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Capitalism.com with Ryan Daniel Moran

Failure

Capitalism.com with Ryan Daniel Moran

Capitalism.com

Entrepreneurship, Business

4.8802 Ratings

🗓️ 15 February 2021

⏱️ 26 minutes

🧾️ Download transcript

Summary

Failure. The angst, the anxiety, the shame and fear it carries with it… no entrepreneur escapes the experience of failing. But what comes next after we fail can mean the difference between shrinking into the shadows or emerging victorious with a helluva great story to boot.

In this episode, I share a thought experiment you can use to process even your worst failure and completely reframe it in a way that sets you free. Spoiler alert: it worked wonders on a friend of mine who was willing to play along. She says it completely transformed her from feeling shackled to fear and shame to finally feeling free.

If this episode speaks to you, I'd love to hear about the mindset shift it sparks in you.

Transcript

Click on a timestamp to play from that location

0:00.0

What's up team? Before we dive in, I want you to go to capitalism.com slash start.

0:04.4

This is where we put all of our best free stuff on starting and building a seven figure

0:10.3

business. So if you are looking for the right business to start or you haven't yet crossed

0:15.5

seven figures, go over to capitalism.com slash start. This is our starting page where we put all of our best stuff

0:23.1

for free. And there's actually a 10-part series on there that will walk you through the methodology

0:28.3

that I use to build businesses that I can scale and sell. So go there now. It's capitalism.com

0:34.3

slash start.

0:40.4

Hello, my friends.

0:41.8

Welcome back to capitalism.com.

0:44.9

Today, we are going to talk about failure.

0:48.5

I am recording this about two hours away from leaving for my first flight in however many months. I'm on my

0:56.4

way to L.A. to speak at SellerCon. If you're hearing this SellerCon already happened, you can

1:02.0

get my notes and everything that I did for that speech over at Capitalism.com slash SellerCon.

1:08.8

And it's putting me in the frame of I'm about to speak to all of these

1:14.6

Amazon sellers so many of whom are feeling like they're playing from behind like Amazon is

1:21.8

so big now like there's so many people who are doing this now. And this is just the case with entrepreneurs in general, but especially with entrepreneurs in 2021.

1:34.6

Because there is so much happening with Bitcoin and GameStop stock and Amazon and acquisitions and so much success and perceived success that we see in the

1:52.3

media that it is very easy to feel as though you are behind or to feel like you are a failure

1:59.5

or to feel like in order to speed up your progress,

2:04.5

you have to take bigger risks and move faster.

2:06.9

And so there is this angst and this anxiety that builds because you see how many things are

2:12.1

moving quickly and your life doesn't seem to be moving very quickly.

...

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