Mastering Resilience and Calculated Risk to Transform Your Life | Mark Pentecost EP 936

0:00I have a brand new book called Make Money Easy. and if you're looking to create more financial freedom in your life, you want abundance in your life and you want to stop making money hard in your life, but you wanna make it easier, you wanna make it flow, you wanna feel abundant, then make sure to go to makemoneyeasybook.com right now and get yourself a copy. I really think this is gonna help you transform your relationship with money this moment moving forward. We have some big guests and content coming up. Make sure you're following and stay tuned to this episode of The Daily Motivation Show.

0:38Hi, my name is Lewis Howes and welcome to The Daily Motivation Show.

0:49If you divide how many times you get knocked down by how many times you get up, as long as it's greater than one, you're good. Yes. If it's zero, you're out of the game. So for me, there's good risk and bad risk, calculated. But I told you a few months ago, you know, the worst risk in the world is taking no risk at all, 100%. Wow. What was the biggest risk that you took that you feel was actually, you knew it was the wrong action to take, but you said, well, I'm just winning anyways. I'm going to do it. It's going to work out. But you're like, ah, I didn't trust my gut or I didn't trust my team or I tried to go against what I knew I should have done.

1:26And was there a risk that was too big that you were like, ah, my ego got in the way? Yeah, I don't know. There's a lot of things I would, I call it turn the dials. You know, I turn the dials to get the business going more. So there's things I would go back and wish I did. Maybe hire a person sooner. Maybe, you know, we talk about one of them is the people you surround yourself with. You know, I realize now I do a quadrant. and I have the two parts is encouraging, not encouraging, has done it before, not done it. And so now when we hire, and I do this for the people you put around yourself, but if you've got a business, I do this in the business.

2:12So, you know, the A-plus person you want is someone that's done it and is encouraging. You know, I call them, you know, dream clingers. You want to cling to them because they know. You know, you can have some that's done it before, but they're not real encouraging. You can have a few of them around because they have experience, but you can't have too much negativity around you. No, you can't. The third one was someone that's very encouraging but never done it. Now, you could take some of them with you on the ride and coach them up, and they'll learn skills. But the dream killers are the one that I realized I kept some of them around me too long, and I hired some at the office.

2:51And those are people that are discouraging and they haven't done it. And so, and I find you almost got to give people permission. You know, when we started being really successful, some people would say, oh, you're outgrowing some friends. And no, you weren't outgrowing friends. There was just, you had new interest and new excitement and you needed a different skill set around you. New people around you. Yeah. And so, you know, for me, I always relate to coaching. The right starting five has got to be in the game. And you might like someone in that starting five that's not performing and they're not being encouraging and they've got a negative attitude and they're going to have to sit on the bench.

3:27Yeah, exactly. And it's painful. But that's, it's your life. Coach it to win. That's true. You know, I look back and I think how many people are afraid to let someone go. Like, it's amazing how, because we like people and you're like, I can't let them go. Yeah, and you've built a relationship with people. But you let them go, and two weeks later you're like, ooh, best thing I've ever done. Why did I wait so long? I know that feeling. Too many lessons I've had. I still need to learn that lesson, but that's interesting. Okay, so living on the offense, playing to win, not playing on defense all the time.

4:01And maybe there's seasons where you need to play defense, but you've got to get back to playing on offense. What would be number four then? Four would get back up your resilience. Get back up. Yep, if you get knocked down, you know, I call it my Rocky. you know rocky story there i've spent some time with sly and i love him telling his story and and uh you're gonna get knocked down just know it you're gonna hit potholes everything's not gonna be and when you do you just know okay i'm built for this i'm getting back up and and we were knocked down you know there was i got caught in a lawsuit one time i had never had a big business so i hadn't been in lawsuits and that there's no fun in lawsuits that's not fun unfortunately in life now, today, it happens.

4:46But at the time, I remember going, oh, Lord, please get me out of this. You know, only people winning are the lawyers, and how do I? But if you're coached through it, you know, okay, look, surround myself with good people. Let them handle this. The best for me was not trying to do everything, realizing what am I good at? Hire others that do what I'm not good at. I could have done the books. I could have done accounting. I was a math teacher, but that would kill me. I want to be thinking marketing ideas. I want to be leading from the front, charging the hill. And so it's surrounded me with people that could give me a good foundation and take care of those things.

5:23Wow.

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6:21Again, have an amazing day and I'll see you tomorrow with another episode of the Daily Motivation Show.