In the current economy, many people are struggling. On the other hand, there are some people who are having their best year ever. It’s an interesting dichotomy.
What are some of the things you can do to comeback from a loss?
Let’s first consider a few examples of losses. You can lose a friend or family member. You can lose a job. You can lose a business. You can lose physical possessions. You can lose your health. There are many other examples. or the purposes of this post, let's focus on business losses.
So, what can you do about it?
1) Get into action
First, you need to get into action. It doesn’t really matter initially what you do. If you take massive action, you will create some results.
One of my mentors, Eric Lofholm, said, “Fear, panic and worry do not manifest money.” Instead, focus on revenue producing activities.
2) Get a plan
Yes, at some point, you need to step back, set some goals and decide upon the best possible actions. If you're not getting the results you want, you need to look for some better strategies.
3) Get a coach
I believe in the value of coaches. I have worked with many coaches in the past. When you work with a coach, they can help you identify what’s holding you back. And they can also hold you accountable to focus on taking action that will generate the results you want.
4) Get positive
A positive attitude goes a long way. I am an eternal optimist. And in most cases, that works a lot better than the alternative.
Here are a few strategies that can help to improve your attitude. Use positive affirmations. I recommend you write your affirmations on index cards and carry them around with you. Read them 2-3 times per day. Internalize it.
Another great idea is to get around other like-minded, success-oriented individuals. I am fortunate to be part of a Mastermind group that has met monthly for the last 2 years. I rely on their feedback and support. We have become good friends and help each other when we’re struggling. I recommend you find a mastermind group, or a networking group or just a few good friends you can talk to.
Plan for your comeback. Joel Osteen, Pastor of Lakewood Chuch, says, “Every setback is a set up for a comeback.”
When you face challenges, realize that the challenge was not meant to tear you down, but to build you up.
Now, get out there and take action!
I have a question for you: What have you found helpful in making a comeback from a loss? What tips, strategies and techniques have you used in the past? Post your comment below.