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5 Steps To Turn A Setback Into A Comeback

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how to turn a setback into a comeback

Whether you are starting a business or pursuing a better lifestyle, setback is inevitable during your journey to greatness. Successful entrepreneurs may not be able to tell you if they have ever had (or ever will have) an “I made it” moment, but every one of them can tell you a dozen different setback experiences.  

When facing the challenge of a setback, the most common advice you will hear is, “pick yourself up from where you’ve fallen.”But, here’s a question: If you run into the same situation next time, will you fall again?

Is picking yourself up enough?Most of the advice you hear will tell you, “Just keep on trying and don’t give up…” Yes, it is true that in some cases you just need to have faith in yourself and keep on trying. But within these words are an assumption. The assumption that you will only need to face the setback once in your lifetime.

If you were to pick yourself up this time, you would never get rejected by potential customers, you would never lose your job, and you would never land a bad work position, never ever again. But what if that’s not true?  You will face similar challenges again. You will run into equivalent setbacks again.

Will you allow yourself to fall (again) into the same setback, while going through the process (again) of picking yourself up?

It’s time for you to learn from your setbacks, and then turn every setback into a triumph.

Below are 5 Steps to Turn Setback into Triumph:

1. Start by taking measurements throughout your process

Before you can start learning from your setback, you need to start taking measurements throughout the process to understand why and how the setback occurred. Once you have the measured-data of the process, instead of by instinct, you can uncover the reason-why to the setback by a systematized, scientific way.

A goal without a measurement is just a dream. Without measurements, there’s nothing you can do but wake up and face the cold, hard reality.

Each time you start a new project, regardless of whether it is business or personal, start by identifying a measurable KPI that can track your progress. Each time you are challenged by a setback, document your KPI measurement on a line chart. Look at when everything started to go terribly wrong, and identify exactly what you did that initiated the setback.

“Life is a series of experiences, each one of which makes us bigger, even though sometimes it is hard to realize this. For the world was built to develop character, and we must learn that the setbacks and grieves which we endure help us in our marching onward.” – Henry Ford

2. Evaluate the skills and experiences you’ve acquired during the process

So you have run into a setback. It could be a catastrophic failure of the whole project. But looking back, your efforts are never wasted.

Every post you read taught you a new concept, every course you invested in allowed you to acquire a new set of skills, every dollar you spent transform into your experience, and every person you talked to initiated a new useful relationship.

After every setback, review and list all the different types of knowledge you acquired during the process.

  • Acquired skills — This is the how-to knowledge you acquired during the process.
  • Uncovered abilities — These are the innate talents or gifts you have uncovered through each attempt.
  • Real life experiences — This is the accumulated wisdom from investing time and money applying your skills and abilities.
  • Useful relationships — These are the relationships you’ve built with influencers and people who have valuable resources.

Each setback is an opportunity to discover your abilities and acquire new knowledge.

 

3. Identify what you need to learn now to ensure future success

So you know why and how you failed based on the measurements. You know what you’ve learned during the process by listing all your acquired knowledge.  It’s time to prepare yourself to succeed the next time you are faced with the same situation.

To increase your odds of succeeding next time around, you need to improve on the other knowledge you are lacking.

Picking yourself up is more than just trying again. It means that you need to have a deeper understanding of what to do different next time. Learning the knowledge you don’t have. Acquiring the skills that you need. Building the relationship that will enhance your chances of success. Every setback is a chance to identify what else you need to learn.

 

4. Make the setback part of your story and be proud of it

Take a look at some of the most popular blog posts. Study the presentation of the most effective webinar. Almost all content that goes viral involves a story related to a particular setback (failure, big mistake, or near death experience).

And where does the best story start? The best stories often begin with failure.

You’ve already “invested” in the story. Use it well to resonate with others who are also experiencing the same setback.

“We are, as a species, addicted to stories. Even when the body goes to sleep, the mind stays up all night, telling itself stories.” – Jonathan Gottschall

5. Create a cross-out list of what doesn’t work

Thomas Edison is the most successful story for running into 1,000 setbacks.

Since setbacks are inevitable during the process, stop defining setback as a failure. Instead, define a setback as the success of finding out one more method that doesn’t work. Each setback is now a small triumph for you.

Only working during days you feel like working.

Working every single day without taking a break.

Working all by yourself in a locked up room.

Working with a mentor on a consistent 2-hour schedule.  

