Thursday, August 25, 2011

Overcoming Defeat - The Best Revenge Is Success


Overcoming defeat is one of the toughest things we will ever have to do in life. I have been whipped out financially twice in my life and I believe there is only one option. Get up. Dust yourself off and get on with it. But it's not easy. The only revenge you should be looking for is to prove to yourself and the world that you have what it takes to be successful.
We have to deal with the embarrassment of the loss. We have to deal with the feelings of limiting beliefs that creep back into our lives. There are often financial implications that impact others. These affected people are usually family members. Times like these are when our self-esteem is at the lowest.
We can not sit back and blame others for our problem. Nothing can be gained by this. We created it and we need to take some ownership for our actions. Yes, we all have runs of back luck but we also put ourselves in the position to be at risk. Often we hear of the risk reward scenario. The bigger the risk, the bigger reward. The financially successful people in life are good at managing risk. They work hard at getting to a point where they only risk what they can afford to loose. We all know it does not start out that way.
So how can we get on with life and re-establish ourselves. How can we find a way we can move forward? The following tips worked for me are what I believe to be a good place to start.
  • Take ownership for what has happened. This will help bring closure and you will be able to focus on a new opportunity.
  • Take the time to understand why you failed to insure you do not make the same mistakes.
  • You will obviously need the help of others at a time of loss. Often these people will appear out of nowhere and offer to help. Accept this help. The fastest way out of the hole is with the help of others. I strongly suggest you do not look at this as charity. These people have come to help because they care about you. They feel and understand your grief.
  • Find a mentor and or a coach. They will help bring clarity. It's very possible they have gone through what you are going through too. They will help you see there is a life after a defeat in business or you have lost a job.
  • Have a long meaningful conversation with your spouse or partner. Make sure you listen. It's not always about you. They to are feeling your pain. They to have a stake in your future success.
I can tell you from experience that we are tougher than you think. I have been called a survivor many times. It's not a term that I find enduring. However, we must look at it as a complement to our personal metal. We have what it takes. There will always be obstacles in life. Having the ability to deal with them and move on is a key component in success. The other trait is persistence. Never give up. The best revenge after defeat is in fact, your future success.

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