Successful people understand this and deploy impressive tactics to bounce back after huge setbacks and rebuild their self-confidence.
1. They reaffirm themselves
One thing most successful people know is that failure happens to the best of us. It’s nothing personal. If you haven’t failed at something before, it means you’ve never tried anything. Just because you failed doesn’t mean that you are a failure. Successful people visualize their desired situation and reaffirm that their dreams and goals are credible. When the momentary negative feelings of “I can’t do it” arise, they assert: “Yes I can.” By using this strategy consciously and intently, they influence their subconscious mind, bringing it back to center, transforming their behavior, and reshaping their attitude and reactions. After all, there’s a lot of truth in the words, “Who you are inside is what helps you make and do everything in life.”
2. They take a break and do other activities that they enjoy
Successful people often take some time out to de-stress after major setbacks. This gives them a reprieve from the failure, soothes their ego, stirs their creativity, and helps them get a sense for what truly matters in life. They surround themselves with positive, supportive people and make time for simple pleasures like fishing, reading, organizing charities, or just hanging out with their family. Bill Gates and Arianna Huffington are among the many successful people who love to unplug from technology and read a book. They say it helps them unwind and take the edge off after a particularly busy or stressful day. Bungled attempts, lost business, and negative feedback seem to have less of a toll after this.
3. They reflect on their past successes and failures
Successful people like to reflect not only on their success stories, but also on their failures. That’s because both bring learning opportunities. By reflecting on these experiences, you become much more aware of your strengths and weaknesses. You become conscious of your personal quirks, your blind spots, and are better able to explain your insecurities — informing your best course of action going forward. Oprah Winfrey was fired from her first TV job as an anchor in Baltimore. While reflecting on her experience, she came to the conclusion that she needed to create her own TV channel, which paid off magnificently. Today, she is a household name and a self-made billionaire in the media industry.
4. They forgive themselves
A growing body of research, including new studies by Berkeley’s Juliana Breines and Serena Chen, suggests that the ability to forgive yourself and learn from your mistakes is the key driver of success. Many successful people know this and practice self compassion. They don’t beat themselves up too much after making a mistake. That’s because they know that being too harsh on yourself does nothing but dent your confidence further and make it harder for you to bounce back to winning ways. Truly successful people learn and move on precisely because they know how to forgive themselves first. It’s just as bad to be mean to yourself as it is to be mean to others. The moment you realize this and learn to forgive yourself is the moment you give yourself permission to rise again and make things happen.
5. They manage their self doubt
When successful people make a mistake or suffer a major setback, they analyze what they are feeling and frame strong arguments to tame negative self-talk and doubt. Many write down their fears and concerns as clearly and succinctly as possible and challenge them calmly and rationally. If their worries and doubts dissolve under scrutiny, that’s great. However, if the worries are based on genuine risks, they set additional measures to manage these appropriately. There’s something about this approach that boosts confidence and makes the worst of setbacks seem surmountable. It was Confucius who observed that, “Those who think they can and those who think they can’t are both usually right.” As you think, so shall you become.
6. They re-create their approach
Insanity is defined as trying the same thing again and again but expecting different results every time. Successful people know better than that. They constantly recreate their approach and deploy new ways of doing things based on what they’ve learned in the past. This means the best, clearly-thought out plan, solution, program, or system possible to boost confidence and propel them to success. Thomas Edison would not have become one of America’s most renowned inventors were it not for his exemplary attitude toward failure, unwavering persistence, and willingness to recreate and try new ways to achieve his goals. He is famously quoted saying, “I have not failed; I have just found 10,000 ways that won’t work.” That was the secret to his success as a standout inventor and businessman who developed many life-changing devices, including the phonograph, the motion picture camera, and a long-lasting, practical electric light bulb.
7. They get back up on their feet and commit themselves to success
After all is said and done, successful people get back up on their feet and continue with the journey. They don’t stay down. They might start over a bit more cautiously after huge setbacks, but they start. Then, they accelerate towards success as their confidence is reborn. The simple act of starting and making small, steady steps forward, armed with lessons learned from past setbacks, rebuilds and rejuvenates their self belief. They eventually begin to stretch themselves, make the goals a little bit bigger along the way. Musical artist Bob Marley was shot in his own hometown two days before a major public performance. What did he do? He defiantly walked out on stage anyway. His reason for doing so was simple, yet powerful: “The people who are trying to make the world worse never take a day off. Why should I?” That was arguably the point at which he became a legend. Every step you take after a huge setback is a testament to your resolve. Every win is a reward for your commitment.
