FBC – 250 – How To deal with major setbacks

How To deal with major setbacks.

Today, we are going to talk about what you should do when things go south. Knowing how to react and what to do during tough times is crucial to your success and this is something you should think about BEFORE disaster strikes.

I will tell you in this episode how I deal with it.

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I'm working on something really cool that I have been testing for a few months. And, you know, I had various setbacks and very often I told myself, you know what? It's not worth it. Let's just stop it. Okay? For three years I tested it and I got some results but nothing major.

And then during that time I was like, dude, it's not worth it. Let me focus on something else. Then I came back to it, started working on it. I had a breakthrough. Then everything changed. So I had to start from scratch, and then fix that again.

And this is one of the things I really want you guys to understand.  You might think that Martin, he made it and that's it, he doesn't have anything to do and stuff. Dude, it's really not true. Like, when everything's going well, something will break. And it's very often that things like this happen. You just need the mind-set.

The mind-set of dude stuff is going to break. And the only thing I need to do is to be resilient if something breaks. You have to adapt. You need to have the right expectations. So it's one thing that I really think is important. And it reminds me of a conversation that I'm having the girlfriend. We're working on something. She's going to start her own brand and everything.

And I was trying to help her by telling her, OK, so this is what you have to do. And she told me. Well, I needed some support from you. You're just scaring me off with all this because I said, well, it's going to be a lot of work. It sounds like a lot of work and it's going to be a lot of work. And she told me, well, you're scaring me. And I'm expecting some comfort and stuff from you.

And I'm like, oh, no, no, no. I think one of the worst things you can do when starting a business or starting anything is to have the wrong expectations. This is when people give up. This is when people are frustrated. This is when people get depressed and stuff because they’re expecting something which is never going to come. So, me, I like to be realistic, you know, because here's the thing.

Expect the worst and hope for the best, you know? Well, it’s one saying, right. Don't be pessimistic and stuff. And, you know, when you're going into a venture, it will take you 10 times more effort than you actually think. OK. So if you go with this mind-set, you're like, dude, this is going to take me that much. And if it takes you less, then you're happy.

So there is no way you're going to be disappointed. And even if it's hard, you know that you need to put more in because that's what's required. If you ask me, that's the right mentality to have, because it's very hard if you get disappointed or get discouraged.

How To deal with major setbacks

So if I told you, you know what? You start a business, that's it. You're set for life. You go on the beach. You enjoy stuff. And then afterwards, after a few weeks, something breaks. You start crying, saying, oh, man, you know, something could break. I wasn't prepared for it. And then you have to go and look for a job and stuff. Yeah that will be a problem. So I want to always be truthful to you guys.

And if something like this happens to me, I want you guys to know because it happens to all of us. A lot of other successful people won't tell you when things suck.

So when you're going to start a business, stuff will break. It's not a like a straight line. You get curveballs. You get everything thrown in your face. But that's the beauty of it now. It sucks when it happens. You know, when you have a problem like that, like a major problem, that's like business threatening.

It sucks. You're like, damn right. But once you fix it, then you're happy and you've learned something. So that next time is not going to happen to you. You know, you have experience and this whole learning process of having a problem and managing to fix it. Some people might not like it, but I mean, that's something I like. This is part of the growth as a person. OK. So, yeah, it sucks that I had this problem.

So what did I do? Now I am talking to support and then I contacted a dude who's the one who actually built my infrastructure to know if there is anything he can have a look at and stuff. So we’ll see what happens.

But just expect that stuff will break. You just have to be prepared for it. Mentally prepare for it and fix it as the problems arise. And that's pretty much it. That's all you have to do.