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I try really hard to not comment on the day-to-day events because a) you never have the full story within the first hour or two of events breaking, and b) that commentary is out of date within a few days.
But there’s a principle in that approach that applies to our Mindset, which is what we’re talking about this month in the newsletter.
Today I want to cover a principle that has served me well over the last few years professionally and as I’ve been building two new businesses.
The “We’ll See” Principle
I love this story that illustrates the principle perfectly:
Once upon a time, there was a farmer in the central region of China. He didn’t have a lot of money and, instead of a tractor, he used an old horse to plow his field.
One afternoon, while working in the field, the horse dropped dead. Everyone in the village said, “Oh, what a horrible thing to happen.” The farmer said simply, “We’ll see.” He was so at peace and so calm, that everyone in the village got together and, admiring his attitude, gave him a new horse as a gift.
Everyone’s reaction now was, “What a lucky man.” And the farmer said, “We’ll see.”
A couple days later, the new horse jumped a fence and ran away. Everyone in the village shook their heads and said, “What a poor fellow!”
The farmer smiled and said, “We’ll see.”
Eventually, the horse found his way home, and everyone again said, “What a fortunate man.”
The farmer said, “We’ll see.”
Later in the year, the farmer’s young boy went out riding on the horse and fell and broke his leg. Everyone in the village said, “What a shame for the poor boy.”
The farmer said, “We’ll see.”
Two days later, the army came into the village to draft new recruits. When they saw that the farmer’s son had a broken leg, they decided not to recruit him.
Everyone said, “What a fortunate young man.”
The farmer smiled again – and said “We’ll see.”
Call it Stoicism, call it perspective, call it whatever you want. This attitude, or mindset didn’t change the events. The man in the story realized, fully, that these events were out of his control and decided rather to focus on what he could control – himself.
This same mindset can be applied to every aspect of your life. Making it a global mindset – one that applies in every time, place, event, no matter what, is what will help you get through “crazy weeks” and come out ahead.
The difference between someone who makes $100,000 a year and feels content and fulfilled and grateful, and someone who makes $1,000,000 a year but is constantly chasing “more”, is mindset.
The difference between someone who overreacts at something that happened online and someone who is able to keep scrolling without engaging – mindset.
How To Start Working On Your Mindset Today
Two things that I’ve found very helpful especially when it comes to social media:
1. Put down your phone.
Have times throughout the day where you have your notifications off and can get some deep work done. Put it away before you go to bed, rather than scrolling until your eyes are too tired.
2. Don’t immediately respond.
I can’t think of a single time that I regret not posting some quippy response or jumping in to tell someone all of the many reasons I disagree. Sure, it’s hard, but in the long run, it will play out better for you if you let it go, and focus on what really matters.
I love this tweet from Justin Mikolay when it comes to social media:
Shifting your mindset when it comes to social media is a simple action with huge benefits.
What about your business?
We can’t forget about how to apply this to your business. My suggestion:Think long-term, not short-term
When it comes to how you react to the events in your business, don’t let something that happens throw you off your game for more than a few minutes.
You don’t have to become a robot and emotionally detatch from everything. It stings when a project falls through, a client doesn’t pay you, or when something you create doesn’t land with your audience in the way you hoped it would.
Rather than get upset, say “we’ll see”, and get on with the things you can control.
A year from now, the things that happened today won’t be something you even remember, let alone their effect on your business.
Your business is a cumulation of hundreds and thousands of days, events, people, projects, and actions. Don’t let a single one distract you from your goals or mess with your mindset.
PS – Again, be sure to check out the giveaway that’s running this week, and share it online for extra entries. There are prizes for those that share it, so go and enter today.
PPS – Two newsletter recommendations for you today from two people I’ve grown to really enjoy – not just their writing but following online.
I already mentioned Justin Mikolay (link to his twitter account), and his newsletter is one that I actually allow into my inbox. He does the painstaking work of culling through 3000+ top tweets of different individuals and summarizes them. I imagine it’s a lot of work, but the way he distills the info is really great.
Check out his newsletter at letter.substack.com
The second recommendation this week is to follow Codie Sanchez and her newsletter Contrarian Thinking. Codie deeply understands what she calls Contrarian Arbitrage – finding opportunities where others don’t see it. She writes about investing, building wealth, and growing businesses.
Subscribe to her newsletter at contrarianthinking.substack.com