5 Mindset Hacks For Resilience To Overcome Any Setback In Your Business with Stephen Lock
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Timestamps:
[06:12] Overcoming Fear and Embracing Change
[15:16] The Power of Community
[23:02] The Importance of Breathwork
[35:22] The Experimentation Mindset in Business
5 Mindset Hacks For Resilience To Overcome Any Setback In Your Business with Stephen Lock
Entrepreneurship is a rollercoaster. One minute, you're riding high on a wave of success, and the next, you're facing a challenge that threatens to derail your entire business. How do you stay strong, keep your chin up, and navigate the inevitable setbacks that come with building a business? That's precisely what the brilliant Stephen Lock shares on episode 98 of the Master Your Business Podcast.
Stephen, a seasoned executive coach and all-round business ninja, shares his wisdom on cultivating resilience. He reveals five powerful mindset hacks that will equip you to face any obstacle head-on and emerge stronger on the other side. So, if you're ready to fortify your entrepreneurial spirit and turn challenges into triumphs, read on!
The Illusion of Control
Stephen kicks off our conversation with a powerful truth bomb: you can't predict the future. We often get caught up in the illusion of control, believing we can meticulously plan every step of our business journey. But the reality is, life throws curveballs. The key to resilience is to accept this unpredictability and embrace the unknown. As Stephen puts it, "We always fool ourselves into thinking we know how things are going to turn out."
Instead of resisting change, learn to flow with it. View every challenge as an experiment, an opportunity to learn and grow. This mindset shift can help reduce stress levels and open you up to unexpected possibilities.
Find Your Tribe
When you're facing a setback, it's easy to feel isolated and alone. That's why Stephen emphasises the importance of finding your tribe - a supportive community of like-minded entrepreneurs who understand the unique challenges you face. Whether it's a mastermind group, a local networking event, or an online forum, connecting with others on a similar journey can provide invaluable support, encouragement, and inspiration.
Whatever you’re facing, it’s a safe bet that you're not alone in this entrepreneurial adventure. Find your people and lean on them when the going gets tough.
Prioritise Your Mental Well-Being
Building a business is a marathon, not a sprint. And just like any athlete, you need to take care of your body and mind to perform at your best. Stephen encourages us to prioritise our mental well-being by incorporating daily practices that nourish our souls. It could be journaling, meditation, spending time in nature, or anything else that brings you joy and helps you recharge.
As Stephen wisely reminds us, "Even if it's a few minutes, you're investing in yourself and saying to yourself, 'My well-being and my mental health matter.'"
Challenge Negative Thoughts
Our brains are wired to focus on the negative, but we have the power to change that narrative. Stephen shares a simple yet profound technique for challenging negative thoughts: "What if it goes right?"
Instead of dwelling on worst-case scenarios, focus on the positive possibilities. This shift in perspective can instantly boost your confidence and open you up to new opportunities. Because, at the end of the day, your thoughts create your reality.
See Setbacks as Experiments
In the world of entrepreneurship, failure is inevitable. But as Stephen points out, "We only actually learn when our thing hits the market." Instead of fearing failure, view setbacks as experiments that provide valuable data and insights.
Embrace the learning process, iterate on your ideas, and keep moving forward. Stephen shared a valuable reminder: "While I'm learning, I'm growing, and I'm getting better."
Conclusion
Building a resilient mindset is essential for staying sane during the turbulent ups and downs of entrepreneurship. By embracing the unknown, finding your tribe, prioritising your mental health, challenging negative thoughts, and viewing setbacks as experiments, you'll develop the strength and flexibility to overcome any obstacle that comes your way.
As Stephen says, "Keep putting one foot in front of the other and just keep going."
Want to get more of Stephen's wisdom and discover even more strategies for building a resilient mindset? Tune in to the full episode of the Master Your Business Podcast featuring Stephen Lock.
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Visit Stephen Lock's website at https://stephenlockcoaching.com/ to learn more about his work and how he can support you on your journey. And connect with him here on LinkedIn.
