill 

  • Dealing with Failure

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    OK so failure happened and it feels rubbish, but so what? – That moment is gone! The most important thing is that you learnt something.

    Think about a small child learning to walk, when they take their first steps they fall down lots of times - but no one says ‘never mind – he is not a walker!’, they keep going, despite falling, and eventually get up on two feet.  Just because you may have taken a tumble doesn't mean it's time to give up!

    Don't dwell on what has failed - it will only end up making you feel upset or angry. Spend a little time thinking about what went wrong and then think about how best you can begin again with the new knowledge. 

    Failure is not permanent and it does not define you.

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    Here is a thought: There is no such thing as failure; only feedback.

    Don't think of a rejection as an end to an idea - think of it as feedback on that idea that helps you to figure out what changes could be made to make it work! The only person who failed is the person who never tried anything new.

    There are two primary choices in life: to accept conditions as they exist, or to accept the responsibility for changing them. Once you accept that things need to change you can work towards success again - it's all a learning curve!

  • Tackling Your Fears

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    Fear about taking risks can feel very real but it is often created by your imagination. When you fear the future you're worrying about 'what if X happens?'

    We also accumilate fears by dwelling on past mistakes. BUT the past is OVER the future has not happened yet, you don't know exactly what will happen this time round.

    What you can be sure of is that you have NOW - the fear is something you created in your mind to avoid taking action right now. Remeber that how you take action now is in your control and you can tackle your fears to succeed!

    Okay, okay, when it comes to starting your own project or business some of your fears may well come true, but always remember: your 'failures' are all part of learning and progression!


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    Look around you – at the people in your neighbourhood, on the bus or the train, or across the breakfast table – and realise you all have something in common. There isn’t a person alive who wasn’t picked last for a team,  hasn't been rejected for a date, didn’t get cast in the play, or didn't get every job they interviewed for. And although rejection is sometimes hard to live through, the lessons we learn from it can be invaluable and position us for future success. Try and enjoy the process!

    Successful people are great at overcoming fear in order to do what they need to do. Of course, that doesn't mean they aren't scared - but it does mean that they're brave. Being scared of stepping outside of your comfort zone isn't a weakness - is shows you are human, you are living, if you are not growing you're never going to progress!

    Bad stuff happens to everyone it is how you respond to the downs in life that matter. 

  • When You're Back on Track

    …make sure you make the best of your new start!

    • Delay gratification - do the difficult things you need to do first and reward yourself with some fun things only AFTER they're done,
    • Minimise distractions - in this digital age it is easy to get distracted with social media or games. Make a schedule and plan time for work as well as down-time,
    • Get focused - you can't be switched on all of the time, but you need to be focused when it matters. Make sure you're always present at meetings and have aren't distracted when it's time to get down to work,
    • Enjoy the process - make sure you are having some fun along the way and are passionate about WHY you are working towards your goal!

    'A real decision is measured by the fact that you've taken a new action. If there's no action, you haven't truly decided.' – Tony Robbins.

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