52. Riding the Rollercoaster of Business

Today, we're diving into the thrilling highs and lows of the business roller coaster - seriously, nothing will bring you more fun (or more heartache) except maybe parenting! I'll guide you through the inevitable ups and downs of entrepreneurship and help you find the courage to keep going, even when it seems like “nothing is working”.

Here's what we cover:

• Understanding the Dunning-Kruger Effect: Why we often overestimate our abilities early on.
• The Five Stages of Business:
• Uninformed Optimism: The initial excitement and confidence.
• Informed Pessimism: Realizing the challenges ahead.
• Valley of Despair: The toughest phase, where many feel like quitting.
• Informed Optimism: Gaining traction and seeing early successes.
• Achievement: Reaching your goals, but with new challenges ahead.

I also share strategies to push through the tough times, emphasizing the importance of self-coaching, compassion, and persistence. Remember, every entrepreneur goes through these phases, and the only way to fail is to quit. So, let's embrace the journey and keep moving forward.

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