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Entrepreneurial Capitalism Uncompromised

How to Be Extraordinary

14/6/2020

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"Extraordinary people survive under the most terrible circumstances and then become more extraordinary because of it" - Robertson Davies 

​Have you ever thought about what it takes to become an Extraordinary business owner? Does it mean you become an overnight success? Or could it be because you choose to take advantage of adversity and use crisis to your advantage?

The Chinese characters for CRISIS include two word, "Danger" and "Opportunity." Both are equally present during a crisis. The results you get are determined by where you choose to put your focus. 

Owning an extraordinary business, even during a crisis, is possible. In order to turn danger into opportunity, we need to continue to display a strong work ethic (even when the possible seems impossible), have a clear vision of the future business we want to create, and learn strategies to take advantage of adversity. A shift in focus is the starting point. 

How can we take advantage of adversity in order to rise above and become Extraordinary entrepreneurs and business owners? Here is what I know about adversity: 

  • Adversity causes us to stop and look at our situation...and at ourselves if we have courage. Use adversity as an opportunity for self-discovery. Avoid the instinct to build walls, close your eyes or run away. Samuel Lover said, "Circumstances are the rulers of the weak; but they are the instruments of the wise." Use adversity as an instrument find new opportunities and new self awareness.
  • Adversity comes to us as a teaching tool. We can "turn our wounds into wisdom" only if we want to learn from them. It requires the right mindset and a deliberate intention to find the lesson in the loss. If we don't embrace those things we end up with scars.
  • Entrepreneurs know that adversity is often the door to opportunity. Business history is filled with examples of products and services that were launched during difficult times.
  • The life of a successful business owner is filled with one transition after another. Time is always moving forward. We need to change with the times and adversity is often the catalyst.
  • As a business owners expect to experience pain when you face adversity. Plan for it. By planning for adversity you set yourself up to benefit from it. Expect the road to be painful and create a strategy for dealing with it when adversity arises. 
  • Adversity can either be a stepping stone or a tombstone. The difference is in the way you approach it and how you choose to see it. Do you best to see adversity as something that can help you become an even better business owner than you were before. Use adversity to write your story. Everyone has the chance to be the hero in a potentially great story. Choose greatness!

Your Friend on the Journey,
Donna

PS - This article is part of this week's IBGR Newsletter. If you found it valuable, make sure to join Community of Commerce to get on our newsletter list. Newsletters are sent every Monday with even more great and relevant information to help you start, grow and exit your business. 
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  • RADIO
    • ON AIR NOW
    • LISTENER GUIDE
    • SHOWS ON DEMAND >
      • BUSINESS PODCASTING MADE EASY
      • ECONOMIC NEWS >
        • IBGR.News
      • EXIT STRATEGIES >
        • An Epic Business Exit
        • Catalytic Conversation$
        • Exitology
        • The CFO Perspective
        • The Entrepreneur's Edge
        • The Smart & Savvy Business Exit
      • FINANCE >
        • Business Econ for a Post Pandemic World
        • Economics For Owners
        • Employee Capitalism
        • Money Matters
        • Practical Solutions to Difficult Problems
        • TurboCharge Your Business
        • Your Money Machine
      • HR / PEOPLE SKILLS >
        • Business and Beyond
        • Business Processes & People Talk
        • Equipping Others
        • Staff It!
        • Success Can Be Fun - With Focus!
        • The People Side of Business
        • Women of Business Thriving
      • INTERVIEWS >
        • Get You Noticed!
        • The Referral Guy Interviews Your
        • The Magnetic Voice
      • LEADERSHIP >
        • Compassionate Leaders of Influence
        • Destiny Road
        • Engaging Your People For Success
        • Leadershift with Col Ajai Lal
        • Leadership Powered by Common Sense
        • Influencing for Global Impact
        • Talk Leadership with Cedrick on the Radio
        • Your Corporate Confidante
      • MARKETING >
        • Building A Multilevel Marketing Empire
        • Level-Up Your Marketing
        • No Nonsense Market Domination
        • Buying Customers
        • #Seriously Social
        • Results Oriented Marketing
      • MINDSET >
        • Building Success Habits
        • Building You to Build Your Business
        • Entrepreneurial Mindset
        • Peak Impact Mentorship
        • Guidance To Wealth
        • The Hero Within
      • OPERATIONS >
        • Build It!
        • Building In Front of You
        • Building In Front of Your 2
        • Lead Lean
        • Pencils & Pistons
        • Planning Out Loud
        • Processes Under Control
        • The Ralph Peterson Radio Show
      • SALES >
        • Beyond The Method Selling
        • Inside The Customer
        • Sell It!
        • Serving Up Sales
      • STARTUPS >
        • A Business Primer for Startups
        • A New Business Model For Startups
        • Adulting In My Purpose Business Edition
        • Building Startup Operations
        • Creating A Consulting (Improvement) Business
        • How To Start A Consulting Firm
        • Survival Mode
        • The Geriatric Entrepreneur
        • Your Business 2.0
        • Z Gen Entrepreneurship
      • STRATEGY >
        • #OwnrLife
        • Better Your 4 U
        • Build Your Core for Dynamic Partnerships
        • Grow It!
        • How to Avoid Becoming the 80%
        • How To Become the Top 5%
        • How to Move Beyond the 15%
        • Living the Life .. On YOUR Terms
        • Own It!
        • ReImagine Your Business
        • The Business Owner's Bookshelf
        • The Self Managing Organization
        • Tenacious Top of Mind Business Insights
    • MEET THE HOSTS >
      • Ben Gioia ("joya")
      • Bert Robinson
      • Chris Mayfield
      • Crystal Y. Davis
      • Donna Kunde
      • Doug Thorpe
      • Ellen McIlhenny
      • Glenda Thompson
      • Jason "Wally" Waldron
      • Jeremy Gray
      • Jörn "Joe" Menninger
      • Kevin Beers
      • Lisa Askwith
      • Londina Cruz
      • Mike King
      • Monique McDonald
      • Patty Lawrence
      • RJ Lewis
      • Sarita Johan
      • Steve Sweeney
      • William Eastman
    • JOIN THE TEAM >
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      • BE A SPONSOR
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