The Construction Leading Edge Podcast
Business:Entrepreneurship
EPISODE 282: How do successful construction business owners get out of a slump? What do you personally do when things aren't going well?
Most of us would tend to focus on the negative things and just go into a downward spiral trend. In many cases, we start spouting off self-fulfilling prophecies, which eventually get worse as they happen.
So in this week's episode, I want to share how great entrepreneurs think about adversity and how they overcome it.
I talk about the Stockdale Paradox, how to get control of the story you’re telling yourself, what a mental hygiene exercise is, and some proven strategies for turning trials into triumphs.
Tune in now to learn more!
Key Takeaways:
What most of us would do when things don't go well? (01:12)
There are no good or bad things (03:59)
Separate observable facts from the story you're telling yourself (05:59)
Detach from what’s going on in your head (06:42)
Cultivate the habit of gratitude (07:45)
Control the controllables (08:52)
Reframe the situation (10:09)
The Stockdale Paradox explained (12:39)
Take extreme ownership of the situation (17:00)
The catastrophizing strategy (19:03)
How to do a mental hygiene exercise (20:53)
Episode wrap-up (23:13)
Additional Resources:
- Schedule a FREE breakthrough session now with our team HERE
- Learn how to get out of your business and make it run without you HERE
- Visit Construction Leading Edge for more HERE
Books Mentioned:
- Good to Great by Jim Collins
- Think and Grow Rich by Napoleon Hill
- The Obstacle is the Way by Ryan Holiday
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The Construction Leading Edge Podcast helps construction business owners maximize their revenue, eliminate chaos, systematize their work, and win back their time.
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Growing a $250M Business by Focusing on Preconstruction with Wes Palmisano | E309
From Chaos to Control: Four-Step Blueprint to Save 40 Hours a Month | E308
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How to Get Anyone to Do Anything with Instant Influence Principles | E304
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The Real Reasons Your Team Won’t Change | E301
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