The Life Changing Lessons I Learned From Losing Everything

The Playbook With David Meltzer

David Meltzer, Entrepreneur.com

Business, Careers, Entrepreneurship

4.9 • 1.9K Ratings

🗓️ 20 January 2023

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

When I experienced bankruptcy for myself, I knew that I had a strong foundation to fall back on: my values. Take inventory of the values (personal, experiential, giving, and receiving) that make you who you are now and then imagine the person you want to become. Build around the values those people have in common. When you start from a strong foundation, whatever your core values may be, you will have to find people to help drive you forward in your goals. Having a set of principles and standards will attract the right people around you, and it will also empower you to cut ties with associates who aren’t a great fit. It will prepare you to foster beneficial relationships with family, friends, business associates, and even develop mentoring relationships. We must not only think, say, and do the right things to attract the right people. We must also believe the right things and even carry the right energy. This can happen only if we incorporate our values into every aspect of our life and business. If we want to live a grateful life for example, we cannot only think grateful thoughts. We must take grateful action as well, show this gratitude for ourselves and others consistently and with persistence.

Transcript

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0:00.0	Just keep playing, man. It's, you know what I mean? It doesn't matter. You'll figure it out.
0:05.8	This is the playbook.
0:07.9	You talked earlier about the skill set you developed along the way. My question is more towards when you went through your tough time.
0:14.1	Yeah. Like what are the skills sets you learned through that to get you through that, the maneuver through that?
0:18.1	Because while you're talking about like what happened and it happened and then you bounce back,
0:23.6	but what is it that actually?
0:25.6	So two things happened.
0:27.6	So I went bankrupt, is what he's referring to.
0:30.6	Because I surrounded myself with the wrong people, the wrong, two things I didn't understand as well as I do today.
0:35.6	Ego and time. And so what I did is I went back and took
0:40.8	stock in who I was. So before I did anything, any movement, I went back and took stock in who I was
0:46.4	and started saying, you know, are you a gracious person? Are you forgiving person? Are you
0:52.0	accountable for this? Because I wasn't accountable at first.
0:55.0	Right? I had to take accountability.
0:57.0	It was a big one for me.
0:58.0	It was so freeing to say, wait a second, I did this.
1:01.0	Not some other guys, some law, like I did this.
1:03.0	And then how do I effectively communicate not only to everyone else,
1:08.0	but also to that which inspired me,
1:10.0	because it wasn't living an inspired life
1:12.0	anymore.
1:13.0	Right?
	...

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