Online Marketing Made Easy with Amy Porterfield

#745: The Truth About Risk, Criticism, and Success: 4 Lessons I Wish I'd Learned Sooner

Dec 31, 2024

Discover four game-changing lessons for business success! Learn why betting on yourself can boost your bank account. Find out how to silence criticism from the wrong sources and stay true to yourself. Explore a powerful mindset practice for turning setbacks into growth. Plus, uncover the 'Catch, Cancel, Correct' framework to battle negative self-talk and embrace your authentic self. These insights will help you break free and build the business of your dreams!

30:03

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Quick takeaways

Taking calculated risks and believing in oneself can lead to significant financial growth, as demonstrated by the speaker's experience with a business buyout.

Managing criticism effectively by evaluating its source fosters resilience and authenticity, enabling individuals to focus more on their goals.

Deep dives

Embracing Risk for Reward

The willingness to take risks directly correlates with financial success. One noteworthy example shared is the speaker's experience of buying out a business partner, a decision that carried immense uncertainty and stress. Despite the intimidating nature of this risk, it ultimately paid off, leading to substantial revenue growth from $5 million to $16.5 million in just 18 months. This emphasizes the lesson that often, significant rewards come from taking calculated risks and believing in one’s own potential.

Intro

2min

Embracing Risk for Personal and Financial Growth

5min

Embracing Authenticity and Letting Go of Criticism

7min

Transforming Setbacks into Success Through Mindset Shifts

14min

Ready to level up your business? Learn the four powerful lessons that helped me build a multi-million dollar brand (and how they can help you too!).

In this episode, we discuss:

(2:20) Why the money in your bank account reflects your willingness to bet on yourself
(6:53) How to stop letting criticism from the wrong sources hold you back
(14:03) My go-to mindset practice for turning setbacks into opportunities for growth
(19:55) Examples of how I use Jill Stanton’s “Catch, Cancel, Correct” framework to overcome negative self-talk

Listen in and learn how to get out of your own way so you can build the business you’ve always dreamed of!

Resources Mentioned in the Episode

Free Guide! 4 Ways To Rewire Your Mind, Business, Vision, and More for Unrecognizable Success In 2025

The Let Them Theory by Mel Robbins

Two Weeks Notice

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