How Ultra-Successful Entrepreneurs Turn Failure Into Success (and you can too)

How Ultra-Successful Entrepreneurs Turn Failure Into Success (and you can too)

If you’re having an off day, living through a disaster, or facing something in between, take comfort in the fact that some of the greatest have had it worse, and then bounced back to become more even more successful. Learning from your own setbacks is extremely important, but there are powerful lessons to be learned when you examine what worked (or didn’t work) for other entrepreneurs. Without further ado, here are some of the best and the brightest, the setbacks they encountered, and the methods they used to turn lemons into entrepreneurial lemonade. Michael Bloomberg Michael Bloomberg is a business magnate, three-time mayor of New York City and a highly successful entrepreneur, but it wasn’t always that way. In his younger days, he suffered a huge setback when he was laid off from Salomon Brothers. Instead of letting the layoff get the best of him, Bloomberg said, “In business, when you fail at something, when something doesn’t work, you say okay, we’ve learned that that’s not a path to go down.” He turned the Salomon Brothers “failure” into a business success lesson. He used all of the financial knowledge from that job to start Market Master, which eventually became Bloomberg LP. Bloomberg became the seventh richest man in the world as a result. You can follow a similar path. Did a project go wrong? Learn from those mistakes to make your next project a great one. Fired from your job? Use the experience to get a better one. No matter what setback you suffer, it’s not a failure if you learn something from it. JK Rowling Before becoming richer...
How to Replace Your Self-Doubt With Unshakable Confidence

How to Replace Your Self-Doubt With Unshakable Confidence

We’ve all had those paralyzing moments where our palms are sweating more than a marathon runner and our heart is hammering at a million times a minute. You’ve also probably bitten the bullet and pushed those feelings down just enough to get through a presentation or take on a terrifying new venture… only to have them pop up again next time. But what if you could tell that nagging voice in your head — the one that says “you can’t do it” or instills fear in your heart — to just shut up, right now?What if you could harness that relieved feeling after doing a presentationbefore you got on stage? Look no further than Harvard Psychology Professor and TED Talk star Amy Cuddy. She extensively studied why certain people are able to take more risks and have the confident demeanor that landed them more business deals and job offers. She found that everything from their body language to simple daily thoughts allowed them to rapidly evaporate fear in the moment and replace it with belief in their fantastic abilities. Her TED talk (which has been viewed over 30 million times) and book“Presence: Bringing Your Boldest Self to Your Biggest Challenges,” offeractionable and surprisingly easy steps to trick your brain to conquer your fears. Check out her advice on how to reprogram your brain to ditch fear and replace it with positivity and confidence: “Don’t fake it till you make it. Fake it till you become.” ― Amy Cuddy Early in her college career, Cuddy suffered a severe head injury in a car accident, and doctors said she would struggle to fully regain her...
5 Things You Need to Give Up to Be Happy

5 Things You Need to Give Up to Be Happy

Many of us put the pedal to the metal when it comes to seeking happiness. We seek new things and experiences to develop a positive outlook, thinking it will come “someday” – once we get that “must have” purse or land that new job. It seems counterintuitive, but your happiness is just as dependent on giving up things. Our routines are so ingrained that we fail to notice the negative parts that we can already shed. Instead of waiting, you can harness happiness and a winning attitude by giving up the negative aspects of your routine now. Take a look at these things you need to give up, and see how they impact your day-to-day attitude: Give up FOMO If you think being a successful entrepreneur means saying “yes” to every opportunity, you’re doing it wrong. The best entrepreneurs take smart, calculated risks instead of embracing every opportunity that presents itself. If the idea of passing up on these opportunities fills you with FOMO (fear of missing out), just take a tip from Sir Richard Branson. “Business opportunities are like buses,” he once said. “There’s always another one coming.” Rather than dwelling on the opportunities that pass you by, realize that there’s another one right down the road. Give up comparison “Comparison is the thief of joy,” Theodore Roosevelt once said, and he made a great point about being happy. Feeling competition from others is never beneficial. Hopefully, you’re already trying your hardest, and negative thoughts will never help you perform better. Stop waiting for praise from others I’m sorry to be the one to break this to you, but nobody will take the...
Unlock The Surprising Key to Mental Strength

