How to Cope with Hard Times

Episode 266 | How to Cope with Hard Times
Date: 2015-12-08
Link: Startups for the Rest of Us
 
Startups for the Rest of UsOne of the first things that happens when company come on hard times is they start cutting services
It is hard to make decisions based on current information.
Due diligence can fail pretty quickly.
Reflect on the situation. Realize that everything is not your fault but you should take responsibility for the things that are.
Take responsibility for as much as you can handle.
Accept that you have limitations.
Recognize that everybody makes mistakes. You’re not going to go out and be successful at everything you do.
If you’re not willing to make mistakes you’re not going to learn and grow as a person.
Ask, “what is the worst case outcome of the situation?”
Remember you are not alone in the world.
Map out appropriate course corrections.
Ask people for help.