1 00:00:00,040 --> 00:00:03,840 Episode title, embracing obstacles as opportunities. 2 00:00:03,840 --> 00:00:08,740 The truth is, adversity paves the pathway to extraordinary success. 3 00:00:08,740 --> 00:00:12,040 When your competitors see obstacles they often retreat 4 00:00:12,040 --> 00:00:16,959 or complain. However, by viewing the same obstacles as opportunities to innovate 5 00:00:16,959 --> 00:00:20,400 and improve, you can position yourself uniquely in the market. 6 00:00:20,400 --> 00:00:23,480 For instance, let's take supply chain disruptions. 7 00:00:23,480 --> 00:00:28,260 Standard advice dictates that you diversify suppliers to mitigate risks, 8 00:00:28,420 --> 00:00:29,920 but what if instead 9 00:00:29,920 --> 00:00:33,400 you reengineered your product to use locally sourced materials 10 00:00:33,400 --> 00:00:38,500 or modular parts? This not only shields you from similar future disruptions 11 00:00:38,500 --> 00:00:42,099 but can also lead to cost savings and a unique selling proposition 12 00:00:42,099 --> 00:00:47,099 as a business resilient and adaptive to change. Consider also the concept of 13 00:00:47,099 --> 00:00:50,980 failure. While failure is typically seen as a setback 14 00:00:50,980 --> 00:00:54,580 within its folds lies in invaluable learning experience. 15 00:00:54,900 --> 00:00:58,860 When I started my first venture I considered every failure not just a 16 00:00:58,860 --> 00:00:59,480 lesson 17 00:00:59,480 --> 00:01:02,619 but a step closer to the formula for success. 18 00:01:02,619 --> 00:01:06,099 I failed more times than many people have even tried 19 00:01:06,099 --> 00:01:09,699 and each time I documented what went wrong and adjusted my approach. 20 00:01:09,699 --> 00:01:14,680 This system of iterative learning turned failures into a series of experiments 21 00:01:14,680 --> 00:01:18,879 leading to eventual mastery. Counterproductive habits are often the 22 00:01:18,879 --> 00:01:19,900 silent killers 23 00:01:20,260 --> 00:01:24,779 business gurus usually preach about working more hours 24 00:01:24,779 --> 00:01:28,419 but they miss the point. It's not about the number of hours you work 25 00:01:28,419 --> 00:01:31,540 it's about the value you produce within those hours 26 00:01:31,540 --> 00:01:35,419 in my journey I found that by reducing my working hours 27 00:01:35,419 --> 00:01:40,019 and focusing intensely on high-impact activities my productivity in decisions 28 00:01:40,019 --> 00:01:40,699 improved 29 00:01:40,699 --> 00:01:44,279 this method goes against the celebrated hustle culture 30 00:01:44,279 --> 00:01:48,519 but believe me burnout never breeds success 31 00:01:48,519 --> 00:01:52,180 let's address comfort zones entrepreneurs are advised to always 32 00:01:52,180 --> 00:01:53,879 push boundaries 33 00:01:53,879 --> 00:01:57,320 but the expansion must be intentional not just busy work for the sake of 34 00:01:57,320 --> 00:01:58,959 appearing productive 35 00:01:58,959 --> 00:02:02,559 I've observed many young entrepreneurs chasing new ventures or ideas 36 00:02:02,559 --> 00:02:06,260 spreading themselves thin I chose a different path 37 00:02:06,260 --> 00:02:10,740 I honed in on a niche became an expert in it and dominated that space before 38 00:02:10,740 --> 00:02:12,139 expanding 39 00:02:12,199 --> 00:02:15,199 depth often trumps breadth when it comes to creating real 40 00:02:15,199 --> 00:02:18,660 lasting value finally let's talk about growth 41 00:02:18,660 --> 00:02:22,639 traditional trajectories favor slow and steady growth 42 00:02:22,639 --> 00:02:25,800 but there's a case to be made for strategic speed 43 00:02:25,800 --> 00:02:29,300 in one of my companies once I saw a clear demand in the market 44 00:02:29,300 --> 00:02:34,039 I didn't hesitate to scale rapidly the calculated risk paid off 45 00:02:34,039 --> 00:02:39,619 we out pace competitors and captured the market rapid growth has its dangers 46 00:02:39,639 --> 00:02:42,779 but when done thoughtfully it can catapult a company into a leadership 47 00:02:42,779 --> 00:02:45,259 position that takes others years to challenge 48 00:02:45,259 --> 00:02:50,259 reflect on this true innovation comes from the willingness to walk the road 49 00:02:50,259 --> 00:02:51,460 less traveled 50 00:02:51,460 --> 00:02:56,259 to find value in unexpected places and to challenge the established norms 51 00:02:56,259 --> 00:03:00,960 without fear to all visionaries out there pushing through the uncertainty 52 00:03:00,960 --> 00:03:04,740 this message is for you double down on the different 53 00:03:04,740 --> 00:03:09,500 the difficult the daring you don't become a leader by following 54 00:03:09,619 --> 00:03:12,660 you become one by setting the pace 55 00:03:12,660 --> 00:03:16,559 I hope this helps you rethink your approach your path to success may be 56 00:03:16,559 --> 00:03:17,600 unconventional 57 00:03:17,600 --> 00:03:22,440 but it will be unequivocally yours for those of you who found value in today's 58 00:03:22,440 --> 00:03:23,279 episode 59 00:03:23,279 --> 00:03:27,460 I invite you to subscribe and share this podcast with fellow change makers 60 00:03:27,460 --> 00:03:32,119 uncommon insights can often be the catalysts for groundbreaking ventures 61 00:03:32,119 --> 00:03:36,039 lets grow a community of leaders who look beyond the obvious 62 00:03:36,039 --> 00:03:39,419 and strive for the exceptional thank you for listening 63 00:03:39,419 --> 00:03:42,979 and until next time, keep redefining the impossible