Recover yourself from failing in business, here’s how

All the entrepreneurs we hear about have a few things in common: they are smart, ambitious, and highly motivated. But most of them are also very stressed.

From the outside they may look very powerful and balanced, but in reality they worry all the time if they will be able to face the challenges that come in a successful career.

If you are a very productive person, maybe you feel the same way. In fact, statistics show that work pressure is the leading cause of chronic stress for American adults. Having confidence in your ability to overcome challenges is the essential thing you need to succeed in today’s business world.

The good news is that this kind of mindset can be cultivated with practice.

The power of explanation

Each of us has an explanation style – a way of explaining why good or bad things happen. The study of psychologist Martin Seligman shows that people usually fall into two categories:

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Entrepreneurs with a pessimistic style of explanation tend to blame themselves when things do not go well and see negative events as permanent and very influential.
Those with an optimistic style of explanation see challenges and failures as temporary and solvable. Because they have faced challenges before, they have the confidence that they can overcome anything. They see them as opportunities to grow and learn.
Sharpening psychological resilience can be a very valuable asset. Those who have a positive explanation style are more successful. Pessimists can spend up to 40% on business and sales, and are less likely to get physically and mentally ill.

Tips to sharpen sustainability

As the study shows, your explanatory style can have a huge impact on your health, your happiness, your productivity and your results in life.

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It is possible to change your style of explanation and react to challenging situations in a way that is much more constructive.

Pay attention to your beliefs. Does your internal dialogue sound like that? “Things always go wrong,” he said. I am a total failure. My business never succeeds. ” These are examples of cognitive distortions, and although they occur to many people, they can make you feel powerless. In other words, your explanatory style not only influences how you feel about things but also the actions you take.

If you want to change your explanatory style, start by changing the way you talk about yourself in stressful experiences. Remove catastrophic language as “always” or “never” from your dictionary. When you find yourself thinking things like, “I can’t do this,” consider saying to yourself, “I don’t know how to do this yet – but I think I can learn how to do it.”

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Exercise the resistance muscle. When faced with a challenge, such as losing an important client, practice looking through the lens of an optimistic explanatory style.

Look at all the evidence to show that the situation you have before is just temporary, and external. For example, consider the reason you lost that customer is the change in their income.

If you accuse yourself of not doing any work, find examples of a time where you worked hard and saw a result. The way you deal with stressful events has a huge impact on your efficiency as an entrepreneur.

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