Episode description
"Things started out well, but almost immediately went off the rails." "We ran into an unforeseen problem that's going to add nearly 6 months to our timeline.." Now what?
Isn't this just how life works? You have a plan, and it almost immediately goes off the rails, into the weeds, and you have to pivot, regroup, and figure out what to do to achieve the desired results.
HOW DOES ONE DO THAT? is the burning question, and in this episode, Jennifer Glass, Daniel McCraine, and Patricia Reszetylo discuss just how to do that. It could be a new government edict, uncooperative weather, or any of a vast number of other issues - things change all the time, and it's often something you couldn't have imagined.
As it turns out, this is what entrepreneurs thrive on. Here is the framework we came up with:
[00:01:21] Entrepreneurship requires resilience and adaptability.
[00:05:08] Acknowledge, reframe, change, decide, cut losses.
[00:07:36] Creativity thrives in chaos, private out let is essential.
[00:11:50] Entrepreneurs turn challenges into opportunities, stay positive.
[00:15:14] Realistic mindset is crucial for success.
[00:19:08] Identify goals and motivations for success.
How do YOU manage when adversity strikes? Here are some questions for you to answer for yourself:
1. Have you ever experienced a day where everything seemed to go wrong? How did you deal with it?
2. How do you usually realize when something isn't going your way?
3. What strategies do you use to stay focused and positive when faced with challenges?
4. How do you determine if it's time to pivot or cut your losses in a project?
5. Have you ever had to change your trajectory to achieve your goals? How did you do it?
6. How do you handle frustration and anger when things go off the rails?
7. Can you share a time when frustration and anger helped you find a solution to a problem?
8. What steps do you take to regain control and find alternatives when working with someone else?
9. How important is it to have backup plans or alternative strategies in your business?
10. What techniques do you use to vent your frustrations and keep a positive mindset in challenging situations?
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