If you understand that setbacks are inevitable during your journey to greatness, you know that you don’t need to be afraid of facing your next setback. Stop looking at setbacks as failures or mistakes. Start identifying the triumph behind each and every setback you encounter. The difference between a successful and unfortunate individual is the attitude they maintain during a setback and how they turn it into his or her advantage — into a total triumph.

How are you going to turn your setback into a triumph? Please leave your thoughts in the comment section below!

Image courtesy of Twenty20.com

Wuyen Hsu is the founder of Everyday Venture blog. If you’d like to learn more about what it really takes to start a side business, build your personal brand, and enjoy an amazing lifestyle, subscribe today for my 7-day Side Business Bootstrap challenge to launch your side business .

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In just a few weeks, we will be wrapping up 2023. Can you believe it? This year has been absolutely incredible for me.

I have seen amazing doors opened, new relationships formed and I am seeing dreams realized in my life. While this seems like the hallmarks of a great year, this has also been the most challenging year of my life. With all of the change happening in my life, I have been forced out of my comfort zone and challenged to grow in every area of my life.

I can truly say that I have made the most of my moments this year and I have used everything as a catalyst for maximizing my greatest potential.

As a revolutionary leader, I have the pleasure of consulting and advising leaders around the world to fulfill purpose, realize their greatest potential and make an impact.

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Everything legal must come through the matrix

I am sure that some of you are wondering why I am using the term matrix. However, what you have to understand is that I am trying to make a highly complex spiritual principle practical to understand.

Regardless of your spiritual beliefs, every life has an origin and I believe that origin is divine and begins with eternity. You are birthed from eternity and into time to fulfill a unique purpose and assignment in your lifetime and generation.

The matrix is simply the portal or vehicle that brings something out of the invisible realm and into tangible form. The problem with much of the teaching today is that it excludes the matrix. We are told to believe that success is instantaneous and overnight.

Nobody talks about how a dream progresses through stages beginning with visualization and ultimately culminating in manifestation. Without a matrix or portal then everything that you attempt to birth and build will be illegal.

The matrix not only makes you legal but it gives you the authority and power to function as the greatest expression of who you were created to be. 

Every matrix has an incubation process

While many people admire and respect me today, I remember a time when nobody knew who I was or the significance of my message. How did I get to where I am today? I got here through an incubation process.

In other words, everything that has been destined for your life is incubating and awaiting a set time of manifestation. The problem is that most people live their entire lives idle and never initiate the incubation process.

What do I meany by that? Most people are living reckless and very few people are living intentionally. I am amazed at the number of people I have conversations with that have no vision, goals or strategies for their lives. They show great promise and they have undeniable potential.

However, without development they will die with their dreams still in them.

Everything that has been destined for your life must be incubated and converted to become realities born to time. 

“Visualize this thing that you want, see it, feel it, believe in it. Make your mental blueprint and begin to build.” – Robert Collier

You must give expression to that which is not yet born to time

When you think about a matrix or a prophetic incubation process, you have to understand that potential is often unrealized and untapped. In other words, your potential is in raw form and your potential cannot serve you as long as it is untapped.

The thing that makes me valuable is that I have the ability to convert potential into power. I have done it in my own life and I have empowered leaders around the world to do the same. How do you convert potential into power?

First, it is important to note that you have to perceive potential. If you cannot perceive your potential then you can never cultivate your potential. In addition, you must take the time to cultivate your potential. We often get excited about our capabilities; however, we never expand our capacity in order to realize our greatest potential.

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For example, the expression of my potential is best demonstrated through the thoughts, ideas, products, services, books, etc.

For another person the expression of potential may look like a screenplay, artwork, sports, scientific discoveries, medical breakthroughs, etc.

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You must manifest your greatness

As a revolutionary thinker and leader, my work has impacted people around the world. I am grateful that my life is a source of empowerment to so many people. However, before anyone could ever benefit from my life, I had to make a non-negotiable decision to become who I was born to be.

I wish I could tell you that this journey is easy and that you will get there overnight. However, in a world that celebrates us for doing we are often criticized for being. As a result, I wasted a lot of time trying to be who other people wanted me to be instead of being who I was born to be.

There is no greatness without becoming and there is no becoming with authenticity. It is through our bravery to be vulnerable that we ultimately manifest our greatness. We do not bless the world by being a duplicate. We bless the world when we honor our difference. When you honor your difference you honor your potential.

Ultimately, your difference is how you manifest your greatness.

When you present anything but your authentic self to the world, you are playing small and you are robbing the world of your significance. Manifesting your greatness requires you to master your gifts.

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