THIS Is How You Overcome Failure and Launch Yourself to Success | Tom Bilyeu Q&A
Tom Bilyeu's Impact Theory
Impact Theory
4.7 • 5.2K Ratings
🗓️ 2 July 2022
⏱️ 47 minutes
🧾️ Download transcript
Summary
SHOW NOTES:
Reacting | Respond to setbacks, negativity and failure with ‘Good’ [1:48]
Do it Different | Tom breaks down the reason you can see failures and say ‘good’ [6:07]
Assess Failure | This is how you assess failure and expose the flaws in your strategy [6:32]
4 Steps | Tom lays out complete strategy to beat failure for the long-term game [7:17]
Biological Experience | Understand your brain and learning to disrupt approach [9:58]
Cognitive Behavioral Therapy | Tom explains the value of pattern interrupting [12:08]
Reframing | Tom on how to reframe failed business venture entering job market [16:15]
Hard Skills | Tom exposes why getting good at the hard things is necessary to win [17:14]
Moving Forward | It takes doing what moves you toward your goal & reframing failure [22:21]
3rd Door | Tom breaks down what it takes to find your path to the seemingly impossible [25:06]
Belief in Yourself | How people’s doubt for you is a gift when you’re not good enough yet [35:03]
QUOTES:
“the very way that we bounce back from failure, is by looking exclusively at what we can do differently.” [5:44]
“whenever a strategy yields a result, different than the desired result, then you know, this strategy is, by definition, wrong.” [6:38]
“Yes, it's hard. Getting good at shit is hard, outperforming other people is hard. But if you want to win, you've got to do hard shit.” [17:58]
“This is like one of the key insights of my life. You should only ever do and believe that which moves you towards your goal.” [22:21]
“If you can add value to people, then you can build an ecosystem.” [23:36]
“When we are young, we can become anything. But as we age, we become something specific. And there's a death in that.” [25:06]
“when you've had a tremendous failure, to recognize that you've got to get so hard core that people would sooner believe that it's magic than that you just work that hard.” [30:02]
“...failure is only permanent, if that's what you choose to believe. Reframe it, recognize you have power, recognize you have control over what you do, and recognize that if you leave people in awe [...] the only way to really have mind blowing success in life is to set the bar ridiculously high, and then surpass all expectations.” [33:20]
“the greatest gift anyone can ever give you is doubt.” [35:03]
“These people had not misidentified me. I just wasn't good enough yet.” [37:21]
Check out Jocko Willink’s excerpt on “Good”: https://www.youtube.com/watch?v=IdTMDpizis8
Transcript
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| 1:12.4 | Hey everybody, welcome to another episode of Impact Theory Q&A. Today we are going to be talking |
| 1:18.1 | all about how to bounce back from failure. This is one of my favorite topics on the planet because |
| 1:25.2 | this is really how you're going to separate yourself from everybody else. The people that can |
| 1:29.4 | leverage that failure to learn from that, to improve their skill set and go on to be successful |
| 1:36.1 | are the ones that ultimately build the life that they want to lead. The ones that are emotionally |
| 1:40.6 | devastated by failure are the ones that end up in a death loop and they never go anywhere. So |
| 1:44.7 | without further ado, let us dive into your questions. Number one, I feel like I've always been |
| 1:50.7 | able to bounce back pretty easily from setbacks and even pretty big failures. Then in September, |
| 1:55.1 | within a short span, I lost almost everything. The woman I planned on marrying left me for what |
| 2:00.3 | seemed to be no reason at all. The company I had worked for all year for 11 plus hours a day |
... |
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