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In 2000 I was the leading goal of Mexico, Finanzas Web. The company so innovative that we will survive the collapse of the market when the bubble dot-com bursts because we had capital reserves and a clear plan of performance.
In 2008, a great reception intervention and I was in the eye of a hurricane with a shop specializing in the Hyspan market. When the bank reduced our loans overnight, I lost the company and stayed with $ 1 million in my personal debt.
The third time is the magic, isn’t it? In 2020 it was prepared in the middle of Covid, my current society, a growth institute. We doubled and created Inc. 5000 list for the third year in a row. We went out stronger than ever.
Same CEO. The same world. Different results.
So what has changed? Better systems, deeper consciousness and recognized thinking.
Related: Fear can hold us back – but it can also get us forward. Here is a guide on how to turn the fear into fuel.
Step 1: Name Fear
The first step in controlling fear is the name. Psychologists Justin Milano and Dan Cordaro emphasize that high-performance entrepreneurs of garden strange are studying it. When fear arises, you suppress it. Ask: What is the fear? Where do I feel it in my body? Is it rooted in a real threat or in the future that never has to happen?
Anxiety often comes from mental loops rather than specific facts. For example: “What if we run out of cash?” “What if the product fails?” These concerns narrow your thinking and reduce your ability to solve the problem. When you mark fear, you get back above it.
Step 2: Slide the lens
Fear of signals of potential loss. But what if it makes the opportunity?
Milano and Cordaro outline three common fear thinking:
- Lack: Believe that there is never enough.
- Aversion: Resistant reality as it is.
- NECESSION: Insufficient feeling.
The moment you move from “What could I lose?” “What could I get?” You take back check.
Related: 3 steps to overcome fear of uncertainty and everyday stress
Step 3: Assemble Systems Before Storm
Jim Collins created the term return of happiness, which defines as the ability to turn inferior events -oy bad or bad -na dynamics for scaling. And here is a key insight: successful and unsuccessful societies receive the same love for happiness. The difference is what they do with it.
How to increase the return on happiness:
- Stay in alert: Opportunities rarely look like opportunities at first.
- ACT with discipline: Minimize emotions. Rely on data and strategy.
- Learn quickly: Every crisis brings a lesson. Are you a list?
- Being folded: Do not change the race with every breeze. The discipline will liberate you.
The roll allowed my companies to collapse or scalp, depending on precarision. So ask yourself:
- Do we have a cash flow management system?
- Do we have KPI that we monitor every week?
- Can our team perform without micromation?
Happiness is unpredictable – but your responsibility is not for it. Acceptance of renowned thinking can transform uncertainty into growth and school success. Train the chaos before the chaos arrives.
Step 4: Tighten your implementation discipline
In times of uncertainty, surgical discipline becomes your safety network. Think of your business as a car. Without the dashboard – clear KPI, priorities and communication rhythms – you drive blind.
Return to the basics:
- Define your highest priorities.
- Hold daily and weekly Hunddles to the main alignment.
- Enlarge your metrics and reviews.
In addition to mechanics, strengthen your company’s strategy and value at each meeting. Loud. Be recurring. Management means becoming a constant messenger of your vision.
And don’t trust your intestine. Use data. In uncertain markets, instinct can be misleading. Stay in alert when it comes to trends, compare your performance and get on the course soon.
Finly, seize your team. List a clear direction and then retreat back. Agility comes from a self -confident decentralized design, not from micromanagement.
Related: Guidance with transparency in times of Ucevety
Step 5. Management with transparency and strategy
In crisis, communication becomes your strongest tool. It is not enough to have a strategy. You have to communicate clearly and land.
It means:
- Expression of your vision simply, in a repeatable way
- Listening to your team’s concerns inside
- Transparent stay during hard calls
The management is not about having all the answers, but to show the way forward.
Step 6: Negotiate as a professional
During economic instability is one of the most overlooked levers of your begging relationships. While most CEOs are in a hurry to reduce the number of employees or pause marketing, intelligent call their sellers.
Convenient this approval:
“Like you, we feel the press. Let’s go back to our agreement and find it mutually.”
You may be surprised how flexible happens when the relationship is strong. Here are quick wins to explore:
- Extended payment terms
- Minimum obligations
- Locked Prices for a longer period of time
Proactive negotiations in times of uncertainty is not a risk. It is a strategic lead.
You can raise fear but you can do it
Fear will not disappear how scale; It is evolving. However, your strategy and resistance. The best entrepreneurs govern after trust. They behave in self -confidence.
As someone who has experienced the three main crisis and on the other hand, it became stronger is my advice: Don’t try to surpass fear. Make your ally.
In 2000 I was the leading goal of Mexico, Finanzas Web. The company so innovative that we will survive the collapse of the market when the bubble dot-com bursts because we had capital reserves and a clear plan of performance.
In 2008, a great reception intervention and I was in the eye of a hurricane with a shop specializing in the Hyspan market. When the bank reduced our loans overnight, I lost the company and stayed with $ 1 million in my personal debt.
The third time is the magic, isn’t it? In 2020 it was prepared in the middle of Covid, my current society, a growth institute. We doubled and created Inc. 5000 list for the third year in a row. We went out stronger than ever.
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(Tagstotranslate) leadership