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Why Your Mindset of Failure Can Make or Destroy Your Success




How to mentally frame the inevitable setbacks you face in life is the key to building gravel, resilience and ultimately success.

Think of Maria Konnikova, who said that rebounding is one of the most important lessons she learned on her two-year journey to becoming a professional poker player. In a recent telephone conversation, Konnikova, the author of the new book, The Biggest Bluff said that before she learned poker, she had never played a hand of cards in her life.

However, Konnikova has a secret weapon ̵

1; a doctorate. in psychology.

Success with poker requires skill and luck. Sometimes you hit an unlucky short run, no matter how much time you have put into mastering the skills. The same is true in a pandemic when the skills you have do not seem to help your business or career.

During an unexpected crisis, the story you tell yourself and the words you use to talk to yourself are more critical than ever.

Building a Victory Mindset

In poker, a "bad beat" means holding a hand that will statistically win the majority of the time. But the player loses anyway.

A bad player has a negative mindset. They tell themselves that they have no control over their fate, and that they will continue to lose in the future, no matter how hard they work.

A successful player, on the other hand, focuses on the process and not the outcome. Their thinking goes like this: The cards went against me this time, but I made good decisions. It's not a reflection of my skills. If I continue to make these good decisions, I will win more often than I lose.

And I think poker serves as a metaphor for what small business owners and entrepreneurs are experiencing today.

The economy is terribly uncertain and is rooted in our thinking as entrepreneurs. It is too easy to miss what could have been or should have been, had it not been for the pandemic.

Instead, you should ask yourself:

Did I make the right decisions before this unfortunate hand?

Am I building the skills I need to get to the next level in my career?

Am I looking for opportunities in the middle of the crisis?

The words you use to frame your current situation will change your mindset and lift your spirits. A positive mindset allows you to stay open to new opportunities where others see barriers, and a positive mood will lift the mood and attract people in your life who will help, support or hire you.

Change the Meaning of a Event [19659007] There is a whole lot of psychological research called cognitive assessment. It simply means putting a positive frame around a negative situation by changing the meaning of an event with the words you use.

A well-known study at Columbia University using brain scans found that our inner mindset triggers physical changes in our brain. The brain's amygdala, the area associated with fear and anxiety, "saw a reduction in activity" when participants were asked to re-evaluate a negative situation and turn it into a positive one.

Many of the studies on reconsideration have been done using the words of master athletes. For example, Kobe Bryant once said that failure does not exist, and Michael Jordan said he missed thousands of shots in his career. Bad breaks did not stop the basketball players from making adjustments and trying again.

Successful individuals in all fields used positive words to frame a result. It's an imperfect world, and despite hours of training and many years of experience, the ball will not always bounce, you get a bad hand, or an unprecedented pandemic will change your plans.

Philosopher and psychologist William James once said, "the greatest discovery of my generation is that a human being can change his life by changing his attitudes."

Change your attitude by telling yourself a more mature story. You can feel your brain change right away.

The views expressed here by the Inc.com columnists are their own, not those of Inc.com.


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