Building your business isn’t going to happen overnight, and it isn’t always going to be smooth sailing. It is vital that you recognize that things are going to be rocky sometimes, and to prepare for it. Being resilient and ready to bounce back can make going through tough times that much easier. You might not start off with as many clients as you’d like, or perhaps a business partnership didn’t work out. Maybe you aren’t meeting your financial projections at the moment. Whatever the case might be, you will never reach your goals if you give up or decide that you aren’t going to keep fighting. If you look at the most successful coaches in the industry, they all have the same story—they continually fought through adversity until they reached success. Without resilience, they wouldn’t have been able to reach the level that they are at today.
The Benefits of Being Resilient
When you are a resilient person, you can bounce back from failures faster. Oftentimes, people receive a negative outcome and they let that affect their next move. You see it all the time in sports, when a bad pass or a missed shot can lead to poor play later. The same can happen in business—a poor decision can affect someone’s mindset and lead to future poor decisions. A resilient person recognizes that there is no benefit in holding onto the past. Learn the lesson that you need to learn from the error, then move on. Resilient individuals bounce back from failures faster and find it easier to learn the necessary lessons from their errors.
Know That Things Aren’t Always Going To Go Smoothly
Be prepared for things to go wrong. Even if you are on the right path growing your business, not everything is going to go your way, especially early on. You have to be ready for adversity and have the right attitude in order to overcome it. Bouncing back can be hard, but you have to truly believe that you are going to succeed. That belief should be rooted in your experience and skill as a coach, your training, and your financial and business planning.
Over Time, You Can Become Better At Being Resilient
Maybe you aren’t a resilient person right now. That’s ok. As long as you recognize it, and you are prepared to improve and become better at bouncing back, that’s all that matters. You can become more resilient in the same way that you grow any other skill: by practice. When you have a disappointing event, practice learning the lesson quickly and then moving on from it. Practice not letting a mistake or business error affect your emotions, your outlook, or your decision making. You’ll find that over time, with practice, you become better at being resilient and improve your ability to move on from negative outcomes.
Regina Fasold is a seasoned Executive Coach and Leadership Expert. Her extensive professional background and her 10+ years of experience as a Global Executive Coach have allowed her to assist over 300 senior executives in corporations throughout the United States and in over 25 countries around the world.