FBC – 427 – How not to crumble when everything goes to hell

How not to crumble when everything goes to hell.

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If you are going through tough times right now with the whole coronavirus and all then you need to hear this.

I went through amazingly challenging times yesterday when all hope seemed to be gone…

Somehow, however, I was able to find a way to come out on top by applying some very basic principles that I will explain in this episode.

This could. be vital information for many of you who are listening and are out of options (or believe you are)

Make sure to tune in to today's episode

—

Here is one of my favorite quotes:

“Success is nothing more than a few simple disciplines, practiced every day.”
-Jim Rohn

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Martin Ebongue

Online Entrepreneur & free spirit:

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Your Podcast Host

International Speaker | Podcaster | Free Spirit

Freedom Is A Choice: So choose wisely...

Welcome to the Freedom By Choice Podcast with your one and only hoste Martin. This podcast is reserved for freedom aficionados and entrepreneurs looking to create the lifestyle of their dreams.

In this podcast you will find all the support and answers you need to start, grow and scale a business that gives you the freedom you deserve.

I have compressed years of trials and errors, into easy to consume episodes, to take you from where you are now, to where you want to be.

So inevitably, you will have setbacks. Life is going to kick you in the face. It's going to kick you in the nuts and it's going to suck. Stuff will happen.

The belief that, you know what? All these people are in business over there. They're fine. Nothing happens. It's really not the case. Every day something breaks. You have to fix something. And sometimes it's actually the threatening the existence of your company. All right.

So I had no idea saw a few interviews of people like Mark Zuckerberg, for example, and he was saying, you have absolutely no idea how many times Facebook was on the brink of extinction, extinction.

Yesterday it sucked. It sucked really bad because you spend a lot of time working on something and then just like that, it takes just one thing and everything can go to hell. But its experience, you know, that's the thing.

One of the skills that you learn in entrepreneurship and in a lot of aspects in life is resilience. You build a thicker skin. If this had happened to me when I first got started, I'd say I would have been done.

So there are a few lessons here that I want you guys to understand.

So I've been working on this project, and it was working really well and it kind of sucked that everything was going to hell. In this case, I just looked at it objectively and I was like, OK, it sucks indeed. But two months ago, I didn't have this. I didn't know it existed and my life was fine. I was happy. It's not like I was miserable or anything.

At the end of the day, if it goes away it's not going to kill me, you know, it’s going to suck for a little while, but it's not going to kill me. So, you know, I, I have to, like, stop panicking and start looking at things rationally.

How not to crumble when everything goes to hell

I want you guys to, you know, when you're going through something like this, is to ask yourself, you know, how was life before I had this right? You know, how long ago was it? I was perfectly fine. So, you know, take it easy. All right.

So then once the all the emotions and stuff passed and I was able to talk myself into being a little bit more rational, then I was talking to my girlfriend explaining, OK, well, here's the situation and stuff. And this is when I realized another important lesson during this whole time, there are things that I have been able to figure out. I learned stuff right.

So if this falls, it sucks. But I have something that I've learned that I can reuse somewhere else. I did learn some really critical information and actionable information that I can take into another business unit or another type of business or something that would work on some strategy. Right.

But also, one thing that I was able to identify was an 80 20 rule. In the midst of this entire thing, I was able to look at it like objectively. This is very important, not everything is lost. What if I can save that 20 percent? How much of that can you actually salvage?

You have acquired experience. You have acquired some strategy and maybe you can salvage that 20 percent that actually makes you the 80 percent. If you can salvage that, then you're fine. And this is what I set out to do.

But I really want you guys to understand that this is the difference between the people who are who are going to stay in business or are going to make it and the people who are not. Your ability to kind of like face those hurdles and come out on top if you have the right attitude, OK, if something really bad happens, it's not everything that's lost.

And you'll do better next time. OK, so just by doing that, you stand a far better chance of succeeding in your business and indeed in life.