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the agony of defeat-Duke

The Agony of Defeat

the agony of defeat-Duke
The agony of defeat – we’ve all felt it. Click PLAY to hear George & Mary-Lynn share how to overcome it on The BIGG Success Show podcast.

The agony of defeat was met by countless teams as another year of March Madness in the NCAA Tournament comes to a close.

That’s the nature of the game: You get 40 minutes to play basketball. When the final buzzer sounds, one team goes on, and one team’s incredible season comes to an end.

We love watching these games, mainly because the winner isn’t determined until the final seconds. Many games were won by only one basket, or even just one point.

What’s also fascinating about these games is that a team doesn’t lose because they played bad. In fact, many of them have their best game of the season – yet head to the locker room feeling the agony of defeat.

They played their hearts out but came up short.

The Agony of Defeat in Life

Narrow defeats happen to us in life too:

  • You put yourself in the running, but missed getting that promotion.
  • You had the best interview ever, but didn’t get that job.
  • You gave everything to your business, but still didn’t make a profit.
  • You put your best efforts forward, but fell short of your goal.

The level disappointment can feel like a punch to the gut. Or a kick in the head. It just hurts. Your mind races as you look back and wonder what you could’ve or should’ve done differently. But often there isn’t an answer – you did all you could, it just didn’t turn out in a victory.

All you can do is pick yourself up and go on. Learn what you can from it, and carry that new knowledge with you.

Don’t blame yourself or others. Don’t use it as an excuse to hide from the next opportunity. Don’t let it make you cynical.

As Maya Angelou so eloquently says, “While one may encounter many defeats, one must not be defeated.”

Finding Victory in the Agony of Defeat

An important step to take after a loss is to look at the BIGG picture.

  • Instead of looking at what you lost – focus on what you gained.
  • Instead of looking at what you didn’t achieve – focus on what you accomplished.
  • Instead of feeling disappointed in the outcome – focus on being satisfied with the effort you made.

As legendary basketball coach John Wooden says,
“Success is peace of mind, which is a direct result of self-satisfaction in knowing you did your best to become the best that you’re capable of becoming.”

Are you giving your all to become the best that you can be? Then we’d say that’s a BIGG win – and that leads to BIGG Success!

How do you take defeat and play on?

Direct link to The Bigg Success Show audio file | podcast:
http://traffic.libsyn.com/biggsuccess/00895-040814.mp3

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Success in Your Own Business Requires a Good Pit Crew

By Bigg Success Staff
05-22-08

Bigg Success in Business

pit_crew 

Every driver in the Indy 500 realizes the importance of a great pit crew. A pit crew can mean the difference between victory and defeat. As the owner of your own business, you also need a good pit crew. You’re the driver, but your crew gives you the edge you need.

Your professional advisors are:

Your accountant
Your accountant will help you determine the best entity for your business, along with your attorney, for tax purposes. They will also help you set up your books so you know how you’re performing. They can help you determine your best tax strategies. They can refer you to other advisors and capital providers.

Your attorney
Your attorney will recommend the best entity in which to hold your business to minimize your liability and accomplish your goals. They will also help you understand the formalities that need to be maintained to protect your personal liabilities. They will advise you on your business dealings and help you when the unexpected situation arises. They can also refer you to other advisors and capital providers.

Your insurance broker

Your insurance broker will help you maintain adequate coverage for your assets and will also help you manage your risk. They will recommend the types of coverage you need as well as the level of coverage you should maintain. They will help you understand where your unexpected losses might occur and help you develop programs to reduce the risk of loss.

Your financial planner

Your financial planner will help you plan for your retirement. They will help you determine which plan is right for you, your company, and your employees. They will help you set up and maintain this plan. They can also help you determine the best allocation for the assets in your portfolio so you achieve the greatest return given the risk you’re willing to accept.

Your coaches

Your coaches will prod you on when you’re up and lend support when you’re down. They will give you someone to be accountable to so you accomplish what you set out to do. They will give you an outsider’s perspective – an objective look – at this business to which you’re so close. They will help you get to the next level of success.   

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