Unlock The Surprising Key to Mental Strength

Often, when we want to be mentally tough, we adopt a “tough it out” approach. That is we try to endure through hard-hitting times, and emerge as a stronger person as a result. That’s all well and good, but new scientific research has revealed that recharging is just as, if not more important, for mental strength. As Shawn Achor put it in Harvard Business Review, “Resilience is how you recharge, not how you endure.” So as a busy, productive person, how can you recharge daily? If you can’t move to a tropical beach, there are still ways to avoid burnout and unlock mental strength in your normal routine: Actually leave the office How often do you actually leave the office? We’re going to bet that while you probably physically exit you workplace daily, you don’t check out mentally nearly as much. It doesn’t matter if you’re in your bed or in a cubicle; if your mind is still focused on work, you’re not truly recharging. That’s why the experts recommend making a conscious effort to focus your mind on recharging outside of the workplace. Science calls this “external recovery.” It involves making a conscious effort to do something mentally relaxing outside of your work zone. This doesn’t mean you have to schedule in time for mindless TV – it can involve anything from an educational podcast to reading a great book. Unplug Although your iPhone might seem like part of your body at this point, unplugging digitally is another key to mental strength. Not only does being on your phone constantly deplete your precious mental resources, HBR recommends using the technology...
6 Ways to Make Your Job Feel Inspiring and Fresh Again

6 Ways to Make Your Job Feel Inspiring and Fresh Again

Sometimes, it’s easy to get dragged down in your responsibilities and the daily repetition at work. It’s times like these where you might feel that passionate flame dwindling, and stop getting those “aha” moments of inspiration. If you ever find yourself feeling in a rut at work, you need an inspiration intervention! Because who has the time to wait for inspiration to strike again? Getting inspired and finding passion in your career is within your grasp and easily accessible; it just takes a little elbow grease sometimes. Here’s how some super-successful people find a daily dose of inspiration to help them stay on track, and you can too: Create a New Project Is there something you’ve been doing the same way forever because, “that’s the way it’s done around here?” The good news is you don’t have to wait for a new project to fall into your lap to make your job exciting. There’s limitless opportunities to improve what’s already there; so get your thinking cap on and get inspired. Once you have an idea, pitch it to your manager and ask to spearhead the project. You’ll enjoy the challenge of developing and executing something new – and who knows what skills and inspiration you’ll uncover? Take on Additional Responsibilities Not looking to reinvent the wheel? If you don’t have the resources to plan your own project, lend a hand on an existing initiative or add a new responsibility to your wheelhouse. If you want more work to mix things up, but aren’t sure how to manage it with your schedule, try finding an extra hour a day for...
How to Create a Brand New Chapter in Your Life–Starting Today

How to Create a Brand New Chapter in Your Life–Starting Today

When you fall into the same routine, creating sweeping, gargantuan change in your life seems like a pipe dream. The good news, however, is that instead of sticking to the same old habits; you can create a brand new chapter in your life, starting today. There are proven techniques to supercharge your path to success, and plenty of entrepreneurs and successful people have done it before. Here are a few ways to push the “reset” button and create that life you wanted. Start using these habits and you’ll see that anything really is possible: Practice being your future self According to Peter Bregman, CEO and leadership expert, in Harvard Business Review, “You need to spend time on the future even when there are more important things to do in the present and even when there is no immediate apparent return to your efforts.” Quite simply, if you want to become an ideal version of yourself, you need to practice being it. Think of your life in terms of playing the piano; you don’t wake up one day playing in Carnegie Hall–you get there with consistent practice. Despite all the responsibilities and daily details, you need to make this a non-negotiable habit. Spend just a few hours a week practicing your future life, and you’ll be amazed at how quick it becomes a reality. Destroy your comfort zone Your comfort zone has the word “comfort” in it for a reason—we’re naturally hardwired to avoid danger and discomfort in our lives. However, even leaving the couch has some inherent danger to it. As CEO of IBM Ginny Rommety once said, “growth and...