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
--
The Construction Leading Edge Podcast helps construction business owners maximize their revenue, eliminate chaos, systematize their work, and win back their time.
Follow us on your favorite podcasting platform so you never miss an episode!
The Art of Selling Art to Project Owners with Martha Weidmann | E200
#199: Trusting Your Processes & Preventing Warranty Claims with Matt Hobbs
#198: Create a Single Point of Truth to Reduce Injuries & Create a Culture of Accountability
#197: Quit Getting Screwed with Construction Attorney Karalynn Cromeens
#196: The Hidden Value Your Suppliers Can Offer with Ken Kucera
#195: Crisis Inoculation Plans and Building Resilience with Dr. Sally Spencer-Thomas
#194: Recruiting and Hiring Mistakes You Want to Avoid with Laura Tolhoek
#193: Expecting Nothing in Life & Powerful Transparency with Corina Burton
#192: The Law of Crappy People & The Peter Principle
#191: Failure, Specializing & Aggressive Growth with Eric Skott
#190: The Side Effects of Ending Free Estimates with Travis Gardner
#189: The Voices in Your Head
#188: Zero Punchlist Policy & Business Process Hacks with Jeff Sawyer
#187: How a Flood Turned Into Opportunity & "Builders and Brews" with Byron Brooks
#186: Action Cures Fear & Money is a Scorecard with David Procida
#185: Non-Traditional Cultures and Business Development with Anthony Amunategui
#184: How Contractors Actually Get Selected with Jean Brownhill
#183: Batching, Anchoring & Funnels to Eliminate Communication Chaos
#182: Always Be The Buyer & How To Grow Your Confidence with Steve Kreitzberg
#181: From Skilled Trades to Construction Business Owner with Adam Rushing
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
Organic Marketing Simplified: Effective podcasting strategy for growth and monetization
THE GO BIZ GUY
The Sigma Femme Podcast
The Prof G Pod with Scott Galloway
The Tim Ferriss Show