The Best Way to Handle Losing

Summary

• In gymnastics, coaches teach us to get right back on the pommel horse after falling; it's crucial to avoid developing fears.
• If you get thrown off by the entrepreneurial journey, it's normal, but you must keep pushing forward.
• The true measure of success isn't in how hard you can hit, but in how well you can take a hit and continue moving forward.
• Understand that setbacks are a part of everyone's experience, even in business; every entrepreneur takes losses at some point.

Video

How To Take Action

A good way of doing things when you fall is to jump right back in. Like in gymnastics, when you fall, you have to get up and try again right away. So if you're running a business or just want to get better at something, and things don't go well, don't be scared. Just start again.

Remember, it's not about being the best right away. It's more important to keep trying, even when things go wrong. Everyone makes mistakes or has bad days. It happens to all of us, even the top business people. The key thing is to not let it stop you.

When a problem comes up, here's what you can do:

• Take a short break, like a few minutes, to breathe and think.
• Then, tell yourself it's normal to have setbacks, and it's okay.
• Next, think about what went wrong and see if you can learn something from it.
• After that, make a small plan on how to move forward. It doesn't have to be big; just something to get you going again.
• Last, go do it! Get back to your work with what you've learned.

If you keep doing this every time things don't go as planned, you'll find that you get stronger and better at handling problems. And that's how you win the big game in business and in life. Just keep moving forward, no matter what happens.

Quotes by Alex Hormozi

"In gymnastics as soon as you fall off the pommel horse even if you twist or break your ankle they try and get you right back on the horse again"

– Alex Hormozi

"If you don't and you take enough time off you start developing these fears around getting back on you never get on again"

– Alex Hormozi

"You got bucked by the entrepreneurial horse and that's okay"

– Alex Hormozi

"It's part of the game"

– Alex Hormozi

"It's not about how hard you can hit but it's about how hard you can get hit and keep going forward"

– Alex Hormozi

Full Transcript

in gymnastics as soon as you fall off the pommel horse even if you twist or break your ankle they try and get you right back on the horse again and they do that because if you don't and you take enough time off you start developing these fears around getting back on you never get on again you got bucked by the entrepreneurial horse and that's okay it's part of the game it's not about how hard you can hit it but it's about hard you can get hit and keep going forward everybody gets hit everyone loses